Eric J. Dugas Sells 2,788 Shares of CLEAN HARBORS INC

Eric J. Dugas, EVP Chief Financial Officer of CLEAN HARBORS INC, sold 2,788 shares of the company at $281.31 per share, totaling $784,292, as indicated in the SEC Form 4 filing.

Who is Eric J. Dugas and What is His Real Role at CLEAN HARBORS INC

Eric J. Dugas holds the position of EVP Chief Financial Officer at CLEAN HARBORS INC. As a financial leader, he is responsible for the company's financial management, including financial planning, risk management, and compliance with financial regulations. This role provides him with access to material information about the company's financial health and prospects.

As part of the senior leadership team at CLEAN HARBORS INC, Eric J. Dugas participates in the company's strategic decisions and stays informed about key developments that could impact the company's financial performance. His role involves close collaboration with other executives and external stakeholders, giving him a comprehensive view of the business.

The position of Eric J. Dugas also entails the responsibility of communicating the company's financial results and outlook to investors and analysts. This requires presenting precise and transparent financial information, as well as providing insights into sector trends and challenges.

Transaction Details: 2,788 Shares at $281.31 Each

The transaction involves the sale of 2,788 shares of CLEAN HARBORS INC at a price of $281.31 per share. It is important to note that the per-share price and the total transaction value are two distinct figures. In this case, the per-share price is $281.31, while the total transaction value amounts to $784,292.

The date of the transaction is August 14, 2026, and it was reported to the SEC within 2 business days following the transaction, in compliance with regulatory requirements. This filing is mandatory for executives and board members of publicly traded companies to ensure market transparency and investor confidence.

Why Insiders Sell Their Shares — Possible Reasons

There are several reasons why insiders, such as executives and board members, may choose to sell their shares. One of the most common reasons is portfolio diversification. Insiders often have a significant portion of their wealth tied up in company stock, and selling a portion of these shares can help reduce risk exposure and allow investment in other assets.

Another possible reason is tax planning. Insiders may need to generate liquidity to meet tax obligations or take advantage of certain tax strategies. Selling shares can enable them to realize capital gains or generate liquidity for other purposes.

It is also possible that insiders sell their shares due to concerns about the company's future performance. If they have reservations about the company's ability to sustain growth or manage sector challenges, they may decide to reduce their exposure by selling a portion of their shares.

How Individual Investors Can Monitor Form 4 Filings

Individual investors can monitor Form 4 filings submitted by executives and board members of publicly traded companies on the SEC's EDGAR website. This site allows users to search for specific filings and download them for review.