Form 4: Director Shelley Stewart Jr. Receives Clean Harbors Stock
Statement of Changes in Beneficial Ownership
Clean Harbors director Shelley Stewart Jr. was granted 652 shares of common stock as part of a restricted stock award.
Summary
- Director Shelley Stewart Jr. 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 to a non-employee director.
- The total beneficial ownership for the director following this transaction is 4,523 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
- Increased equity alignment between the director and shareholders.
Negatives
- None.
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.
Management Comments
- The award is a standard restricted stock grant for a non-employee director.
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 consistent with standard compensation practices for S&P 400/500 companies.
- The vesting schedule tied to the annual meeting is a common retention and governance mechanism.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Grant of restricted stock to non-employee director. | 05/20/2026 | Neutral; standard alignment of director interests. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 652 shares upon the date of the next annual meeting of shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the restricted stock award transaction. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
Keywords
Clean Harbors, CLH, Insider Trading, Form 4, Director Compensation, Equity Grant
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