Form 4: Clean Harbors Executive Chairman Alan McKim Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Alan McKim, Executive Chairman and CTO of Clean Harbors, reports a transaction involving the withholding of shares to cover tax liabilities.
Summary
- On July 1, 2024, Alan McKim, the Executive Chairman and CTO of Clean Harbors, engaged in a transaction involving common stock.
- The transaction involved the withholding of 1,343 shares to cover tax liabilities associated with the vesting of securities.
- The price per share for the transaction was $220.63.
- Following the transaction, McKim directly owns 36,634 shares of Clean Harbors common stock.
- McKim also indirectly owns 88,641 shares through the McKim 2024 Annuity Trust, 75,731 shares through the McKim 2023 Annuity Trust, and 2,494,211 shares through the McKim 2007 Trust.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax procedures. It doesn't indicate positive or negative sentiment towards the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax liability coverage event and doesn't necessarily reflect a change in the executive's overall confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction involving the withholding of shares for tax liabilities. |
| 07/03/2024 | Date of signature by C. Michael Malm, Attorney-in-Fact. |
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.