Form 4: Iron Mountain Director Robin Matlock Executes Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Robin Matlock of Iron Mountain Inc. engaged in stock transactions involving the settlement of phantom stock and the sale of common stock.

Summary

  • Robin Matlock, a director at Iron Mountain Inc., executed transactions involving the company's stock on January 2, 2025.
  • These transactions included the acquisition of 960.085 shares of common stock through the settlement of phantom stock.
  • Additionally, 960.085 shares of common stock were disposed of for a price of $104.74 per share.
  • Following these transactions, Ms. Matlock beneficially owns 24,342 shares of Iron Mountain common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing detailing stock transactions by a director, which is neither positive nor negative in itself.

Industry Context

This is a routine filing related to insider trading activity and is common for directors of publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and are required by the SEC.
  • The transactions are typical for directors who receive stock-based compensation and may periodically sell shares for personal financial management.

Stakeholder Impact

  • The transactions have a minimal impact on shareholders as they are routine insider transactions.

Key Dates

DateDescription
04/17/2023Date of Power of Attorney granted by Robin Matlock.
01/02/2025Date of stock transactions including phantom stock settlement and sale of common stock.
01/06/2025Date of signature on the Form 4 filing.

Keywords

Iron Mountain, stock transaction, Form 4, Robin Matlock, phantom stock, director, insider trading, securities

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