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

Director Robin Matlock reports transactions involving Iron Mountain Incorporated's common stock and phantom stock, including dividend reinvestments and 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 and common stock.
• Matlock participated in the Iron Mountain Incorporated Directors Deferred Compensation Plan, where phantom stock is payable in common stock upon disability or cessation of service as a director.
• Dividends paid on common stock were reinvested in phantom shares.
• Shares of common stock were sold in multiple transactions at prices ranging from $79.989 to $80.149.
• The weighted average price for the sold shares was $80.08.
• As of April 4, 2024, Matlock beneficially owns 1,895.343 shares of Iron Mountain Incorporated common stock.
• Matlock has a Power of Attorney agreement in place with Deborah Marson, Keely Stewart, and Luke Cummiskey to handle Section 16 filings.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The document provides transparency into the transactions of a key insider, allowing investors to track changes in ownership.

Industry Context

Form 4 filings are a standard part of regulatory compliance for corporate insiders and provide insights into their investment activities.

Stakeholder Impact

• Shareholders can use this information to understand the investment behavior of a company director.

Key Dates