Form 4: Director Marcy Reed Receives Clean Harbors Stock Grant

Clean Harbors Inc. director Marcy L. Reed was granted 652 shares of common stock as part of a restricted stock award.

Summary

• Director Marcy L. Reed acquired 652 shares of Clean Harbors Inc. (CLH) common stock.
• The shares were granted as a restricted stock award for service as a non-employee director.
• The transaction occurred on May 20, 2026, at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership is 5,733 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• The restricted stock award is subject to vesting conditions 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 grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in long-term company performance.

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.

Stakeholder Impact

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

Next Steps

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

Key Dates

Keywords

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