Form 4: Iron Mountain Executive Mithu Bhargava Reports Stock Sale
SEC Form 4 Filing
Mithu Bhargava, EVP, GM Digital Business Unit at Iron Mountain Incorporated, reported the sale of 8,263 shares of common stock at a price of $104.49 on December 23, 2024.
Summary
- On December 23, 2024, Mithu Bhargava, an executive at Iron Mountain Incorporated, sold 8,263 shares of the company's common stock.
- The sale price was $104.49 per share.
- Following the transaction, Bhargava directly owns 13,054 shares of Iron Mountain stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock sale by an executive, which is neutral in sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
Key Dates
| Date | Description |
|---|---|
| November 19, 2024 | Date of Power of Attorney granted to Keely Stewart, Christine Zhang, and Luke Cummiskey. |
| December 23, 2024 | Date of stock sale transaction. |
| December 26, 2024 | Date of signature for the Form 4 filing. |
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