Bhargava Mithu 4

What Happened

• Mithu Bhargava, EVP and GM of the Digital Business Unit at Iron Mountain (IRM), sold a total of 59,725 shares on March 19, 2026 in multiple open-market/private sale transactions. The sales produced aggregate proceeds of approximately $6,248,239. Individual reported lots: 14,260 shares at $104.25 ($1,486,605); 12,537 shares at $105.04 ($1,316,886); 20 shares at $105.64 ($2,113); 20,462 shares at $104.30 ($2,134,187); and 12,446 shares at $105.13 ($1,308,448). These transactions are coded as S (sale).

Key Details

• Transaction date: 2026-03-19; Form filed: 2026-03-23 (filed within the required two business days).
• Total shares sold: 59,725; total proceeds: ~$6.25 million.
• Reported prices are weighted averages and were executed in multiple transactions:
  • Range $103.62–$104.61 (related to one lot)
  • Range $104.62–$105.56 (related to another lot)
  • Range $103.71–$104.70 (related to another lot)
  • Range $104.71–$105.56 (related to another lot)
  • The filer offers to provide a full breakdown of exact shares sold at each separate price on request (per footnotes).
• Footnote: Transactions were made pursuant to a Rule 10b5‑1 trading plan adopted December 19, 2025 (pre‑arranged plan).
• Shares owned after the transaction are not specified in the information you provided.

Context

• These were pre‑arranged sales under a 10b5‑1 plan, which typically allows insiders to sell shares on a preset schedule and is generally considered routine rather than an immediate signal about company prospects. Sales (code S) represent disposition of shares, not purchases; they reduce insider holdings but do not alone indicate company performance.