Director at Ecolab (NYSE: ECL) receives 732 stock options grant
Rhea-AI Filing Summary
Ecolab Inc. director Shari L. Ballard received a grant of 732 Non-Employee Director Stock Options with an exercise price of $247.70 per share, each option tied to one share of common stock. The options begin vesting on August 15, 2026, with 25% vesting at the end of each of the first three three-month periods after the grant and the balance vesting at the earlier of the end of the fourth three-month period or the company’s next annual meeting date. The options become fully exercisable immediately if a Change in Control, as defined in the company’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, occurs. Following these transactions, Ballard directly holds 9,400.11 shares of Ecolab common stock and 732 stock options.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ballard Shari L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Employee Director Stock Option (Right to Buy) | 732 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Employee Director Stock Option (Right to Buy) — 732 shares (Direct);
Common Stock — 9,400.11 shares (Direct)
Footnotes (1)
- F1. The option will become 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 earlier of the last day of the fourth three-month period following its date of grant or the company's next annual meeting date; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full. The date listed in the Date Exercisable column represents the first vesting date.
Key Figures
Options granted: 732 options
Exercise price: $247.70 per share
Underlying shares: 732 shares
+3 more
6 metrics
Options granted
732 options
Non-Employee Director Stock Option grant
Exercise price
$247.70 per share
Strike price for director stock options
Underlying shares
732 shares
Common stock underlying the options
Shares held after
9,400.11 shares
Common stock directly owned following transactions
First vesting date
August 15, 2026
Initial exercisability of option grant
Option expiration
May 15, 2036
Expiration date of director stock options
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
"732 Non-Employee Director Stock Options with an exercise price"
Change in Control financial
"if a Change in Control of the Company occurs, then the option"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Ecolab (ECL) director Shari L. Ballard report?
Shari L. Ballard reported receiving a grant of 732 Non-Employee Director Stock Options. Each option allows her to buy one share of Ecolab common stock at a fixed exercise price, representing routine equity-based board compensation rather than an open-market share purchase or sale.
What is the exercise price of Shari L. Ballard’s new Ecolab (ECL) stock options?
The granted options have an exercise price of $247.70 per share. This means Ballard can purchase Ecolab common stock at $247.70 when the options vest and she chooses to exercise them, regardless of the market price at that future time.
How do Shari L. Ballard’s Ecolab (ECL) director stock options vest?
The options vest in stages over roughly one year. Twenty-five percent of the 732 options vest at the end of each of the first three three-month periods after the grant, with the remainder vesting at the earlier of the end of the fourth three-month period or the company’s next annual meeting date.
When do Shari L. Ballard’s new Ecolab (ECL) stock options first become exercisable?
The first portion of the options becomes exercisable on August 15, 2026. That date reflects the initial vesting tranche under the director stock option plan, after which additional portions vest at subsequent three-month intervals according to the grant’s schedule.
What happens to Shari L. Ballard’s Ecolab (ECL) options if there is a Change in Control?
If a Change in Control occurs, as defined in Ecolab’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, the option grant becomes immediately exercisable in full. This provision accelerates vesting, allowing Ballard to exercise all 732 options at once upon such an event.