Clean Harbors (CLH) director receives 652-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Polito Karyn reported acquisition or exercise transactions in this Form 4 filing.
Clean Harbors director Karyn Polito received an equity grant of 652 shares of Common Stock as restricted stock, with no cash paid per share. The award was granted as compensation for service as a non-employee director and vests 100% on the date of the next annual meeting of shareholders. Following this grant, she directly holds 4,127 shares of Clean Harbors common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Polito Karyn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 652 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,127 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock granted: 652 shares
Grant price per share: $0.0000 per share
Shares held after grant: 4,127 shares
+1 more
4 metrics
Restricted stock granted
652 shares
Award of restricted stock to non-employee director
Grant price per share
$0.0000 per share
Equity compensation, no cash consideration
Shares held after grant
4,127 shares
Total direct common stock holdings after transaction
Vesting condition
100% at next annual meeting
Restricted stock vests upon next shareholders’ annual meeting
Key Terms
restricted stock, non-employee director, annual meeting of shareholders, transaction code "A"
4 terms
restricted stock financial
"Award of restricted stock to non-employee director vesting 100% upon the date"
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"
transaction code "A" regulatory
"transaction_code": "A", "transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did Karyn Polito report for CLH?
Karyn Polito reported receiving an award of 652 shares of Clean Harbors common stock. The shares were granted as restricted stock for her role as a non-employee director, with no cash paid per share, and represent an equity-based compensation grant.
What are the vesting terms of Karyn Polito’s restricted stock in CLH?
The 652-share restricted stock award to Karyn Polito vests 100% on the date of the next annual meeting of shareholders. Until vesting, the shares are subject to restrictions, aligning her compensation with continued board service at Clean Harbors.
Was cash paid for Karyn Polito’s Clean Harbors restricted stock award?
No cash was paid for the award; the transaction price per share is reported as $0.0000. This indicates the 652 restricted shares were granted as equity compensation to Karyn Polito in her capacity as a non-employee director of Clean Harbors.