The most likely explanation for the significant increase in iridium levels noted between sediment layers 5 and 6 is:
The impact of a space object led to the deposit of a layer of sediment high in iridium.
This conclusion is supported by the fact that iridium is a substance more commonly found in asteroids and space objects rather than on Earth. The spike in iridium levels suggests a singular event, likely an impact, that could have introduced a large amount of iridium into the Earth's sediment as a result of a space object collision.