Clean Harbors (CLH) co-CEO reports new stock awards and tax withholding
Rhea-AI Filing Summary
Clean Harbors, Inc. co-CEO and director Michael Louis Battles reported routine equity compensation activity. On 02/01/2026 he received two grants of common stock: 10,290 performance-based restricted shares and 10,690 time-based restricted shares, both at a reported price of $0 per share.
On 02/02/2026, 5,205 shares were withheld at $259.91 per share to satisfy tax liabilities tied to vesting, in accordance with Rule 16b-3. After these transactions, Battles directly beneficially owned 98,686 shares of Clean Harbors common stock.
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FAQ
What insider transaction did Michael Battles report for Clean Harbors (CLH)?
Michael Louis Battles, co-CEO and director of Clean Harbors, reported routine equity compensation activity. He received two grants of common stock and had shares withheld to cover tax liabilities related to vesting of previously awarded securities.
How many Clean Harbors shares were granted to Michael Battles on February 1, 2026?
On February 1, 2026, Michael Battles was granted 10,290 performance-based restricted shares and 10,690 time-based restricted shares of Clean Harbors common stock, for a total of 20,980 shares, all reported at a price of $0 per share.
Why were 5,205 Clean Harbors shares withheld from Michael Battles?
5,205 shares of Clean Harbors common stock were withheld to pay tax liabilities arising from the vesting of prior equity awards. The withholding was executed in accordance with Rule 16b-3 and was priced at $259.91 per share.
What is the vesting schedule for Michael Battles’ performance-based restricted stock?
The performance-based restricted stock award to Michael Battles will vest 50% on March 15, 2028 and 50% on March 15, 2029, depending on achievement of specified goals during the performance period from January 1, 2027 through December 31, 2027.
What is the vesting schedule for Michael Battles’ time-based restricted stock award?
The time-based restricted stock award to Michael Battles vests in four equal installments: 25% on February 1, 2027; 25% on February 1, 2028; 25% on February 1, 2029; and 25% on February 1, 2030.
How many Clean Harbors shares does Michael Battles own after these transactions?
After the reported transactions, co-CEO Michael Battles beneficially owned 98,686 shares of Clean Harbors common stock directly. This figure reflects the new restricted stock grants and the 5,205 shares withheld for tax obligations.