Form 4: Clean Harbors Director Lauren States Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Lauren States reports a gift of 240 common stock shares and an award of 836 restricted stock shares from Clean Harbors Inc.

Summary

  • On May 22, 2024, Lauren States, a director of Clean Harbors Inc., reported a transaction involving the company's common stock.
  • States gifted 240 shares of common stock.
  • She also acquired 836 shares of restricted stock as part of an award.
  • The restricted stock vests 100% on the date of the next annual meeting of shareholders.
  • Following these transactions, States beneficially owns 14,915 shares of Clean Harbors Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing of stock transactions. The award of restricted stock could be seen as mildly positive, indicating alignment of interests.

Positives

  • The acquisition of restricted stock by a director could be seen as a positive sign, aligning the director's interests with those of the shareholders.

Future Outlook

The restricted stock vests 100% upon the date of the next annual meeting of shareholders, suggesting continued involvement and alignment with the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding the director's holdings and alignment with company performance.

Next Steps

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

Key Dates

DateDescription
05/22/2024Date of stock gift and restricted stock award.
05/23/2024Date of signature on the Form 4 filing.

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