Ecolab (NYSE: ECL) EVP Nicholas Alfano logs stock grant and tax withholding

Rhea-AI Filing Summary

ECOLAB INC. executive Nicholas J. Alfano reported equity compensation-related transactions in Common Stock. On February 18, 2026, he acquired 2,202 shares through a grant at $0.00 per share, then had 975.487 shares withheld at $303.15 per share to cover minimum statutory taxes upon vesting of performance-based restricted stock units. Following these direct transactions, he held 5,948.152 directly owned shares. He also held 1,481.033 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2026, stated to equal approximately 2,715 shares of Common Stock held indirectly.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Alfano Nicholas J.

Role EVP & PRES - GLOBAL WATER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,202	$0.00	--
Tax Withholding	Common Stock	975.487	$303.15	$296K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 6,923.639 shares (Direct); Common Stock — 1,481.033 shares (Indirect, By Ecolab Savings Plan)

Footnotes (1)

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. Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2026. (The 1,481.033 UNITS are the equivalent of approximately 2,715 SHARES of the issuer's Common Stock.)

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^*

Alfano Nicholas J.

(Last) (First) (Middle)

1 ECOLAB PLACE

(Street)

SAINT 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)
	EVP & PRES - GLOBAL WATER

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		2,202	A	$0	6,923.639	D
Common Stock	02/18/2026		F(1)		975.487	D	$303.15	5,948.152	D
Common Stock								1,481.033(2)	I	By Ecolab Savings Plan

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.

2. Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2026. (The 1,481.033 UNITS are the equivalent of approximately 2,715 SHARES of the issuer's Common Stock.)

	/s/ Corinne Lawson, as Attorney-in-Fact for Nicholas J. Alfano	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 Nicholas J. Alfano report?

Nicholas J. Alfano reported a grant of 2,202 Ecolab Common shares at $0.00 per share and a tax-withholding disposition of 975.487 shares at $303.15 per share, both dated February 18, 2026.

Was the Ecolab (ECL) Form 4 transaction an open-market stock sale or purchase?

The Form 4 shows a grant of shares and a tax-withholding disposition, not an open-market trade. Shares were withheld at $303.15 per share to satisfy minimum statutory tax obligations tied to vesting performance-based restricted stock units.

How many Ecolab (ECL) shares does Nicholas J. Alfano own directly after these transactions?

After the reported grant and tax-withholding disposition, Nicholas J. Alfano directly held 5,948.152 shares of Ecolab Common Stock. This figure reflects his direct ownership immediately following the February 18, 2026 transactions disclosed on the Form 4.

What is the tax-withholding transaction reported for Ecolab (ECL) executive Nicholas J. Alfano?

Alfano reported a Code F transaction disposing of 975.487 shares at $303.15 per share. Footnotes state this represents shares withheld to cover minimum statutory tax obligations when performance-based restricted stock units vested under Rule 16b-3.

What indirect Ecolab (ECL) holdings does Nicholas J. Alfano report through the Ecolab Savings Plan?

He reports 1,481.033 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2026. The filing states these units are equivalent to approximately 2,715 shares of Ecolab Common Stock held indirectly.

What role does Nicholas J. Alfano hold at Ecolab (ECL) in this Form 4 filing?

In the Form 4, Nicholas J. Alfano is identified as an officer of Ecolab with the title EVP & PRES - GLOBAL WATER. The reported equity transactions relate to his position as a senior executive of the company.