Form 4: Director John T. Preston Acquires Clean Harbors Stock

Sentiment:

Director Equity Grant


Clean Harbors director John T. Preston was granted 652 shares of common stock as part of a restricted stock award.

Summary

  • Director John T. Preston 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 7,044 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

  • Increased alignment between director interests and shareholder value through equity ownership.

Negatives

  • None identified.

Risks

  • None identified.

Future Outlook

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

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to align board member incentives with long-term company performance.

Comparison to Industry Standards

  • The grant of restricted stock to non-employee directors is a common practice among S&P 500 and mid-cap industrial companies to ensure board retention and alignment.
  • The vesting schedule tied to the next annual meeting is consistent with standard industry practice for director compensation.

Stakeholder Impact

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

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, Director, Insider Transaction, Restricted Stock, SEC Form 4

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