Form 4: Director Edward Galante Receives Clean Harbors Stock Grant

Sentiment:

Director Equity Grant Disclosure


Clean Harbors Inc. director Edward G. Galante was awarded 652 shares of restricted common stock as part of a director compensation plan.

Summary

  • Director Edward G. Galante acquired 652 shares of Clean Harbors (CLH) common stock.
  • The shares were granted as a restricted stock award.
  • The transaction occurred on May 20, 2026.
  • Following this transaction, the director's total beneficial ownership is 25,461 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on the company's financial outlook.

Positives

  • The grant aligns the director's interests with those of shareholders through equity ownership.

Negatives

  • None identified.

Risks

  • The value of the restricted stock is subject to market fluctuations in Clean Harbors' share price.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity-based compensation for non-employee directors is a standard corporate governance practice designed to ensure long-term alignment between board members and shareholders in the environmental and industrial services sector.

Comparison to Industry Standards

  • The grant of restricted stock to directors is consistent with standard compensation practices for S&P 400 and similar mid-cap industrial companies.
  • The vesting schedule tied to the annual meeting is a common retention and governance mechanism.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Director CompensationAward of restricted stock to a non-employee director.05/20/2026Neutral; standard alignment of director incentives.

Stakeholder Impact

  • Shareholders: Minimal impact; represents standard director compensation.

Next Steps

  • Vesting of the 652 restricted shares at the next annual meeting of shareholders.

Key Dates

DateDescription
05/20/2026Date of the restricted stock award transaction.
05/22/2026Date the Form 4 was signed and filed.

Keywords

Clean Harbors, CLH, Form 4, Insider Trading, Director Compensation, Equity Grant

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