Form 4: Clean Harbors' Co-CEO Eric Gerstenberg Reports Stock Transaction
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 March 15, 2024, Eric Gerstenberg, Co-CEO of Clean Harbors Inc., engaged in a transaction involving common stock.
- Specifically, 531 shares of common stock were withheld to cover tax liabilities associated with the vesting of securities.
- The price per share for this transaction was $187.84.
- Following the transaction, Gerstenberg directly owns 66,843 shares of Clean Harbors Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction (tax withholding). It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax withholding procedure related to vested equity.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction (tax liability withholding) |
| 03/19/2024 | Date of signature for the Form 4 filing |
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