Rule 144 Notice: Ecolab Insider Plans $3.53M Stock Sale via Merrill Lynch
Rhea-AI Filing Summary
A Form 144 for Ecolab reports a proposed Rule 144 sale of 12,951 common shares through Merrill Lynch on the NYSE with an aggregate market value of $3,525,480.00. The filing lists total shares outstanding as 283,624,912 and an approximate sale date of 08/14/2025.
The shares were acquired as RSUs from Ecolab on 11/30/2018 and the payment is listed as cash. The filing reports no securities sold in the past three months and includes the standard attestation that the seller does not possess undisclosed material adverse information.
Positive
- Compliance disclosure: Form 144 filed giving public notice of the planned sale, satisfying Rule 144 requirements.
- Acquisition transparency: Shares were acquired as RSUs on 11/30/2018 and the filing reports no sales in the past three months.
Negative
- None.
Insights
TL;DR Routine insider Rule 144 notice: planned sale of 12,951 shares valued at about $3.5M; appears immaterial to capitalization.
The filing discloses the planned sale amount, broker and execution venue, and shows the shares were acquired as RSUs in 2018. For investors, this provides transparency on an insider liquidity event but does not, on its face, indicate a material change in company fundamentals.
TL;DR Disclosure aligns with Rule 144 requirements and includes acquisition and broker details, plus the seller's attestation about material information.
The notice names the broker, the number of shares, acquisition date and type (RSU), and confirms no sales in the prior three months. From a governance perspective, this is a complete, routine filing that supports regulatory transparency for an insider sale.