Form 4: Director Lauren States Acquires Clean Harbors Stock

Director Lauren States was granted 652 shares of Clean Harbors common stock as part of a restricted stock award.

Summary

• Director Lauren States 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 holds a total of 12,148 shares directly.

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 equity alignment between the director and shareholders.

Negatives

• None.

Risks

• None.

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 interests with long-term shareholder value in the environmental and industrial services sector.

Comparison to Industry Standards

• The grant of restricted stock to non-employee directors is a common practice among S&P 400 and similar mid-cap industrial companies to ensure board retention and alignment.
• The vesting schedule tied to the annual meeting is consistent with standard industry governance policies.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased alignment of director interests with company performance.

Next Steps

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

Key Dates

Keywords

Clean Harbors, CLH, Form 4, Insider Trading, Director Compensation, Stock Acquisition