Form 4: Clean Harbors Executive Robert Speights Forfeits Shares Upon Departure
SEC Form 4 Filing
Robert Speights, President of Industrial Services at Clean Harbors, forfeited 16,612 shares of common stock due to cessation of employment on May 2, 2025.
Summary
- Robert Speights, President of Industrial Services at Clean Harbors, reported a change in beneficial ownership on May 2, 2025.
- The transaction involved the forfeiture of 16,612 shares of Clean Harbors common stock.
- This forfeiture occurred due to Speights' cessation of employment with the company.
- Following the transaction, Speights directly owns 17,332 shares of Clean Harbors common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a standard regulatory filing related to an executive's departure and stock forfeiture.
Negatives
- Robert Speights forfeited 16,612 shares of Clean Harbors stock.
Industry Context
Executive departures and associated stock forfeitures are a common occurrence in publicly traded companies. This filing is a routine disclosure required by the SEC.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| President, Industrial Services | Robert Speights | 05/02/2025 | Cessation of employment |
Stakeholder Impact
- The departure of a key executive could potentially impact investor confidence in the short term.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of earliest transaction (stock forfeiture) and cessation of employment. |
Keywords
Form 4, Beneficial Ownership, Clean Harbors, CLH, Robert Speights, Stock Forfeiture, Insider Transaction
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