Form 4: Clean Harbors' Co-CEO Eric Gerstenberg Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Eric Gerstenberg, Co-CEO of Clean Harbors, reports a transaction involving the withholding of common stock to cover tax liabilities.
Summary
- On July 1, 2024, Eric Gerstenberg, Co-CEO of Clean Harbors Inc., had 4,329 shares of common stock withheld to cover tax liabilities.
- The transaction was executed at a price of $220.63 per share.
- Following the transaction, Gerstenberg beneficially owns 62,514 shares of Clean Harbors common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to tax obligations, which is neutral to slightly positive as it indicates the executive's vested equity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax liability payment via stock withholding, a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving the withholding of common stock. |
| 07/03/2024 | Date of signature for the Form 4 filing. |
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