Form 4: Director John R. Welch Receives Clean Harbors Stock Grant

Clean Harbors Inc. director John R. Welch was granted 652 shares of common stock as part of a restricted stock award.

Summary

• Director John R. Welch acquired 652 shares of Clean Harbors Inc. (CLH) common stock.
• The transaction occurred on May 20, 2026.
• The shares were granted as a restricted stock award with a price of $0.
• Following this transaction, the director's total beneficial ownership is 10,889 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.

Positives

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

Negatives

• None identified.

Risks

• The restricted stock award is subject to vesting requirements tied to the next annual meeting of shareholders.

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 to ensure long-term alignment with shareholder value in the environmental and industrial services sector.

Comparison to Industry Standards

• The grant of restricted stock to directors is consistent with standard compensation packages for S&P 400/500 companies.
• The vesting schedule tied to the annual meeting is a common retention and governance mechanism.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 652 shares upon the next annual meeting of shareholders.

Key Dates

Keywords

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