Form 4: Clean Harbors Director Lauren States Reports Restricted Stock Award and Share Sale

Clean Harbors Director Lauren States reported the acquisition of 789 shares of common stock as a restricted stock award and the sale of 836 shares of common stock.

Summary

• Lauren States, a Director of Clean Harbors Inc. (CLH), reported two transactions involving the company's common stock.
• On May 21, 2025, Ms. States acquired 789 shares of Common Stock through a restricted stock award. This award was granted at a price of $0 per share and is set to vest 100% upon the date of the next annual meeting of shareholders.
• On May 22, 2025, Ms. States disposed of (sold) 836 shares of Common Stock at a price of $226.17 per share.
• Following these reported transactions, Lauren States beneficially owns a total of 11,871 shares of Clean Harbors Common Stock.

Sentiment

Score: 5

Explanation: Neutral. The document reports routine insider transactions, including both an award and a sale, which is common for directors. No significant positive or negative implications are immediately apparent from these transactions alone.

Positives

• Acquisition of 789 shares of common stock via a restricted stock award, which aligns the director's long-term interests with those of shareholders.

Negatives

• Sale of 836 shares of common stock by a director, which could be viewed by some investors as a reduction in insider ownership, although the amount is relatively small compared to total holdings.

Future Outlook

This Form 4 filing primarily reports historical insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This document is an insider transaction report (Form 4) and does not provide information related to broader industry trends or competitive landscape. It focuses solely on the stock transactions of a specific director within Clean Harbors Inc.

Stakeholder Impact

• Shareholders: The acquisition of restricted stock aligns the director's interests with long-term shareholder value, while the sale of shares represents a reduction in direct insider ownership.

Next Steps

• The restricted stock award granted on May 21, 2025, is scheduled to vest 100% upon the date of the next annual meeting of shareholders.

Key Dates

Keywords

Clean Harbors Inc, CLH, Form 4, Insider Trading, Stock Transaction, Director, Restricted Stock, Share Sale, Lauren States