Form 4: Clean Harbors Director Marcy L. Reed Acquires Shares as Part of Restricted Stock Award

Marcy L. Reed, a director at Clean Harbors, acquired 836 shares of common stock on May 22, 2024, as part of a restricted stock award.

Summary

• On May 22, 2024, Marcy L. Reed, a director of Clean Harbors Inc. (CLH), 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, Reed directly owns 5,128 shares of Clean Harbors 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. The acquisition of shares by a director is generally viewed positively, but it's a routine occurrence.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

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

Industry Context

Form 4 filings are routine disclosures for corporate insiders and are closely monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Next Steps

• The restricted stock will vest 100% upon the date of the next annual meeting of shareholders.

Key Dates