Ecolab (ECL) director Julie Whalen discloses 128-share stock grant

Rhea-AI Filing Summary

Ecolab Inc. director Julie Whalen reported an acquisition of company stock in an insider transaction dated 12/31/2025. The Form 4 shows she acquired 128 shares of Ecolab common stock, coded as an acquisition and reported at a price of $0 per share, indicating this was likely a grant or award rather than an open‑market purchase. Following this transaction, her holdings are reported as directly owned. The filing is made by a single reporting person and is signed by an attorney‑in‑fact on her behalf.

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

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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^*

Whalen Julie

(Last) (First) (Middle)

C/O ECOLAB INC.

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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	12/31/2025		A		128	A	$0	203.01	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:

	/s/ Corinne Lawson, as Attorney-in-Fact for Julie Whalen	01/05/2026
	** 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 transaction did Ecolab (ECL) report for director Julie Whalen?

The filing reports that director Julie Whalen acquired 128 shares of Ecolab Inc. common stock in a transaction dated 12/31/2025.

At what price were the Ecolab (ECL) shares acquired in this Form 4?

The 128 shares of Ecolab common stock were reported as acquired at a price of $0 per share, consistent with a grant or award rather than a market purchase.

What is Julie Whalen’s relationship to Ecolab (ECL)?

Julie Whalen is listed as a director of Ecolab Inc. on the Form 4, with the box for director checked and other roles left unchecked.

Is this Ecolab (ECL) Form 4 filed by one or multiple reporting persons?

The document indicates that the Form 4 is filed by one reporting person, with the corresponding box marked accordingly.

How is ownership reported for the Ecolab (ECL) shares in this transaction?

The acquired common stock is shown as directly owned by the reporting person in the ownership form column of Table I.

Who signed the Ecolab (ECL) Form 4 for this insider transaction?

The Form 4 is signed “/s/ Corinne Lawson, as Attorney-in-Fact for Julie Whalen”, dated 01/05/2026, indicating use of a power of attorney.