STOCK TITAN

Ecolab (NYSE: ECL) director exercises 2,000 options, sells 1,004 shares

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

ECOLAB INC. director Suzanne M. Vautrin reported a set of equity transactions involving company common stock. She exercised a stock option for 2,000 shares at $125.665 per share, then had 996 shares withheld to cover the exercise price and related tax obligations, as described in the footnotes.

After that, she completed an open-market sale of 1,004 shares of common stock at an average price of $264.98 per share. Following these transactions, she directly holds 11,651.22 shares of Ecolab common stock, and the exercised option was fully used with no remaining derivative position from that grant.

Positive

  • None.

Negative

  • None.
Insider Vautrinot Suzanne M
Role null
Sold 1,004 shs ($266K)
Type Security Shares Price Value
Sale Common Stock 1,004 $264.98 $266K
Exercise Non-Employee Stock Option (Right to Buy) 2,000 $0.00 --
Exercise Common Stock 2,000 $125.665 $251K
Tax Withholding Common Stock 996 $252.267 $251K
Holdings After Transaction: Common Stock — 11,651.22 shares (Direct, null); Non-Employee Stock Option (Right to Buy) — 0 shares (Direct, null)
Footnotes (1)
  1. Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock. The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant. The date listed in the Date Exercisable column represents the first vesting date.
Open-market sale 1,004 shares at $264.98 Common Stock sale on 2026-05-27
Options exercised 2,000 shares at $125.665 Non-Employee Stock Option exercise on 2026-05-22
Tax-withholding shares 996 shares Disposition to cover exercise price/taxes on 2026-05-22
Shares held after transactions 11,651.22 shares Direct Ecolab common stock holdings post-transaction
Option grant exercise price $125.665 per share Non-Employee Stock Option (Right to Buy)
Option expiration date 2027-05-04 Original expiration for exercised option grant
open-market sale financial
"transaction_action: "open-market sale" for 1,004 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 996 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Non-Employee Stock Option (Right to Buy) financial
"security_title: "Non-Employee Stock Option (Right to Buy)" on 2,000 shares"
Rule 16b-3 regulatory
"stock option issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
SEC Form 4
FORM 4UNITED 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*
Vautrinot Suzanne M

(Last)(First)(Middle)
C/O ECOLAB INC.
1 ECOLAB PLACE

(Street)
ST. PAUL MINNESOTA 55102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ECOLAB INC. [ ECL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/22/2026M2,000A$125.66513,651.22D
Common Stock05/22/2026F(1)996D$252.26712,655.22D
Common Stock05/27/2026S1,004D$264.9811,651.22D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Non-Employee Stock Option (Right to Buy)$125.66505/22/2026M2,00008/04/2017(2)05/04/2027Common Stock2,000$00D
Explanation of Responses:
1. Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
2. The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant. The date listed in the Date Exercisable column represents the first vesting date.
/s/ Corinne Lawson, as Attorney-in-Fact for Suzanne M. Vautrinot05/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Ecolab (ECL) director Suzanne M. Vautrin report?

Suzanne M. Vautrin exercised options for 2,000 Ecolab common shares, had 996 shares withheld to cover the exercise price and taxes, and sold 1,004 shares in an open-market transaction. After these moves, she directly holds 11,651.22 Ecolab shares.

How many Ecolab (ECL) shares did the director sell and at what price?

She sold 1,004 shares of Ecolab common stock in an open-market transaction at an average price of $264.98 per share. This sale occurred after exercising options, and represents only part of her total post-transaction holdings of 11,651.22 shares.

What options did the Ecolab (ECL) director exercise in this Form 4 filing?

She exercised a Non-Employee Stock Option covering 2,000 shares of Ecolab common stock at an exercise price of $125.665 per share. The option, granted under Rule 16b-3, became fully exercisable through staged vesting and was fully used in this transaction.

How many Ecolab (ECL) shares does Suzanne M. Vautrin own after these transactions?

Following the option exercise, tax-withholding disposition, and open-market sale, she directly holds 11,651.22 shares of Ecolab common stock. This figure reflects her position after selling 1,004 shares and having 996 shares withheld to cover the option exercise and tax obligations.

What is the role of tax withholding in the Ecolab (ECL) director’s Form 4?

A separate transaction labeled with code F shows 996 shares disposed of to pay the stock option’s exercise price or related tax liabilities. This tax-withholding disposition is not an open-market sale and is a mechanism to satisfy obligations tied to the option exercise.