Geer Charles H. II 4

What Happened

• Charles H. Geer II, Executive Vice President, Industrial Services at Clean Harbors (CLH), received equity awards on Feb 1, 2026 totaling 2,346 shares (1,843 + 503) as restricted stock awards. On Feb 2, 2026, 197 shares were disposed/withheld to cover tax liabilities at an effective price of $259.91 per share, representing approximately $51,202.
• These were awards (code A) and a tax-withholding disposition (code F)—not an open-market sale or purchase. Awards are typically a compensatory grant (future vesting), while the 197-share disposition is a routine withholding to pay taxes.

Key Details

• Transaction dates and prices:
  • 2026-02-01: Awarded 1,843 shares @ $0.00 and 503 shares @ $0.00 (total 2,346 shares).
  • 2026-02-02: 197 shares withheld/disposed @ $259.91 each = $51,202.
• Shares owned after transaction: Not specified in the reported details.
• Footnotes / vesting:
  • F1: Withholding of securities to pay tax liability incident to vesting per Rule 16b-3.
  • F2: The 1,843-share award is a performance-based restricted stock award vesting 50% on 3/15/2028 and 50% on 3/15/2029, contingent on goals during 1/1/2027–12/31/2027.
  • F3: The 503-share award vests 25% on each anniversary Feb 1 of 2027–2030.
• Filing timeliness: Form filed Feb 3, 2026; transactions occurred Feb 1–2, 2026. Filing appears timely (no late‑filing indication).

Context

• These grants are restricted stock awards (A) with multi-year time- and/or performance-based vesting — they are not immediate cash purchases. The 197-share disposition (F) is a common “share withholding” to satisfy tax withholding obligations when awards vest, not a discretionary sale that signals intent to liquidate additional shares.
• For retail investors, new awards can indicate management compensation alignment with company performance, but they do not by themselves imply buying or selling sentiment.