Director at Ecolab (NYSE: ECL) receives grant of 732 stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ecolab Inc. director Michael Larson received a grant of 732 Non-Employee Director Stock Options linked to 732 shares of common stock. The options have an exercise price of $247.7000 per share and expire on May 15, 2036. They vest 25% at the end of each of the first three three-month periods after the grant date, with the remaining shares vesting on the earlier of the end of the fourth three-month period or the company’s next annual meeting. The options become fully exercisable if a Change in Control occurs. Following these transactions, Larson directly holds 19,007.5 shares of Ecolab common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LARSON MICHAEL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Employee Director Stock Option (Right to Buy) | 732 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Employee Director Stock Option (Right to Buy) — 732 shares (Direct, null);
Common Stock — 19,007.5 shares (Direct, null)
Footnotes (1)
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Key Figures
Option grant size: 732 options
Underlying shares: 732 shares
Exercise price: $247.7000 per share
+3 more
6 metrics
Option grant size
732 options
Non-Employee Director Stock Option grant on May 15, 2026
Underlying shares
732 shares
Common stock underlying granted director options
Exercise price
$247.7000 per share
Strike price for director stock options
Option expiration
May 15, 2036
Expiration date of Non-Employee Director Stock Options
Common shares held
19,007.5 shares
Direct Ecolab common stock holdings after transactions
Initial vesting portion
25%
Portion of option shares vesting at each of first three three-month periods
Key Terms
Non-Employee Director Stock Option, Change in Control, Date Exercisable, Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan
4 terms
Non-Employee Director Stock Option financial
"Non-Employee Director Stock Option (Right to Buy)"
Change in Control financial
"if a Change in Control of the Company will occur, then the option will become immediately exercisable in full"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Date Exercisable financial
"The date listed in the Date Exercisable column represents the first vesting date."
Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan financial
"as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan"
FAQ
What did Ecolab (ECL) director Michael Larson report in this Form 4?
Michael Larson reported a grant of 732 Non-Employee Director Stock Options. These options give him the right to buy 732 Ecolab common shares at a set price, reflecting routine director compensation rather than an open-market purchase or sale.
How many Ecolab (ECL) stock options were granted to Michael Larson?
Michael Larson was granted 732 Non-Employee Director Stock Options. Each option corresponds to one share of Ecolab common stock, creating potential future ownership if exercised according to the vesting schedule and exercise price stated in the filing.
What is the exercise price of Michael Larson’s Ecolab (ECL) stock options?
The options have an exercise price of $247.7000 per share. This means Larson can buy Ecolab common stock at $247.70 per share once the options vest, regardless of the market price at the time of exercise.
When do Michael Larson’s Ecolab (ECL) director stock options vest?
The options vest 25% at the end of each of the first three three-month periods after the grant date. The remaining shares vest on the earlier of the end of the fourth three-month period or Ecolab’s next annual meeting date, enhancing alignment over time.
What happens to Michael Larson’s Ecolab (ECL) options if there is a Change in Control?
If a Change in Control of Ecolab occurs, the options become immediately exercisable in full. This provision, defined in the company’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, accelerates vesting under corporate control change scenarios.