Form 4: Clean Harbors Executive Chairman Alan McKim Reports Stock Transactions

Alan McKim, Executive Chairman and CTO of Clean Harbors, reports gifting and selling shares of common stock, as well as transactions involving trusts.

Summary

• Alan McKim, the Executive Chairman and CTO of Clean Harbors, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On February 26, 2024, McKim gifted 55,525 shares of common stock.
• On the same day, he sold 35,000 shares at a price of $184.06 per share.
• On February 27, 2024, McKim sold another 35,000 shares at $182.22 per share.
• Additional gifts of 20,000 and 10,000 shares were made to charity on February 26, 2024.
• The transactions also involve shares held in the McKim 2022 Annuity Trust, McKim 2023 Annuity Trust, and McKim 2007 Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may interpret the stock sales and gifts as part of the executive's personal financial planning.
• The transactions could have a minor impact on the stock's supply and demand dynamics.

Key Dates