Form 4: Clean Harbors EVP Sells Shares to Cover Tax Obligations

Eric J. Dugas, EVP and CFO of Clean Harbors, sold 806 shares of common stock on June 1, 2024, to cover tax liabilities associated with vesting securities.

Summary

• On June 1, 2024, Eric J. Dugas, the EVP and Chief Financial Officer of Clean Harbors Inc., disposed of 806 shares of common stock.
• The transaction was executed to cover tax liabilities related to the vesting of securities.
• The shares were sold at a price of $216.59 per share.
• Following the transaction, Dugas directly owns 20,676 shares of Clean Harbors Inc.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO in this case, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects. However, sales to cover tax obligations are common and don't necessarily indicate a negative outlook.

Key Dates