Wellington reports 9.7% stake in Clean Harbors
Wellington Management Group and related entities filed an amended Schedule 13G reporting beneficial ownership of 5,182,538 shares of Clean Harbors, Inc. common stock, representing 9.7% of the class as of the stated event date.
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Rhea-AI Filing Summary
Wellington Management Group and related entities filed an amended Schedule 13G reporting beneficial ownership of 5,182,538 shares of Clean Harbors, Inc. common stock, representing 9.7% of the class as of the stated event date.
The filing shows shared voting power over 4,325,963 shares and shared dispositive power over 5,182,538 shares for several Wellington entities, with no sole voting or dispositive power. The securities are held of record by investment-advisory clients, none of which individually holds more than five percent of the class.
Wellington certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Clean Harbors.
Insights
Wellington reports a sizable, passive 9.7% stake in Clean Harbors.
The filing shows Wellington entities collectively beneficially owning 5,182,538 Clean Harbors shares, or 9.7% of the common stock. Voting and dispositive powers are shared across Wellington affiliates, with no sole voting or dispositive authority disclosed.
The shares are owned of record by advisory clients of Wellington investment advisers, and no single client is identified as holding more than five percent. Wellington certifies that the position is held in the ordinary course of business and not to change or influence control, which characterizes this as a passive institutional ownership disclosure under Schedule 13G.
Future ownership changes by Wellington or its clients, if large enough to cross regulatory thresholds, would be expected to appear in subsequent beneficial ownership reports for periods including December 31, 2025 and beyond.
FAQ
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What percentage of Clean Harbors (CLH) does Wellington’s stake represent?
Is Wellington’s Clean Harbors (CLH) ownership considered passive or for control purposes?
Which Wellington entities are listed as reporting persons for Clean Harbors (CLH)?
AI-generated analysis. How Rhea-AI works. Not financial advice.