Ecolab (NYSE: ECL) director awarded 732 stock options vesting over one year
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ecolab Inc. director Marion K. Gross reported a new grant of non-employee director stock options. She received options for 732 shares of common stock at an exercise price of $247.70 per share, expiring on May 15, 2036.
The options begin vesting on August 15, 2026, with 25% of the shares vesting at the end of each of the first three three-month periods after grant and the remainder vesting on the earlier of the end of the fourth three-month period or the company’s next annual meeting. The filing also shows she directly holds 466.0100 shares of common stock after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Gross Marion K.
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 — 466.01 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 732 shares
Option exercise price: $247.70 per share
Option expiration date: May 15, 2036
+3 more
6 metrics
Option grant size
732 shares
Non-Employee Director Stock Option grant
Option exercise price
$247.70 per share
Strike price for director stock options
Option expiration date
May 15, 2036
Non-Employee Director Stock Option term
Initial exercisable date
August 15, 2026
First vesting date for option grant
Common shares held
466.0100 shares
Direct common stock ownership after transactions
Vesting cadence
25% each three-month period
First three three-month periods following grant
Key Terms
Non-Employee Director Stock Option, Change in Control, Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan
3 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"
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.
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 insider transaction did Ecolab (ECL) director Marion K. Gross report?
Marion K. Gross reported a grant of stock options. She received non-employee director options for 732 shares of Ecolab common stock at a $247.70 exercise price, expiring May 15, 2036, as part of her director compensation.
When do Marion K. Gross’s Ecolab (ECL) stock options start vesting?
The options begin vesting on August 15, 2026. Twenty-five percent of the option shares vest at the end of each of the first three three-month periods after grant, with the remaining shares vesting later under the plan’s schedule.
What is the vesting schedule for the Ecolab (ECL) director stock options?
The options vest in four installments over roughly a year. They vest 25% at the end of each of the first, second, and third three-month periods after grant, and the remaining shares vest on the earlier of the end of the fourth period or the next annual meeting.
Do the Ecolab (ECL) director stock options accelerate on a change in control?
Yes, the options accelerate on a qualifying Change in Control. The footnote states that if a Change in Control, as defined in the company’s 2001 non-employee director plan, occurs, the option becomes immediately exercisable in full.