Kidd Mark 4
Research Summary
AI-generated summary
Iron Mountain (IRM) EVP Mark Kidd Sells 6,000 Shares
What Happened
- Mark Kidd, EVP, GM Data Centers & ALM at Iron Mountain (IRM), sold 6,000 shares in an open-market transaction on February 20, 2026. The shares were sold at $108.17 each for a total of approximately $649,020. This was a sale (disposition) rather than a purchase.
Key Details
- Transaction date and price: Feb 20, 2026 — 6,000 shares sold at $108.17 per share.
- Transaction value: ~ $649,020.
- Transaction type: Sale (code S) via open market or private sale.
- Shares owned after transaction: Not disclosed in the information provided.
- Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Kidd on March 20, 2025.
- Filing timeliness: Period of report matches the transaction date (Feb 20, 2026); Form 4 was filed Feb 24, 2026 (within the two-business-day filing window).
Context
- The trade was executed under a pre-established 10b5-1 plan, which allows insiders to sell shares according to pre-set instructions and dates; such plans often indicate the trade was scheduled in advance rather than timed to current company developments.
- Sales by executives can be routine portfolio management and do not, by themselves, indicate changes in company outlook.
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