Ecolab (NYSE: ECL) EVP, GC & Secretary receives 5,954-share option grant

Rhea-AI Filing Summary

Ecolab Inc. executive stock option grant disclosed

Ecolab Inc. reported that an executive officer, serving as EVP, General Counsel and Secretary, received a new employee stock option award on December 3, 2025. The option gives the right to buy 5,954 shares of Ecolab common stock at an exercise price of $268.515 per share.

The option is structured to vest in stages. It becomes exercisable, on a cumulative basis, as to one-third of the option shares on each of the first and second anniversaries of the grant date, and the remaining shares vest on the third anniversary. The option is first exercisable on December 3, 2026 and expires on December 3, 2035.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Boone Jandeen M

Role EVP, GC & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Employee Stock Option (Right to Buy)	5,954	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (Right to Buy) — 5,954 shares (Direct); Common Stock — 552.201 shares (Direct)

Footnotes (1)

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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^*

Boone Jandeen M

(Last) (First) (Middle)

1 ECOLAB PLACE

(Street)

SAINT PAUL MN 55102

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GC & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

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

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

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

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								552.201	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
Employee Stock Option (Right to Buy)	$268.515	12/03/2025		A		5,954		12/03/2026(1)	12/03/2035	Common Stock	5,954	$0	5,954	D

Explanation of Responses:

1. The option will be exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining shares on the third anniversary of the date of grant. The date listed in the Date Exercisable column is the first anniversary of the date of grant.

	/s/ Youhao Dong, as Attorney-in-Fact for Jandeen M. Boone	12/05/2025
	** 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.

FAQ

What insider transaction did Ecolab (ECL) report in this Form 4?

Ecolab reported that its EVP, General Counsel and Secretary received an employee stock option to purchase 5,954 shares of Ecolab common stock on December 3, 2025.

What is the exercise price of the new Ecolab (ECL) stock option grant?

The employee stock option has an exercise price of $268.515 per share for the underlying Ecolab common stock.

When do the new Ecolab (ECL) stock options start to vest?

The options start to vest on the first anniversary of the grant. One-third of the option shares become exercisable on December 3, 2026, with additional tranches on the second and third anniversaries.

How is the Ecolab (ECL) executive option grant vesting schedule structured?

The option vests in thirds: one-third of the 5,954 shares on each of the first and second anniversaries of the grant date, and the remaining shares on the third anniversary.

When do the newly granted Ecolab (ECL) options expire?

The employee stock option expires on December 3, 2035 if not exercised before that date.

Which Ecolab (ECL) officer received the reported option grant?

The option grant was reported for an officer of Ecolab serving as EVP, General Counsel & Secretary.