Clean Harbors Inc (NYSE:CLH) Executive Vice President Brian P. Weber reported a sale of 4,683 shares on March 17, 2026, disposing of stock at $293.39 per share for an aggregate value of $1.37 million, according to a Form 4 filing with the Securities and Exchange Commission.
The transaction occurred while the company's shares were trading near their 52-week high of $298.12, after the stock posted a 49% gain over the prior 12 months. The filing also shows additional activity earlier in March.
On March 13, 2026, Weber had 960 shares of common stock withheld to satisfy tax withholding obligations. Those shares were withheld at a price of $288.93 per share, producing proceeds of $277,372. The same filing reports that 1,869 shares of restricted stock were forfeited on March 13 due to the company not meeting certain performance targets.
After accounting for these disposals and forfeitures, Weber directly holds 48,728 shares of Clean Harbors. The company’s shares currently trade at a price-to-earnings ratio of 40.37. An InvestingPro analysis included in the filing material indicates the company may be overvalued at present levels, and readers are directed to a Pro Research Report on CLH among more than 1,400 available reports for additional analysis.
Clean Harbors’ recent operational and strategic updates were also noted in analysts’ commentary. The company reported strong fourth-quarter results for 2025, beating consensus expectations for both revenue and adjusted EBITDA. Management attributed the favorable quarter in part to sustained momentum in the Environmental Services segment, which produced the highest quarterly revenue growth for the year.
Following the quarterly results, several firms adjusted price targets and maintained constructive ratings. Needham raised its price target to $308 and kept a Buy rating. Oppenheimer lifted its price target to $300, citing favorable fiscal 2026 net income and free cash flow projections. TD Cowen moved its target to $320 and also maintained a Buy rating.
In parallel with the earnings report and analyst updates, Clean Harbors disclosed a strategic acquisition agreement to buy Depot Connect International’s Industrial Services and Rail Services business for approximately $130 million. The company expects the transaction to close in the first half of 2026. The deal is intended to expand Clean Harbors’ operational footprint across Ohio, Louisiana, and Texas.
Barclays analysts commented on sector dynamics, noting that waste management companies, including Clean Harbors, are positioned to manage elevated fuel costs related to the ongoing Iran war via established surcharge programs.
The SEC Form 4 filing and the company disclosures together document the executive share sale and related equity movements, while recent financial results, analyst adjustments, and the announced acquisition provide the market context in which those insider transactions occurred.