4/A: Clean Harbors Executive Vice President Reports Changes in Beneficial Ownership

George L. Curtis, Executive Vice President of Clean Harbors, reports changes in beneficial ownership due to tax withholding and forfeiture of restricted stock.

Summary

• On March 17, 2025, George L. Curtis, Executive Vice President of Clean Harbors, had changes in his beneficial ownership of Clean Harbors common stock.
• 351 shares were withheld to cover tax liabilities related to the vesting of securities at a price of $192.9 per share.
• 2,252 shares of restricted stock were forfeited due to the company's failure to achieve goals under its Long Term Equity Incentive Program.
• Following these transactions, Curtis directly owns 47,052 shares of Clean Harbors common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing changes in beneficial ownership. The forfeiture of shares is a slightly negative signal, but overall the document is neutral.

Negatives

• 2,252 shares of restricted stock were forfeited, indicating the company did not meet certain goals under its Long Term Equity Incentive Program.

Risks

• Failure to meet performance goals under the Long Term Equity Incentive Program could impact employee morale and retention.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading and provide investors with information about the buying and selling activities of company insiders.

Stakeholder Impact

• Shareholders may be interested in the company's performance relative to its Long Term Equity Incentive Program goals, as the forfeiture of shares suggests underperformance in some areas.
• Employees participating in the Long Term Equity Incentive Program may be concerned about the program's effectiveness and the likelihood of achieving future goals.

Key Dates

Keywords

beneficial ownership, Form 4, Clean Harbors, stock forfeiture, tax withholding, securities, executive compensation