Form 4: Clean Harbors Exec Sells Shares to Cover Taxes
Statement of Changes in Beneficial Ownership
Clean Harbors Co-CEO Eric W. Gerstenberg reported a transaction involving the sale of company stock to cover tax liabilities.
Summary
- Eric W. Gerstenberg, Co-CEO of Clean Harbors Inc., engaged in a transaction on July 1, 2026.
- The transaction involved the disposal of 564 shares of common stock.
- This disposal was a result of withholding securities to cover tax liabilities incident to vesting, as per Rule 16b-3.
- Following this transaction, Gerstenberg beneficially owns 38,313 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard insider transaction for tax purposes rather than a strategic decision impacting the company's outlook.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions, often related to tax obligations or pre-planned trading strategies, and do not inherently signal a change in company fundamentals.
Stakeholder Impact
- Shareholders: The transaction is a standard tax-related disposal by an insider and is not expected to have a significant impact on the share price or company operations.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Earliest transaction date and transaction date for disposal of common stock. |
| 07/06/2026 | Date of signature for the filing. |
Keywords
Clean Harbors, CLH, Form 4, Insider Transaction, Stock Sale, Tax Liability, Beneficial Ownership
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