McIntosh Greg W 4

What Happened

• Greg W. McIntosh, EVP, CCO & GM, Global RM of Iron Mountain (IRM), was granted 87,960 performance units (PUs) on Feb 16, 2026. The Form 4 reports the award as a derivative grant at $0.00 (transaction code A — Award/Grant). This is a compensation award, not an open‑market purchase or sale.

Key Details

• Transaction date and price: Feb 16, 2026; 87,960 PUs @ $0.00 (derivative award).
• Filing date: Form 4 filed Feb 18, 2026 reporting the Feb 16 determination.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Each Performance Unit represents a contingent right to receive one share of Iron Mountain common stock.
  • F2: PUs were initially granted to McIntosh on March 1, 2023; this filing reflects the Compensation Committee’s determination of the actual award effective Feb 16, 2026 after the performance period.
  • F3: The PUs will fully vest on March 1, 2026.
• Transaction type: derivative compensation award (code A). No sale or purchase was executed.

Context

• Performance units are contingent awards tied to company performance and vesting conditions; they convert to shares only if and when the performance and vesting conditions are satisfied. This filing documents the committee’s award determination rather than a cash transaction or market trade.