Clean Harbors (CLH) Co-CEO withholds 564 shares to cover tax liability
Rhea-AI Filing Summary
CLEAN HARBORS INC executive Eric W. Gerstenberg, Co-CEO, reported a disposition of 564 shares of common stock on 2026-07-01 coded as a payment of tax liability by withholding securities. The shares were valued at $290.74 per share, and his directly held stake after this event is 59,293 shares. A footnote clarifies the transaction represents tax withholding upon vesting under Rule 16b-3, and another footnote corrects the reported total number of shares held.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 564 shares
Net Sell
1 txn
Insider
GERSTENBERG ERIC W
Role
CO-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 564 | $290.74 | $164K |
Holdings After Transaction:
Common Stock — 59,293 shares (Direct)
Footnotes (2)
- F1. Payment of tax liability by withholding of securities incident to vesting of securities in accordance with Rule 16b3.
- F2. Correction to Total Number of Shares Held.
Key Figures
Shares withheld for taxes: 564 shares
Per-share value: $290.74 per share
Shares held after transaction: 59,293 shares
+2 more
5 metrics
Shares withheld for taxes
564 shares
Common stock disposed of on 2026-07-01 as tax-withholding incident to vesting
Per-share value
$290.74 per share
Value applied to the 564 shares used to pay tax liability
Shares held after transaction
59,293 shares
Directly owned CLEAN HARBORS INC common stock following the 2026-07-01 disposition
Transaction date
2026-07-01
Date of tax-withholding disposition of common stock
Code F shares
564 shares
Shares reported under transaction code F for payment of tax liability
Key Terms
Rule 16b3, Payment of tax liability by withholding of securities, Common Stock, transaction code F
4 terms
Rule 16b3 regulatory
"withholding of securities incident to vesting of securities in accordance with Rule 16b3"
Payment of tax liability by withholding of securities financial
"Payment of tax liability by withholding of securities incident to vesting"
Common Stock financial
"security_title: Common Stock, transaction of 564.0000 shares"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code F financial
"transaction_code: F, Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did CLEAN HARBORS INC (CLH) report for Eric W. Gerstenberg?
Eric W. Gerstenberg reported a disposition of 564 shares of CLEAN HARBORS INC common stock on 2026-07-01. The filing describes it as tax-related withholding of shares upon vesting, not an open-market sale.
Was Eric Gerstenberg’s CLH transaction an open-market sale?
No. The transaction is coded F and footnoted as payment of tax liability by withholding of securities upon vesting under Rule 16b-3, indicating tax withholding rather than a discretionary open-market sale.
What does the Rule 16b-3 reference mean in the CLH Form 4/A?
The filing notes payment of tax liability by withholding shares incident to vesting in accordance with Rule 16b-3. This indicates the transaction relates to equity compensation vesting, not a voluntary trade in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.