Clean Harbors Officer Files Intent to Sell $145K in Stock
CLEAN HARBORS INC
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Filing Summary
Clean Harbors Officer Files Intent to Sell $145K in Stock
Company: CLEAN HARBORS INC (CLH) Form: 144 | Filed: 2025-12-16 Significance: Low
Insider: GERSTENBERG ERIC W Title: Officer | Relationship: Officer
Transaction (Proposed Sale): • Type: Sale • Shares: 601 • Value: $145,000 • Price/Share: ~$241.26
Key Insight: An officer filed a notice of intent to sell a small amount of stock. The transaction is valued at $145,000, representing a negligible fraction (0.0013%) of the company's $11 billion market cap.
Market Context: This is a routine filing with minimal market impact expected due to its small size. Form 144 is required for the proposed sale of restricted securities.
Comprehensive Analysis
SEC Filing Analysis: CLEAN HARBORS INC (CLH)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An officer of Clean Harbors has filed a notice of intent to sell 601 shares of common stock, a transaction with a total value of $145,000. Given the company's $11 billion market capitalization, this sale is considered immaterial.
- Market Impact: The transaction is too small to have any meaningful impact on the stock's price or trading volume.
Company Information
| Field | Value |
|---|---|
| Company | CLEAN HARBORS INC |
| Ticker Symbol | CLH |
| CIK | 0000822818 |
| Industry | Hazardous Waste Management |
Insider Information
| Field | Value |
|---|---|
| Name | GERSTENBERG ERIC W |
| CIK | 0001211558 |
| Title/Position | Officer |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 144 |
| Transaction Date | 2025-12-15 |
| Transaction Code | null |
| Security Type | Common Stock |
| Shares Involved | 601 |
| Price Per Share | $241.26 |
| Total Value | $145,000 |
| Shares Owned After | Not Available |
| Ownership Type | Not Available |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $145,000 |
| % of Market Cap | 0.0013% |
| Shares Transacted | 601 |
| % of Shares Outstanding | 0.0011% |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: For a large-cap company with an $11 billion market capitalization, a $145,000 transaction is considered routine and financially insignificant.
- Transaction Significance: The sale represents a negligible percentage of both the company's market capitalization and its total shares outstanding, indicating it is likely not a signal of a change in the insider's outlook on the company but rather for personal financial management.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The size of the proposed sale is de minimis relative to the company's public float and daily trading volume. It is highly unlikely to influence investor sentiment or the stock price.
Volume & Sentiment
- Expected Volume Impact: Negligible. The transaction size is too small to affect trading volume.
- Sentiment Indicator: Neutral. This filing does not provide a bullish or bearish signal.
Additional Context
Transaction Notes
- This Form 144 filing serves as a notice of proposed sale of securities. It indicates the insider's intent to sell the shares in the open market on or after the approximate sale date.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.