Ecolab (ECL) EVP gets 593-share grant, 200-share tax withholding

Rhea-AI Filing Summary

Ecolab Inc. executive Boone Jandeen M, EVP, GC & Secretary, reported equity compensation activity involving Ecolab common stock. On February 18, 2026, he acquired 593 shares of common stock as a grant or award at a stated price of $0.00 per share, increasing his directly held position. The same day, 200.801 shares were disposed of at $303.15 per share to satisfy minimum statutory tax obligations related to the vesting of performance-based restricted stock units, as described in a footnote. After these transactions, he directly owned 944.400 shares of Ecolab common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Boone Jandeen M

Role EVP, GC & Secretary

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	593	$0.00	--
Tax Withholding	Common Stock	200.801	$303.15	$61K

Holdings After Transaction: Common Stock — 1,145.201 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)
02/18/2026

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	02/18/2026		A		593	A	$0	1,145.201	D
Common Stock	02/18/2026		F(1)		200.801	D	$303.15	944.4	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. Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.

	/s/ Corinne Lawson, as Attorney-in-Fact for Jandeen M. Boone	02/20/2026
	** 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.

FAQ

What insider stock transactions did Ecolab (ECL) report for Boone Jandeen?

Ecolab reported that executive Boone Jandeen received a 593-share stock award and disposed of 200.801 shares on February 18, 2026. The disposal covered minimum statutory tax obligations tied to vesting performance-based restricted stock units.

Was the Ecolab (ECL) insider share disposal an open-market sale?

The 200.801-share disposal reported for Ecolab executive Boone Jandeen was a tax-withholding transaction, not an open-market sale. Shares were withheld to pay minimum statutory tax obligations upon vesting of performance-based restricted stock units.

How many Ecolab (ECL) shares does Boone Jandeen hold after this Form 4?

Following the reported transactions, Ecolab executive Boone Jandeen directly owns 944.400 shares of Ecolab common stock. This reflects the 593-share award and the 200.801-share tax-withholding disposition recorded on February 18, 2026.

What does transaction code A mean in this Ecolab (ECL) Form 4 filing?

In this Ecolab Form 4, transaction code A represents a grant, award, or other acquisition of common stock. Boone Jandeen received 593 shares of Ecolab common stock under this code on February 18, 2026.

What does transaction code F indicate in Ecolab (ECL) insider reports?

Transaction code F in this Ecolab insider report indicates a disposition to pay taxes. The company withheld 200.801 shares from Boone Jandeen at $303.15 per share to satisfy minimum statutory tax obligations on vested performance-based restricted stock units.

Did the Ecolab (ECL) executive pay cash for the 593-share award?

No cash payment is shown for the 593-share award to Ecolab executive Boone Jandeen. The shares were acquired at a reported price of $0.00 per share, consistent with an equity grant or award rather than a market purchase.