$CLH

Insider Dumps 1,000 Shares After Industrial Stock Surges by 49% in Last Year

Clean Harbors (CLH) CO-CEO Eric W. Gerstenberg sold 1,000 shares for $293,000 on March 18, 2026, reducing his holdings by 2%. The company's stock has surged 49% in the last year, with a market cap of $16.9B and TTM revenue of $6.2B. CLH operates in environmental and industrial services, benefiting from data center growth.

Original reporting
Published Aug 20, 2026, 1:00 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 20, 2026, 1:11 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
Insider Dumps 1,000 Shares After Industrial Stock Surges by 49% in Last Year — source image
Decision brief

The 30-second read

$CLHBearishLow
01

Why it matters

The insider sale is a routine disclosure with limited material impact; investors should monitor for larger insider activity or earnings updates.

02

Market read

Provides a fresh Form 4 filing; modest relevance for short‑term traders watching insider activity.

03

What to watch

Company recently reported expanding margins and data‑center demand, which could offset sell pressure.

Relevance 4/10Novelty 4/10Timing: post‑transaction March 18, 2026

Background

Clean Harbors (CLH) is a $16.9 B industrial waste‑management firm with recent margin expansion and exposure to data‑center growth.

Company-level read

Ticker impact

$CLHBearishMedium confidence
Context

SEC Form 4 disclosed insider co-CEO sold 1,000 shares (~$293k) on March 18, 2026, reducing his stake by 2%.

Expected impact

Potential short-term dip of 1-2% as market digests insider sell.

Evidence & confidence

Sale size is small relative to market cap; insider still holds large position, so impact likely limited.

Market effects

Minimal effect on waste‑management sector; insider activity not sector‑wide.

No notable regional impact.

Limited relevance; only affects CLH investors.

Counterpoint

Insider may be reallocating capital; sale does not imply lack of confidence.

Key entities

  • Eric W. Gerstenberg

    Co‑CEO of Clean Harbors who sold 1,000 shares.

Related articles

$CLHMed

Clean Harbors Snags EnviroServe In $470M Cash Deal

Clean Harbors Inc. announced plans to acquire EnviroServe in a $470 million all-cash deal, according to the company. The target is an environmental and waste management services provider advised by Latham & Watkins LLP. The announcement highlights a corporate acquisition that may affect Clean Harbors’ balance sheet and future earnings outlook.

$CLHHighAI 9/10

Clean Harbors to acquire EnviroServe for $470M, expects $25M synergies and ~9x post-synergy EBITDA

Clean Harbors (CLH) agreed to acquire EnviroServe for $470M in cash, with closing expected in H2 2026 subject to approvals. EnviroServe has about $250M revenue and ~$27M adjusted EBITDA, with ~85% recurring revenue. Clean Harbors expects ~$25M cost synergies over two years, implying ~9x post-synergy adjusted EBITDA, and anticipates accretion. Funding will use cash and additional debt.

$CLHHighAI 9/10

Clean Harbors buys EnviroServe for $470M to widen US waste network

Clean Harbors agreed to buy EnviroServe for $470M in cash from an affiliate of One Rock Capital Partners. The deal should close in 2H 2026, pending regulatory approval. EnviroServe has ~2,500 customers, 40 locations, permits in 48 states, and is expected to earn about $27M adjusted EBITDA on ~$250M revenue. Clean Harbors expects $25M cost synergies over two years.

$CLHMedAI 8/10

Clean Harbors To Buy EnviroServe For $470 Mln In Cash

Clean Harbors (CLH) said it will buy EnviroServe, a national environmental and waste services provider, from an affiliate of One Rock Capital Partners for $470 million in cash. The company expects about $25 million in cost synergies over two years and funding via cash plus additional debt. Closing is expected in 2H 2026. CLH was down 1.26% premarket at $307.53.

$CLHMedAI 8/10

One Rock to Sell EnviroServe to Clean Harbors for $470 Million

One Rock Capital Partners agreed to sell EnviroServe to Clean Harbors (NYSE: CLH) for $470 million. The deal is expected to close in the second half of 2026, pending regulatory approval. Clean Harbors plans to integrate EnviroServe’s remediation, industrial cleaning, rail and waste processing footprint. EnviroServe serves about 2,400 customers across the U.S.