Form 4: Clean Harbors Director Shelley Stewart Jr. Receives Restricted Stock Award

Clean Harbors, Inc. Director Shelley Stewart Jr. was granted 789 shares of restricted common stock on May 21, 2025, as part of an equity award.

Summary

• Shelley Stewart Jr., a Director of Clean Harbors Inc. (CLH), reported an acquisition of common stock.
• On May 21, 2025, Mr. Stewart acquired 789 shares of Clean Harbors common stock.
• The acquisition was an award of restricted stock to a non-employee director, with a reported price of $0 per share.
• The restricted stock award vests 100% upon the date of the next annual meeting of shareholders.
• Following this transaction, Shelley Stewart Jr. beneficially owns 3,871 shares of Clean Harbors common stock.

Sentiment

Score: 6

Explanation: The document reports a routine restricted stock award to a non-employee director, which is a standard component of director compensation and aligns the director's interests with shareholders. This is generally viewed as a neutral to slightly positive event for corporate governance and alignment.

Positives

• Director Shelley Stewart Jr. received an award of 789 shares of restricted common stock, which aligns his interests with those of the company's shareholders.

Future Outlook

NA

Industry Context

This Form 4 filing details a routine insider transaction, specifically an equity award to a director, which is a common practice for compensating non-employee board members across various industries to align their interests with company performance and shareholder value.

Related Party Transactions

• The award of restricted stock to Director Shelley Stewart Jr. represents a standard compensation arrangement for a non-employee director, which is a transaction with a related party.

Stakeholder Impact

• Shareholders: The equity award aligns the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term shareholder value.

Next Steps

• The 789 shares of restricted stock awarded to Shelley Stewart Jr. are scheduled to vest 100% upon the date of the next annual meeting of shareholders.

Key Dates

Keywords

Clean Harbors, CLH, Form 4, insider transaction, restricted stock, equity award, director compensation, beneficial ownership