Form 4: Clean Harbors Director Robert Willett Acquires Shares as Restricted Stock Award

Director Robert Willett acquired 836 shares of Clean Harbors Inc. as a restricted stock award, vesting upon the next annual shareholder meeting.

Summary

• Robert Willett, a director of Clean Harbors Inc., acquired 836 shares of common stock on May 22, 2024.
• The acquisition was a result of a restricted stock award.
• The shares were acquired at a price of $0.
• Following the transaction, Willett directly owns 8,587 shares of Clean Harbors Inc.
• The restricted stock vests 100% upon the date of the next annual meeting of shareholders.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a stock award to a director, which is neither particularly positive nor negative.

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, aligning the director's interests with the company's performance until that date.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. These filings help investors understand the buying and selling activity of those with privileged information about the company.

Stakeholder Impact

• The acquisition of shares by a director can increase investor confidence.

Next Steps

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

Key Dates