Was the 11,091.244-share disposition by Ecolab’s CEO an open-market sale?

No, the 11,091.244-share disposition was for tax withholding, not an open-market sale. Shares were withheld to cover minimum statutory tax obligations when performance-based restricted stock units vested, as permitted under Rule 16b-3.

What is the nature of the 25,408-share acquisition reported by Ecolab’s CEO?

The 25,408-share acquisition is reported with code A, indicating a grant, award, or other acquisition of common stock, at a stated price of $0.00 per share. This reflects stock-based compensation rather than a purchase for cash in the open market.

Ecolab CEO reports stock grant and tax share withholding

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Form Type

Rhea-AI Filing Summary

ECOLAB INC. Chairman and CEO Christophe Beck reported equity compensation activity in the company’s common stock. On February 18, 2026, he acquired 25,408 shares through a grant or award at a stated price of $0.00 per share, increasing his directly held shares to 98,052.362.

On the same date, 11,091.244 shares were disposed of at $303.15 per share to satisfy minimum statutory tax obligations through share withholding tied to vesting of performance-based restricted stock units, leaving 86,961.118 directly held shares. Separately, he holds 1,735.608 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2026, equivalent to approximately 3,182 shares of common stock, reported as indirect ownership.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Beck Christophe

Role CHAIRMAN & CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	25,408	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	11,091.244	$303.15	$3.36M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 86,961.118 shares (Direct); Common Stock — 1,735.608 shares (Indirect, By Ecolab Savings Plan)

Footnotes (2)

F1. 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.
F2. Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2026. Includes 55.258 UNITS acquired since the reporting person's last report. (The 1,735.608 UNITS are the equivalent of approximately 3,182 SHARES of the issuer's Common Stock.)

FAQ

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

What insider transactions did ECL Chairman & CEO Christophe Beck report?

Christophe Beck reported a grant of 25,408 Ecolab common shares and a related tax-withholding disposition of 11,091.244 shares on February 18, 2026. These transactions reflect equity compensation vesting rather than open-market buying or selling activity.

How many Ecolab (ECL) shares does Christophe Beck own after these transactions?

After these transactions, Christophe Beck directly holds 86,961.118 Ecolab common shares. He also reports 1,735.608 units in the Ecolab Stock Fund under the Ecolab Savings Plan, equivalent to approximately 3,182 additional shares as indirect ownership.

How are Ecolab (ECL) shares held in the Ecolab Savings Plan reported for Christophe Beck?

Christophe Beck reports 1,735.608 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2026. These units equal approximately 3,182 Ecolab common shares and are disclosed as indirect ownership on the Form 4.

Does this Ecolab Form 4 indicate net buying or selling by the CEO?

The Form 4 combines an equity grant and a tax-withholding share disposition, resulting in mixed activity. The grant adds shares as compensation, while the disposition covers tax obligations associated with vesting performance-based restricted stock units.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/20/2026 - 04:32 PM

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^*

Beck Christophe

(Last)

(First)

(Middle)

1 ECOLAB PLACE

(Street)

ST. PAUL

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)

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/18/2026		A		25,408	A	$0	98,052.362	D
Common Stock	02/18/2026		F⁽¹⁾		11,091.244	D	$303.15	86,961.118	D
Common Stock								1,735.608⁽²⁾	I	By Ecolab Savings Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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.

2. Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2026. Includes 55.258 UNITS acquired since the reporting person's last report. (The 1,735.608 UNITS are the equivalent of approximately 3,182 SHARES of the issuer's Common Stock.)

	/s/ Corinne Lawson, as Attorney-in-Fact for Christophe Beck	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.

Source: View Original Filing on SEC EDGAR