Clean Harbors (NYSE: CLH) director receives 652-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PRESTON JOHN T reported acquisition or exercise transactions in this Form 4 filing.
Clean Harbors Inc. director John T. Preston reported an equity compensation grant rather than an open-market trade. On May 20, 2026, he received an award of 652 shares of Common Stock as restricted stock, with no cash paid per share. According to the footnote, this award will vest 100% on the date of the next annual meeting of shareholders. Following the grant, Preston directly holds 7,044 shares of Clean Harbors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PRESTON JOHN T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,044 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 652 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 7,044 shares
3 metrics
Restricted stock grant
652 shares
Award of restricted Common Stock on May 20, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the stock award
Shares held after transaction
7,044 shares
Total direct holdings following the grant
Key Terms
restricted stock, non-employee director, annual meeting of shareholders
3 terms
restricted stock financial
"Award of restricted stock to non-employee director vesting 100% upon the date of the next annual meeting of shareholders."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
non-employee director financial
"Award of restricted stock to non-employee director vesting 100% upon the date of the next annual meeting of shareholders."
FAQ
What did Clean Harbors (CLH) director John T. Preston report in this Form 4?
Director John T. Preston reported receiving a grant of restricted common stock. The Form 4 shows an award of 652 shares as equity compensation, not an open-market purchase or sale, increasing his directly held Clean Harbors shares to 7,044 after the transaction.
What are the vesting terms of John T. Preston’s restricted stock in Clean Harbors (CLH)?
The restricted stock award to John T. Preston vests 100% on the date of the next annual meeting of shareholders. Until that vesting date, the 652 granted shares are restricted stock, as described in the footnote to the Form 4 insider filing.
Was John T. Preston’s Clean Harbors (CLH) transaction a market buy or sell?
The transaction was not a market buy or sell. The Form 4 lists code “A” for a grant, award, or other acquisition, indicating a restricted stock compensation award of 652 shares to non-employee director John T. Preston, at a reported price of $0.0000 per share.
Why did Clean Harbors (CLH) grant restricted stock to John T. Preston?
The footnote explains that the 652-share grant is an award of restricted stock to a non-employee director. It vests fully at the next annual meeting of shareholders, reflecting standard equity compensation rather than a discretionary open-market transaction by the director.