Form 4: Clean Harbors Executive Chairman Alan McKim Sells 50,000 Shares

Alan McKim, Executive Chairman and CTO of Clean Harbors, sold 50,000 shares of common stock on June 11, 2024, at a price of $215.51 per share.

Summary

• Alan McKim, the Executive Chairman and CTO of Clean Harbors, sold 50,000 shares of the company's common stock on June 11, 2024.
• The sale was executed at a price of $215.51 per share.
• Following the transaction, McKim directly owns 37,977 shares.
• McKim also indirectly owns shares through several trusts, including the McKim 2023 Annuity Trust (75,731 shares), the McKim 2024 Annuity Trust (88,641 shares), and the McKim 2007 Trust (2,494,211 shares).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• Shareholders may react to the stock sale, potentially influencing the stock price.

Key Dates