Clean Harbors exec has 311 shares withheld for taxes
Clean Harbors Inc executive Rebecca Underwood reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Clean Harbors Inc executive Rebecca Underwood reported a routine tax-related share disposition. She had 311 shares of Common Stock withheld at $290.74 per share to cover tax liabilities tied to vesting, as permitted under Rule 16b-3. After this withholding, she directly holds 18,373 shares of Clean Harbors common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 311 | $290.74 | $90K |
Footnotes (1)
- F1. Payment of tax liability by withholding of securities incident to vesting of securities in accordance with Rule 16b3
Key Figures
Key Terms
tax-withholding disposition financial
Rule 16b3 regulatory
Common Stock financial
FAQ
What insider transaction did Clean Harbors (CLH) report for Rebecca Underwood?
Clean Harbors reported that executive Rebecca Underwood had 311 shares of Common Stock withheld. The shares, valued at $290.74 each, were used to pay tax liabilities arising from vesting, leaving her with 18,373 shares directly owned.
Was the Clean Harbors (CLH) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 311 shares were withheld by the company to cover taxes on vesting, which is a routine administrative event for equity compensation.
How does Rule 16b-3 apply to the Clean Harbors (CLH) Form 4 transaction?
The footnote states the tax payment occurred by withholding shares incident to vesting under Rule 16b-3. That rule generally exempts certain insider transactions, like equity compensation and related tax withholding, from short-swing profit liability rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.