3,800-share cashless exercise filed for Ecolab (NYSE: ECL)

Rhea-AI Filing Summary

ECL notice to sell 3,800 shares of Common Stock via a broker-assisted cashless exercise reported on 02/26/2026.

The filing lists the broker as Morgan Stanley Smith Barney LLC - Executive Services and describes the transaction as an employee stock option exercise with the issuer identified in the record.

Insights

Equity Capital Markets Analyst

Routine small-scale cashless exercise reported for ECL affiliate.

The filing shows a broker-assisted cashless exercise converting options into 3,800 shares on 02/26/2026. This is an operational share issuance method rather than an open-market block trade.

Impact appears immaterial to capital structure given the modest share count; subsequent filings would show actual resale activity if shares are offered publicly.

FAQ

What does the ECL Form 144 filing report?

It reports a broker-assisted cashless exercise converting options into 3,800 shares on 02/26/2026. The broker is listed as Morgan Stanley Smith Barney LLC, and the transaction is described as an employee stock option exercise.

Who is the broker handling the transaction for ECL?

The broker is Morgan Stanley Smith Barney LLC - Executive Services, per the filing dated 02/26/2026. The notice lists broker-assisted cashless exercise as the method for converting options into shares.

How many shares are involved in the ECL filing?

The filing lists 3,800 shares of Common Stock to be issued via cashless exercise on 02/26/2026. That figure is the quantity disclosed in the provided excerpt.

Does the filing indicate proceeds recipients for ECL's transaction?

The excerpt identifies the transaction type as an employee stock option exercise and labels the party as the Issuer. The method is broker-assisted cashless exercise; further proceeds detail is not provided in the excerpt.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/26/2026 - 04:38 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Morgan Stanley Smith Barney LLC - Executive Services 200 W Civic Center Drive 4th Floor Sandy UT 84070	3519	1078644	281969448	02/26/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/26/2026	Employee stock option exercise	Issuer			3800	02/26/2026	Broker-assisted cashless exercise

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)