PRESTON JOHN T 4
Research Summary
AI-generated summary
Clean Harbors (CLH) Director John T. Preston Receives 652-Share Award
What Happened
John T. Preston, a director of Clean Harbors, was granted 652 shares of restricted stock on 2026-05-20. The reported acquisition price is $0.00 (total reported cash value $0), indicating a compensation award rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (appears timely).
- Transaction type: Award/Grant (code A). Price reported: $0.00; shares granted: 652.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Award of restricted stock to a non-employee director vesting 100% on the date of the next annual meeting of shareholders.
- No sale or purchase for cash was reported; this is director compensation.
Context
Restricted stock awards to non-employee directors are a common form of board compensation and typically vest after a service or time condition (here, at the next annual meeting). Because this is a grant, it does not directly signal buying or selling sentiment in the open market.