Form 4: Clean Harbors Director Sells Shares Under 10b5-1 Plan

Lauren States, a director at Clean Harbors Inc., sold 308 shares of common stock on January 15, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Lauren States, a director at Clean Harbors Inc., executed a sale of 308 common stock shares on January 15, 2025.
• The sale was conducted at a price of $239.04 per share.
• This transaction was made under a pre-arranged trading plan that satisfies the affirmative defense conditions of Rule 10b5-1(c).
• Following the transaction, Ms. States directly owns 12,226 shares of Clean Harbors common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing for an insider stock sale, which is neither positive nor negative in itself. The sale was conducted under a pre-arranged plan, indicating no unexpected activity.

Industry Context

This is a routine filing for insider transactions and is common practice for corporate directors and officers. It does not indicate any specific trend in the waste management industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, and this transaction is consistent with typical insider trading activity.
• Many directors and officers use 10b5-1 plans to manage their stock sales, which is a common practice across various industries.

Stakeholder Impact

• The stock sale by a director may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the company's overall performance or valuation.

Key Dates

Keywords

Clean Harbors, insider trading, Form 4, stock sale, 10b5-1 plan, director, equity securities