Clean Harbors (NYSE: CLH) trust sells 100K shares and donates 10K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clean Harbors Inc. executive chair and CTO Alan S. McKim reported indirect transactions in company common stock through related trusts. The McKim 2007 Trust, an entity associated with him, executed an open-market sale of 100,000 shares at $281.14 per share and a separate 10,000-share bona fide charitable gift.
After these transactions, the McKim 2007 Trust held 2,265,368 shares, while the McKim 2025 Annuity Trust held 67,093 shares and McKim held 34,027 shares directly. The filing reflects both a significant indirect sale and a charitable transfer rather than a purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 100,000 shares ($28,114,000)
Net Sell
4 txns
Insider
MCKIM ALAN S
Role
EXEC CHAIR, CTO.
Sold
100,000 shs ($28.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 100,000 | $281.14 | $28.11M |
| Gift | Common Stock | 10,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,275,368 shares (Indirect, McKim 2007 Trust);
Common Stock — 34,027 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did Clean Harbors (CLH) report in this Form 4?
Clean Harbors reported that the McKim 2007 Trust, associated with executive chair Alan S. McKim, sold 100,000 common shares and made a 10,000-share charitable gift. These were indirect transactions in Clean Harbors stock, not open-market purchases by McKim personally.
Was there a charitable donation of Clean Harbors (CLH) stock in this filing?
Yes. The Form 4 shows a 10,000-share bona fide charitable gift of Clean Harbors common stock from the McKim 2007 Trust. The transaction carried a reported price of $0.00 per share and was identified explicitly as a charitable gift in the footnote.
What are Alan S. McKim’s reported Clean Harbors (CLH) holdings after the transactions?
After the reported transactions, the McKim 2007 Trust held 2,265,368 Clean Harbors shares, the McKim 2025 Annuity Trust held 67,093 shares, and Alan S. McKim held 34,027 shares directly. These figures reflect post-transaction ownership positions as disclosed.