Ecolab (ECL) director exercises 2,300 options and sells 1,265 shares
Rhea-AI Filing Summary
Ecolab Inc. director Tracy B. McKibben reported option and stock transactions in company shares. On February 25, 2026, McKibben exercised a non-employee stock option for 2,300 shares of common stock at a price of $115.075 per share.
On the same date, McKibben then executed an open-market sale of 1,265 shares of common stock at a price of $308.66 per share. After these transactions, McKibben directly owned 11,357.58 shares of Ecolab common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
McKibben Tracy B
Role
Director
Sold
1,265 shs ($390K)
Approx. gross sale proceeds
$390K
Approx. exercise cost
$265K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Employee Stock Option (Right to Buy) | 2,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,300 | $115.075 | $265K |
| Sale | Common Stock | 1,265 | $308.66 | $390K |
Holdings After Transaction:
Non-Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 11,357.58 shares (Direct)
Footnotes (1)
- F1. The option became 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 last day of the fourth three-month period following its date of grant; 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.
FAQ
What did Ecolab (ECL) director Tracy B. McKibben report in this Form 4?
Tracy B. McKibben reported exercising a non-employee stock option and selling some Ecolab common shares. The filing details an option exercise for 2,300 shares and an open-market sale of 1,265 shares, along with updated direct ownership after these transactions.
What does transaction code M mean in the Ecolab (ECL) Form 4 for Tracy B. McKibben?
Transaction code M signifies the exercise or conversion of a derivative security into common stock. In this filing, it reflects McKibben’s exercise of a non-employee stock option for 2,300 shares, moving value from an option award into directly held Ecolab common shares.
How did the Ecolab (ECL) stock option held by Tracy B. McKibben vest?
The option vested cumulatively in four three-month periods after grant, with 25% of the option shares becoming exercisable at the end of each period. The footnote states it would become fully exercisable immediately if a defined Change in Control of the company occurred.
AI-generated analysis. How Rhea-AI works. Not financial advice.