4/A: Clean Harbors EVP Eric J. Dugas Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4/A


Eric J. Dugas, EVP and CFO of Clean Harbors, reports changes in beneficial ownership due to tax liability withholding and forfeiture of restricted stock.

Summary

  • Eric J. Dugas, the EVP and CFO of Clean Harbors, filed a Form 4/A with the SEC.
  • The report details changes in his beneficial ownership of Clean Harbors common stock.
  • On March 17, 2025, 631 shares were withheld to cover tax liabilities related to vesting securities at a price of $192.9 per share.
  • Also on March 17, 2025, 2,900 shares of restricted stock were forfeited due to the company's failure to meet goals under its Long Term Equity Incentive Program.
  • Following these transactions, Dugas directly owns 20,707 shares of Clean Harbors common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing. The forfeiture of shares is a slightly negative signal, but overall the document is neutral.

Negatives

  • 2,900 shares of restricted stock were forfeited, indicating the company did not meet certain performance goals under the Long Term Equity Incentive Program.

Risks

  • The forfeiture of restricted stock may reflect negatively on the company's performance against its internal targets.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at Clean Harbors.

Stakeholder Impact

  • Shareholders may be interested in the details of executive compensation and stock ownership.
  • Employees may be concerned about the company's performance against its Long Term Equity Incentive Program goals.

Key Dates

DateDescription
03/17/2025Tax liability payment by withholding 631 shares and forfeiture of 2,900 restricted shares.
03/18/2025Original filing date of the form that this document amends.
04/02/2025Date of signature for the amended report.

Keywords

Clean Harbors, Eric J. Dugas, beneficial ownership, Form 4, SEC, stock forfeiture, tax withholding, Long Term Equity Incentive Program

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