Form 4: Clean Harbors Executive Rebecca Underwood Reports Stock Transaction

Clean Harbors executive Rebecca Underwood sold 88 shares of common stock to cover tax obligations related to vesting.

Summary

• Rebecca Underwood, a President & EVP at Clean Harbors, reported a transaction involving the company's common stock.
• On December 15, 2024, Ms. Underwood disposed of 88 shares of common stock.
• The shares were sold at a price of $244.28 per share.
• This transaction was to cover tax liabilities associated with the vesting of securities.
• Following the transaction, Ms. Underwood directly owns 15,411 shares of Clean Harbors common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine transaction for an executive to cover tax obligations related to vesting of shares. It is common for executives to sell shares to cover these obligations.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies, and this transaction is consistent with typical executive stock transactions.
• Many executives at comparable companies such as Waste Management and Republic Services also regularly file Form 4s for similar transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.

Key Dates

Keywords

Clean Harbors, stock transaction, insider trading, Form 4, executive, share disposal, tax liability, vesting