Form 4: Clean Harbors Director Receives Stock Award

Shelley Stewart Jr., 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, Shelley Stewart Jr., a director of Clean Harbors Inc., acquired 836 shares of common stock.
• The acquisition was a result of a restricted stock award.
• The price per share was $0.
• Following the transaction, Stewart directly owns 3,082 shares of Clean Harbors common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard director compensation practice, indicating alignment of interests between management and shareholders.

Positives

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

Future Outlook

The restricted stock vests 100% upon the date of the next annual meeting of shareholders.

Industry Context

Stock awards to directors are a common practice to align their interests with those of the shareholders and incentivize long-term value creation.

Stakeholder Impact

• The stock award aligns the director's interests with those of the shareholders.

Key Dates