Clean Harbors (CLH) EVP Weber reports 814-share tax withholding, holds 47,914 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CLEAN HARBORS INC executive Brian P. Weber reported a routine tax-related share disposition. On July 1, 2026, 814 shares of common stock were withheld at $290.74 per share to cover tax liabilities tied to vesting, as permitted under Rule 16b-3. Following this withholding, Weber directly holds 47,914 shares of common stock, so the withheld amount represents only a fraction of his overall position and does not reflect an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weber Brian P
Role
EVP (CHESI)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 814 | $290.74 | $237K |
Holdings After Transaction:
Common Stock — 47,914 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 814 shares
Withholding price per share: $290.74/share
Shares held after transaction: 47,914 shares
3 metrics
Shares withheld for taxes
814 shares
Tax-withholding disposition on July 1, 2026
Withholding price per share
$290.74/share
Price used for tax-withholding transaction
Shares held after transaction
47,914 shares
Direct holdings of Brian P. Weber after tax withholding
Key Terms
tax-withholding disposition, Rule 16b-3, vesting of securities, Common Stock
4 terms
tax-withholding disposition financial
"Payment of tax liability by withholding of securities incident to vesting of securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3 regulatory
"incident to vesting of securities in accordance with Rule 16b3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
vesting of securities financial
"withholding of securities incident to vesting of securities in accordance with Rule 16b3"
Common Stock financial
"security_title": "Common Stock""
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.
FAQ
What insider transaction did CLEAN HARBORS (CLH) report for Brian P. Weber?
Brian P. Weber had 814 CLEAN HARBORS shares withheld to satisfy tax obligations on vesting. The shares were not sold on the open market but retained by the company to cover his tax liability.
Was the CLEAN HARBORS (CLH) Form 4 transaction an open-market sale?
No, the Form 4 for CLEAN HARBORS shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to pay taxes triggered by the vesting of equity awards.
What does transaction code “F” mean on the CLEAN HARBORS (CLH) Form 4?
Transaction code “F” indicates a tax-withholding disposition, where shares are delivered to the issuer to pay taxes. In this case, CLEAN HARBORS withheld 814 shares from Brian P. Weber upon vesting of equity awards.
Why does the CLEAN HARBORS (CLH) Form 4 reference Rule 16b-3?
The Form 4 notes the tax payment occurred under Rule 16b-3, which governs certain insider transactions. This rule allows tax-withholding and similar transactions related to equity compensation without treating them as typical open-market trades.