Ecolab (ECL) SVP & Controller exercises 950 options, sells 613 shares

Rhea-AI Filing Summary

Ecolab Inc. senior vice president and corporate controller Jennifer J. Bradway exercised stock options and sold shares of company stock. On 02/13/2026, she exercised an employee stock option for 950 shares of common stock at an exercise price of $137.087 per share, converting a previously granted derivative award under the Ecolab Inc. 2010 Stock Incentive Plan.

On the same day, she sold 613 shares of common stock in an open-market transaction at a price of $302.01 per share. After these transactions, she directly owned 4,706.362 shares of Ecolab common stock, which includes 11.55 shares acquired through automatic dividend reinvestment.

Insider Trade Summary

Net Seller: 613 shares ($185,132)

Net Sell 3 txns

Insider Bradway Jennifer J

Role SVP & CORPORATE CONTROLLER

Sold 613 shs ($185K)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	950	$0.00	--
Exercise	Common Stock	950	$137.087	$130K
Sale	Common Stock	613	$302.01	$185K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 5,319.362 shares (Direct)

Footnotes (1)

1. The total includes 11.55 shares resulting from automatic dividend reinvestment in transactions exempt pursuant to Rule 16a-11 under Section 16 of the Securities Exchange Act of 1934. Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option became or becomes 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 option shares on the third anniversary of the date of grant. The date listed is the first anniversary of the date of grant.

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
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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^*

Bradway Jennifer J

(Last) (First) (Middle)

1 ECOLAB PLACE

(Street)

ST. 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)
	SVP & CORPORATE CONTROLLER

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		M		950	A	$137.087	5,319.362(1)	D
Common Stock	02/13/2026		S		613	D	$302.01	4,706.362	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)	$137.087	02/13/2026		M			950	12/06/2018(2)	12/06/2027	Common Stock	950	$0	0	D

Explanation of Responses:

1. The total includes 11.55 shares resulting from automatic dividend reinvestment in transactions exempt pursuant to Rule 16a-11 under Section 16 of the Securities Exchange Act of 1934.

2. Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option became or becomes 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 option shares on the third anniversary of the date of grant. The date listed is the first anniversary of the date of grant.

	/s/ Corinne Lawson, as Attorney-in-Fact for Jennifer J. Bradway	02/17/2026
	** 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 transaction did Ecolab (ECL) executive Jennifer J. Bradway report?

Jennifer J. Bradway reported exercising 950 stock options and selling 613 Ecolab common shares. The option exercise converted an employee stock option into shares, followed by an open-market sale of part of those shares at a higher market price.

How many Ecolab (ECL) shares did Jennifer J. Bradway sell and at what price?

She sold 613 shares of Ecolab common stock at $302.01 per share. This open-market transaction occurred on 02/13/2026 and reduced, but did not eliminate, her directly held share position in the company.

What stock options did Jennifer J. Bradway exercise in this Ecolab (ECL) Form 4?

She exercised an employee stock option for 950 shares of Ecolab common stock at an exercise price of $137.087 per share. The option was granted under the Ecolab Inc. 2010 Stock Incentive Plan and had become exercisable over several anniversaries.

How many Ecolab (ECL) shares does Jennifer J. Bradway own after the reported transactions?

Following the option exercise and share sale, she directly owns 4,706.362 shares of Ecolab common stock. This total includes 11.55 shares that resulted from automatic dividend reinvestment in transactions exempt under Rule 16a-11.

What is Jennifer J. Bradway’s role at Ecolab (ECL) mentioned in the Form 4 filing?

She is listed as an officer of Ecolab, serving as senior vice president and corporate controller. This role means she is a key financial executive and subject to insider reporting requirements under U.S. securities laws.

What is the significance of the Ecolab (ECL) 2010 Stock Incentive Plan in this Form 4?

The exercised option was granted under the Ecolab Inc. 2010 Stock Incentive Plan. That plan provided options that became exercisable in thirds on each of the first three anniversaries of the grant date, enabling eventual conversion into common stock.