Form 4: Iron Mountain Director Robin Matlock Reports Changes in Beneficial Ownership

Director Robin Matlock reports transactions related to Iron Mountain stock, including phantom stock acquisitions and common stock sales.

Summary

• Robin Matlock, a director at Iron Mountain Incorporated, filed a Form 4 detailing changes in beneficial ownership.
• The report includes transactions related to phantom stock acquired through the Iron Mountain Incorporated Directors Deferred Compensation Plan.
• These phantom shares will become payable in Iron Mountain common stock upon disability or cessation of service as a director.
• Each phantom share is economically equivalent to one share of common stock.
• The report also details the sale of Iron Mountain common stock in multiple transactions at prices ranging from $118.729 to $119.114.
• Matlock has granted power of attorney to Deborah Marson, Keely Stewart, and Luke Cummiskey for Section 16 filings.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The phantom shares will become payable in shares of Iron Mountain common stock following the Reporting Person's disability or cessation of service as a director.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for directors of publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership.
• The transactions do not appear to have any impact on employees, customers, suppliers, or creditors.

Key Dates