Clean Harbors Co-CEO Sells Shares in Routine Transaction
Eric W. Gerstenberg, co-CEO of Clean Harbors (NYSE: CLH), sold 2,500 shares on August 14, 2026, for a total value of $803,350 at an average price of $321.34 per share. The transaction reduced his direct stake in the company from approximately 59,293 to 56,793 shares, representing about 4% of his holdings. Gerstenberg still holds a significant position valued at around $18.2 million as of August 14. The stock closed at $321.98 on the day of the transaction and rose slightly to $326.05 by August 17, indicating strong performance in recent weeks. Clean Harbors has delivered a total return of approximately 30% over the past year as of the sale date. Analysts suggest that this is likely a routine move rather than an indication of concern about company prospects. Gerstenberg's continued large stake aligns his interests with shareholders, and the stock’s strong performance suggests he may have been selling into strength.
Tickers: $CLH
Topics: executive activity SEC filing stock sale