Meaney William L sold $4.4M of IRM

Meaney William L (President and CEO) sold 38,474 shares of IRON MOUNTAIN INC (IRM) at an average of $114.08 ($113.45–$116.00, $4.39M total) across 4 trades on 2026-09-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Meaney William L
Published Sep 2, 2026, 8:27 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 2, 2026, 9:47 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$IRM
Bearish
medium confidence
Mentioned
$IRM
Relevance
5/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$IRMBearishLow
01

Why it matters

The CEO's complete exit may raise questions about future leadership and strategy, but the pre‑arranged nature tempers speculation.

02

Market read

Primary insider sell; modest short‑term trading relevance for IRM.

03

What to watch

Potential tax planning or diversification motives could mitigate negative interpretation.

Relevance 5/10Novelty 7/10Timing: filing disclosed on 2026‑09‑02 after market close

Background

Iron Mountain (IRM) is a data‑center and REIT company; insider transactions are disclosed via Form 4.

Company-level read

Ticker impact

$IRMBearishMedium confidence
Context

CEO William L. Meaney sold 38,474 shares for $4.4M via a 10b5‑1 plan, reducing his stake to zero.

Expected impact

Possible near‑term dip of 2‑4% as market digests the sell‑off.

Evidence & confidence

Insider sales by a CEO are uncommon and sizable; however, the sale was pre‑arranged, limiting immediate speculation.

Market effects

Minimal impact on REIT sector; may prompt peers to monitor insider activity.

U.S. market only; no broader regional effect.

Low global relevance.

Counterpoint

The sale was pre‑arranged under a 10b5‑1 plan, suggesting no new negative information about the business.

Key entities

  • Iron Mountain Inc.

    U.S. REIT specializing in data storage and information management.

  • William L. Meaney

    President and CEO of Iron Mountain.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$IRMHighAI 8/10

Iron Mountain Inc (IRM) (Q3 2026) Earnings Call Highlights: Record Revenue, Raised Guidance

Iron Mountain Inc (IRM) reported Q3 2026 revenue growth of 13%, adjusted EBITDA up 13%, and AFFO up 17%, exceeding expectations. The data center business grew 34%, with record leasing and increased backlog. The company raised full-year guidance, targeting $7.95-$8.02B in revenue and $5.94-$6.00 in AFFO per share. IRM also increased its quarterly dividend by 15%. Challenges include FX headwinds and regulatory risks in certain states.

$IRMHighAI 8/10

Iron Mountain (IRM) Q3 2026 Earnings Call Transcript

Iron Mountain (IRM) reported Q3 2026 earnings with revenue of $1.99B, up 13% YoY. Adjusted EBITDA margin expanded to 37.6%, and AFFO per share reached $1.53. The company raised its full-year outlook, citing growth in data center, digital solutions, and ALM businesses. IRM won significant contracts, including a $25M federal records deal and a 10-year Fortune 100 contract. The board approved a 15% dividend increase. IRM expects growth businesses to contribute over 1/3 of total revenue in 2026.

$IRMMedAI 8/10

Iron Mountain Incorporated Q3 2026 Earnings Call Summary

Iron Mountain Incorporated reported Q3 2026 earnings, with growth driven by Data Center, ALM, and Digital segments. Revenue backlog reached $575M, and adjusted EBITDA margin was 37.6%. The company raised full-year 2026 guidance to $7.95B-$8.02B. The board approved a 15% dividend increase to $0.993 per share. Management plans to realign segment reporting by February 2027.