GALANTE EDWARD G 4
Research Summary
AI-generated summary
Clean Harbors (CLH) Director Edward Galante Receives Award
What Happened
- Edward G. Galante, a director of Clean Harbors, was granted 652 restricted shares on 2026-05-20. The Form 4 reports an acquisition price of $0.00 for the award (total reported acquisition value $0). This is an equity award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filing within the standard two-business-day window).
- Transaction type/code: A — Award/Grant of restricted stock.
- Shares granted: 652 shares at $0.00 per share (reported acquisition value $0).
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: Award to a non-employee director; vests 100% upon the date of the next annual meeting of shareholders.
Context
- Restricted stock awards to directors are common as part of board compensation and do not represent a cash purchase or a sale. Because the shares vest in the future, they are subject to the stated vesting condition rather than immediate unrestricted ownership. Such grants are routine and should not be read as a direct market buy/sell signal.