Form 4: Clean Harbors CO-CEO Michael Battles Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael Battles, CO-CEO of Clean Harbors Inc., disposed of 702 shares of common stock on March 15, 2024, to cover tax liabilities associated with vesting securities.
Summary
- On March 15, 2024, Michael Battles, the CO-CEO of Clean Harbors Inc. (CLH), reported a transaction involving the disposal of 702 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of securities.
- The shares were disposed of at a price of $187.84 per share.
- Following the transaction, Battles directly owns 89,624 shares of Clean Harbors Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
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 practice of covering tax obligations through stock disposal.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/19/2024 | Date of signature on the Form 4 filing |
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