Clean Harbors (NYSE: CLH) awards 652 restricted shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Welch John R. reported acquisition or exercise transactions in this Form 4 filing.
Clean Harbors, Inc. director John R. Welch received a grant of 652 shares of restricted common stock as compensation. The award was granted at $0.00 per share and will vest 100% on the date of the next annual meeting of shareholders. Following this grant, Welch directly owns 10,889 shares of Clean Harbors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Welch John R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,889 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 652 shares
Grant price: $0.00 per share
Post-grant holdings: 10,889 shares
3 metrics
Restricted stock grant
652 shares
Award of restricted common stock to non-employee director
Grant price
$0.00 per share
Equity compensation, not an open-market purchase
Post-grant holdings
10,889 shares
Total common stock directly owned after award
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 insider transaction did Clean Harbors (CLH) report for John R. Welch?
Clean Harbors reported that director John R. Welch received a grant of 652 shares of restricted common stock. The award was part of his director compensation and did not involve an open-market purchase or sale at a cash price.
Was the Clean Harbors (CLH) Form 4 transaction a market buy or sell?
No, the Form 4 shows a grant coded as an acquisition (A), not a market trade. The 652 shares of restricted stock were awarded as compensation to a non-employee director, rather than purchased or sold on the open market.
Why did Clean Harbors (CLH) grant restricted stock to John R. Welch?
The filing describes the 652-share award as restricted stock granted to a non-employee director. Such grants are a common form of equity compensation, aligning a director’s interests with shareholders by providing stock that vests over a defined service period.