STOCK TITAN

Ecolab Form 4: Director Victoria Reich Adds 123.23 Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Victoria J. Reich, a director of Ecolab Inc. (ECL), reported an acquisition of 123.23 shares of Ecolab common stock on 09/30/2025. The transaction is listed as an acquisition with a reported price of $0, and the filing explains that 57.70 of the shares were received through a dividend reinvestment feature of the company’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan. After the transaction, Ms. Reich is reported to beneficially own 24,991.11 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025.

Positive

  • Director acquisition of 123.23 shares via company plan on 09/30/2025
  • Dividend reinvestment contributed 57.70 shares to the reported purchase
  • Reported beneficial ownership of 24,991.11 shares provides transparency

Negative

  • None.
Insider REICH VICTORIA
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 123.23 $0.00 --
Holdings After Transaction: Common Stock — 24,991.11 shares (Direct)
Footnotes (1)
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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).
1. Name and Address of Reporting Person*
REICH VICTORIA

(Last) (First) (Middle)
C/O ECOLAB INC.
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
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 09/30/2025 A 123.23 A $0 24,991.11(1) 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. Includes 57.70 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
/s/ Corinne Lawson, as Attorney-in-Fact for Victoria J. Reich 10/02/2025
** 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 did Victoria J. Reich report on the Form 4 for ECL?

She reported acquiring 123.23 shares of Ecolab common stock on 09/30/2025, with a reported price of $0.

How many Ecolab shares does Victoria J. Reich beneficially own after the transaction?

24,991.11 shares are reported as beneficially owned following the transaction.

Was any portion of the acquired shares from a dividend reinvestment?

Yes — 57.70 shares were acquired pursuant to a dividend reinvestment feature of the Ecolab 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.

What is the transaction date and filing/signature date on the Form 4?

The transaction date is 09/30/2025 and the Form 4 is signed by an attorney-in-fact on 10/02/2025.

What was the reported price per share on the Form 4?

The filing reports a price of $0 for the acquired shares as listed on the Form 4.