Form 4: Clean Harbors Co-CEO Sells 6,051 Shares

Sentiment:

SEC Form 4 Filing


Clean Harbors Co-CEO Eric W. Gerstenberg sold 6,051 shares of common stock at a price of $250.42 per share on November 15, 2024.

Summary

  • Eric W. Gerstenberg, Co-CEO of Clean Harbors Inc., sold 6,051 shares of the company's common stock on November 15, 2024.
  • The sale was executed at a price of $250.42 per share.
  • Following the transaction, Gerstenberg directly owns 55,657 shares of Clean Harbors common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by an executive, which is a routine event. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
  • The sale by the Co-CEO is not unusual, as executives often sell shares for personal financial management.
  • The transaction is similar to other insider sales reported by executives in comparable companies.

Stakeholder Impact

  • The sale may have a minor impact on shareholder sentiment, but it is a routine transaction.
  • The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/15/2024Date of the stock sale transaction.
11/18/2024Date of signature on the Form 4 filing.

Keywords

Clean Harbors, stock sale, insider trading, Form 4, Eric W. Gerstenberg, CLH, executive transaction

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