Ecolab director receives stock award

ECOLAB INC. director Shari L. Ballard reported acquiring common stock as part of her director compensation.

Rhea-AI Filing Summary

ECOLAB INC. director Shari L. Ballard reported acquiring common stock as part of her director compensation. On June 30, 2026, she received an award of 130.1800 shares of Ecolab common stock, recorded at a reference price of $278.4580 per share.

The filing notes that her reported holdings include 24.62 shares acquired through a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, highlighting that a portion of her position has accumulated automatically via plan elections rather than market purchases.

Insider Trade Summary

Grant/Award: 260.36 shares

Grant/Award 2 txns

Insider Ballard Shari L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	130.18	$0.00	$0.00
Grant/Award	Common Stock	130.18	$278.458	$36K

Holdings After Transaction: Common Stock — 9,685.09 shares (Direct)

Footnotes (1)

1. F1. Includes 24.62 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.

Key Figures

Stock award size: 130.1800 shares Reference price per share: $278.4580 per share Dividend reinvestment shares: 24.62 shares +1 more

4 metrics

Stock award size 130.1800 shares Common stock grant to director on June 30, 2026

Reference price per share $278.4580 per share Reporting price for the 130.1800-share award

Dividend reinvestment shares 24.62 shares Shares acquired via dividend reinvestment feature in director plan

Acquire transactions count 2 transactions Total acquire-type entries reported in this Form 4

Key Terms

grant/award acquisition, dividend reinvestment, Non-Employee Director Stock Option and Deferred Compensation Plan

3 terms

grant/award acquisition financial

"transaction_action: "grant/award acquisition" for the reported stock grant"

dividend reinvestment financial

"Includes 24.62 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.

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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Ecolab (ECL) director Shari Ballard report?

Shari L. Ballard reported an equity award of 130.1800 Ecolab common shares. The award was granted on June 30, 2026 as a non-derivative stock grant, reflecting director compensation rather than an open-market purchase or sale.

Was the Ecolab (ECL) transaction by Shari Ballard a market buy or sell?

The transaction was not a market buy or sell. It is coded as an “A” transaction, meaning a grant, award, or other acquisition, reflecting stock-based compensation rather than an open-market trade in Ecolab shares.

How many Ecolab (ECL) shares were included in Shari Ballard’s June 30, 2026 award?

The award consisted of 130.1800 shares of Ecolab common stock. These shares were reported as a non-derivative stock grant, representing additional equity compensation for Ballard in her role as a director of the company.

At what price was Shari Ballard’s Ecolab (ECL) stock award recorded?

The 130.1800-share award was recorded at $278.4580 per share. This value is a reference price used for reporting purposes and does not represent an open-market purchase price paid by the director.

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

The footnote explains that Ballard’s reported holdings include 24.62 shares acquired via a dividend reinvestment feature in an Ecolab director plan. This indicates a portion of her shares accumulated automatically from reinvested cash dividends rather than direct stock purchases.

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

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Accepted by SEC EDGAR 07/02/2026 - 04:32 PM Learn about SEC filing dates

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^*

Ballard Shari L

(Last) (First) (Middle)

C/O ECOLAB INC.

1 ECOLAB PLACE

(Street)

ST. 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)
06/30/2026

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	06/30/2026		A		130.18	A	$0	9,554.91(1)	D
Common Stock	06/30/2026		A		130.18	A	$278.458	9,685.09	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 24.62 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 Shari L. Ballard	07/02/2026
	** 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)