Ecolab (NYSE: ECL) director receives 137.82-share stock award

Rhea-AI Filing Summary

Ecolab Inc. director Julie Whalen reported receiving 137.82 shares of Common Stock as a grant or award. The shares were acquired at a stated price of $0.00 per share, indicating a compensation-related issuance rather than a market purchase.

After this award, Whalen directly holds 341.03 shares of Ecolab common stock. This total includes 0.20 shares acquired through a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, highlighting routine, plan-based accumulation of shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Whalen Julie

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	137.82	$0.00	--

Holdings After Transaction: Common Stock — 341.03 shares (Direct)

Footnotes (1)

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Key Figures

Stock award: 137.82 shares Award price: $0.00 per share Shares held after: 341.03 shares +1 more

4 metrics

Stock award 137.82 shares Common Stock grant/award on March 31, 2026

Award price $0.00 per share Stated transaction price for granted shares

Shares held after 341.03 shares Direct Ecolab Common Stock holdings following transaction

Dividend reinvestment shares 0.20 shares Acquired via dividend reinvestment feature under 2001 plan

Key Terms

Common Stock, dividend reinvestment, 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, Grant, award, or other acquisition

4 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

dividend reinvestment financial

"Includes 0.20 shares acquired pursuant to a dividend reinvestment feature"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

2001 Non-Employee Director Stock Option and Deferred Compensation Plan financial

"feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan"

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Whalen Julie

(Last) (First) (Middle)

C/O ECOLAB INC.

1 ECOLAB PLACE

(Street)

SAINT PAUL MINNESOTA 55102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ECOLAB INC. [ ECL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		A		137.82	A	$0	341.03(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 0.20 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.

	/s/ Corinne Lawson, as Attorney-in-Fact for Julie P. Whalen	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ecolab (ECL) director Julie Whalen report?

Julie Whalen reported the acquisition of 137.82 shares of Ecolab Common Stock as a grant or award. The transaction was recorded at $0.00 per share, indicating a compensation-related issuance rather than an open-market purchase.

How many Ecolab (ECL) shares does Julie Whalen hold after this Form 4?

After the reported grant, Julie Whalen directly holds 341.03 shares of Ecolab Common Stock. This figure includes a small 0.20-share increment obtained through a dividend reinvestment feature under an Ecolab director compensation plan.

Was the Ecolab (ECL) Form 4 transaction a market buy or a stock award?

The transaction was a stock award or similar grant, not a market purchase. It is coded as a grant or other acquisition, with 137.82 shares received at a stated price of $0.00 per share, consistent with compensation-related equity awards.

What does the dividend reinvestment note in the Ecolab (ECL) Form 4 mean?

The footnote explains that 0.20 of the reported shares were acquired through a dividend reinvestment feature of Ecolab’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, showing that a portion of holdings grows automatically via reinvested dividends.

Does the Ecolab (ECL) Form 4 indicate any stock sales by Julie Whalen?

The Form 4 reflects only an acquisition, with no reported sales. It shows a single grant or award of 137.82 shares and a resulting direct ownership of 341.03 shares of Ecolab Common Stock by director Julie Whalen.