Form 4: Clean Harbors Executive Chairman Alan McKim Reports Stock Disposals and Trust Transfers

Alan McKim, Executive Chairman and CTO of Clean Harbors, reports the disposal of common stock and transfers to annuity trusts.

Summary

• Alan McKim, the Executive Chairman and CTO of Clean Harbors, filed a Form 4 detailing changes in beneficial ownership.
• On March 3, 2025, McKim disposed of 50,000 shares of common stock at $210.18 per share and 2,999 shares at $212.02 per share.
• McKim also gifted 28,073 shares.
• Following these transactions, McKim directly owns 36,634 shares and indirectly owns 2,422,011 shares through the McKim 2007 Trust, 57,415 through the McKim 2024 Annuity Trust, and 100,000 through the McKim 2025 Annuity Trust.
• The filing indicates that some transactions were transfers to McKim's annuity trusts.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Stakeholder Impact

• The stock disposal by a key executive could be perceived negatively by some shareholders, potentially leading to short-term price fluctuations.
• The transfers to annuity trusts may have implications for the executive's long-term financial planning.

Key Dates