{
  "id": 1234604,
  "title": "Iron Mountain president & CEO William Meaney sells $4.68m in stock",
  "url": "https://urgent.news/2026/08/16/iron-mountain-president-ceo-william-meaney-sells-4-68m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T08:31:15.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/iron-mountain-president--ceo-william-meaney-sells-468m-in-stock-93CH-4861947"
  },
  "original_language": "en",
  "account": "Iron Mountain Inc.'s President and CEO, William L. Meaney, sold 38,474 shares of the company's common stock on August 7, 2026, for a total value of $4,680,954. This sale occurred following his acquisition of the same number of shares via the exercise of employee stock options. The transaction took place under a Rule 10b5-1 trading plan that Meaney implemented on March 14, 2025. As of late August 2026, Iron Mountain's stock price was near its 52-week high of $134.68, with the share price having risen by 58% year-to-date. However, the stock is currently considered overvalued by InvestingPro, placing it among companies on the list of those most overvalued. Meaney executed the sale in multiple transactions, selling 18,780 shares at an average price of $121.10, 16,785 shares at an average price of $122.11, and the remaining 2,909 shares at an average price of $122.75. These transactions were conducted at varying prices, with individual transaction prices ranging from $120.56 to $123.12. Upon executing these sales, Meaney held no shares of Iron Mountain directly. However, he indirectly owned a total of 295,640 shares through trusts and employee stock options. Despite this recent sale, Iron Mountain announced strong financial results for its second quarter of 2026, with revenue increasing by 19% to $2.03 billion. This surpasses Wall Street's forecast of $1.97 billion and highlights the company's robust growth in data centers, asset lifecycle management, and digital services.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Crocs CEO Andrew Rees sells over $4.1m in stock",
        "url": "https://urgent.news/2026/08/16/crocs-ceo-andrew-rees-sells-over-4-1m-in-stock",
        "published": "2026-08-16T04:01:15.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}