Ecolab (ECL) SVP Bradway reports share award and tax withholding

Rhea-AI Filing Summary

ECOLAB INC. senior vice president and corporate controller Jennifer J. Bradway reported equity compensation activity in company common stock. She received a grant of 1,948 shares on February 18, 2026, increasing her direct holdings. In connection with the vesting of performance-based restricted stock units, 596.088 shares were withheld at $303.15 per share to satisfy minimum statutory tax obligations, as permitted under Rule 16b-3. After these transactions, she directly owned 6,058.274 shares of Ecolab common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bradway Jennifer J

Role SVP & CORPORATE CONTROLLER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,948	$0.00	--
Tax Withholding	Common Stock	596.088	$303.15	$181K

Holdings After Transaction: Common Stock — 6,654.362 shares (Direct)

Footnotes (1)

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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
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^*

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)
02/18/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/18/2026		A		1,948	A	$0	6,654.362	D
Common Stock	02/18/2026		F(1)		596.088	D	$303.15	6,058.274	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

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.

	/s/ Corinne Lawson, as Attorney-in-Fact for Jennifer J. Bradway	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.

FAQ

What insider transactions did Ecolab (ECL) executive Jennifer Bradway report?

Jennifer J. Bradway reported an equity award and related tax withholding. She received 1,948 Ecolab common shares, while 596.088 shares were withheld to cover minimum statutory tax obligations tied to vesting performance-based restricted stock units.

Did Jennifer Bradway buy or sell Ecolab (ECL) shares on the open market?

The filing shows no open-market purchases or sales. Bradway received 1,948 shares as an award and 596.088 shares were withheld by Ecolab to satisfy tax obligations related to vesting performance-based restricted stock units, a non-market transaction.

How many Ecolab (ECL) shares does Jennifer Bradway own after this Form 4?

Following the reported transactions, Jennifer J. Bradway directly owns 6,058.274 shares of Ecolab common stock. This reflects the net position after receiving 1,948 awarded shares and having 596.088 shares withheld for tax obligations on vested restricted stock units.

What does the tax-withholding transaction in the Ecolab (ECL) Form 4 mean?

The Form 4 notes 596.088 shares were withheld at $303.15 per share to pay minimum statutory taxes. This occurred when performance-based restricted stock units vested and represents a tax-withholding disposition, not an open-market sale of Ecolab shares.

What type of equity award did Ecolab (ECL) report for Jennifer Bradway?

The filing reports a grant or award acquisition of 1,948 shares of Ecolab common stock to Jennifer J. Bradway. The shares relate to performance-based restricted stock units that vested, triggering both the share award and associated tax-withholding share disposition.

Is the Ecolab (ECL) insider transaction related to performance-based restricted stock units?

Yes. The footnote explains the transaction stems from vesting performance-based restricted stock units. When they vested, 1,948 shares were awarded and 596.088 shares were withheld to cover minimum statutory tax obligations under Rule 16b-3.