4/A: Clean Harbors Director Amends SEC Filing to Correct 10b5-1 Plan Indication

Lauren States, a director at Clean Harbors, filed an amendment to a Form 4 to indicate that a transaction was made pursuant to a Rule 10b5-1 trading plan.

Summary

• Lauren States, a director of Clean Harbors Inc. (CLH), filed an amended Form 4 with the SEC.
• The amendment, dated September 19, 2024, corrects a clerical error in the original filing from September 17, 2024.
• The error involved failing to check the box indicating that a transaction was made pursuant to a Rule 10b5-1 trading plan.
• The original transaction occurred on September 16, 2024, involving the disposal of 309 shares of Common Stock at a price of $244.09 per share.
• Following the transaction, States beneficially owns 13,458 shares of Clean Harbors Inc.
• All other information in the original filing remains unchanged.

Sentiment

Score: 7

Explanation: The sentiment is neutral. It's a routine amendment to correct a clerical error in a regulatory filing. The underlying transaction was already disclosed.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market. The amendment highlights the importance of accurate reporting, especially concerning Rule 10b5-1 trading plans, which allow insiders to trade company stock according to a pre-arranged schedule to avoid accusations of insider trading.

Stakeholder Impact

• The amendment ensures accurate information is available to shareholders regarding insider trading activity.

Key Dates