Form 4: Clean Harbors Director Edward G. Galante Acquires 836 Shares of Common Stock

Director Edward G. Galante acquired 836 shares of Clean Harbors Inc. common stock on May 22, 2024, as part of a restricted stock award.

Summary

• On May 22, 2024, Edward G. Galante, a director of Clean Harbors Inc., acquired 836 shares of common stock.
• The acquisition was part of a restricted stock award.
• The shares were acquired at a price of $0.
• Following the transaction, Galante directly owns 24,020 shares of Clean Harbors Inc. common stock.
• The restricted stock vests 100% on the date of the next annual meeting of shareholders.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction (stock award) for a director. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The restricted stock vests 100% upon the date of the next annual meeting of shareholders, indicating a future event tied to the shares.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director may have a minor positive impact on shareholder sentiment.

Next Steps

• The restricted stock will vest on the date of the next annual meeting of shareholders.

Key Dates