Clean Harbors (CLH) executive reports tax withholding and stock forfeiture
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clean Harbors executive Rebecca Underwood, President & EVP Facilities, reported two non-market dispositions of common stock tied to equity compensation mechanics.
The filing shows 125 shares withheld to cover tax liabilities upon vesting of stock, and 1,401 restricted shares forfeited because the company did not meet performance targets under its long-term equity incentive program. After these entries, she directly holds 18,684 shares of Clean Harbors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Underwood Rebecca
Role
PRESIDENT & EVP FACILITIES
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 125 | $288.93 | $36K |
| Disposition | Common Stock | 1,401 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,085 shares (Direct)
Footnotes (1)
- Payment of tax liability by withholding of securities incident to vesting of securities in accordance with Rule 16b3. Shares of restricted stock forfeited due to the Company not achieving performance targets under its Long Term Equity Incentive Program.
FAQ
What insider transactions did Clean Harbors (CLH) report for Rebecca Underwood?
Clean Harbors reported two dispositions by executive Rebecca Underwood. 125 shares were withheld to pay taxes on vested stock, and 1,401 restricted shares were forfeited because performance targets under the company’s long-term equity incentive program were not achieved.
Were the recent Clean Harbors (CLH) insider transactions open-market sales?
The reported transactions were not open-market sales. They involved 125 shares withheld to satisfy tax liabilities on vesting and 1,401 restricted shares forfeited after performance goals were not met under the long-term equity incentive program.