Form 4: Clean Harbors Director Andrea Robertson Gifts Shares
Statement of Changes in Beneficial Ownership
Clean Harbors Inc. Director Andrea Robertson reported a charitable gift of 342 common shares on May 11, 2026.
Summary
- Andrea Robertson, a Director at Clean Harbors Inc. (CLH), has reported a transaction involving her beneficial ownership of company stock.
- On May 11, 2026, Ms. Robertson made a charitable gift of 342 shares of common stock.
- This transaction was executed under a Rule 10b5-1(c) plan, indicating it was made pursuant to a pre-arranged contract for the purchase or sale of equity securities.
- Following this gift, Ms. Robertson directly beneficially owns 9,116 shares of Clean Harbors common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine charitable transaction by a director rather than a significant financial event.
Positives
- The transaction indicates a commitment to charitable giving by a company director.
- The gift was made under a Rule 10b5-1(c) plan, suggesting a structured and pre-planned approach to managing equity holdings, which can be viewed positively for corporate governance.
- Ms. Robertson continues to hold a significant number of shares (9,116) directly, indicating continued investment in the company.
Negatives
- A reduction in the number of directly held shares, albeit for charitable purposes.
Risks
- No specific risks are detailed in this filing, as it pertains to a director's stock transaction.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While this specific filing details a charitable gift, it's part of the broader regulatory framework ensuring transparency in executive and director stock dealings within the environmental services industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Rule 10b5-1(c) Plan Transaction | Transaction made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). | 05/11/2026 | Demonstrates adherence to pre-established trading plans, enhancing transparency and potentially mitigating concerns about insider trading. |
Stakeholder Impact
- Shareholders: The direct beneficial ownership of shares by the director has slightly decreased, but the overall impact is minimal given the charitable nature of the transaction and the continued substantial holding.
Next Steps
- No specific next steps are mentioned in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/11/2026 | Date of transaction (charitable gift of common stock). |
| 05/12/2026 | Date of signature on the filing. |
Keywords
Clean Harbors, CLH, Form 4, Insider Trading, Beneficial Ownership, Charitable Gift, Director Transaction, Rule 10b5-1(c)
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.