Larry L. Berger - Feb 26, 2025 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & CHIEF TECHNICAL OFFICER
Signature
/s/ Youaho Dong, as Attorney-in-Fact for Larry L. Berger
Stock symbol
ECL
Transactions as of
Feb 26, 2025
Transactions value $
-$1,544,161
Form type
4
Date filed
2/27/2025, 08:23 PM
Previous filing
Feb 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $1.72M +10.9K +68.96% $158.52 26.6K Feb 26, 2025 Direct
transaction ECL Common Stock Sale -$2.9M -10.9K -40.82% $266.95 15.7K Feb 26, 2025 Direct F1
transaction ECL Common Stock Options Exercise $1.81M +9.8K +62.27% $184.39 25.5K Feb 26, 2025 Direct
transaction ECL Common Stock Tax liability -$2.17M -8.16K -31.95% $266.39 17.4K Feb 26, 2025 Direct F2
holding ECL Common Stock 75.5 Feb 26, 2025 By Ecolab Savings Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ECL Employee Stock Option (Right to Buy) Options Exercise $0 -10.9K -100% $0.00 0 Feb 26, 2025 Common Stock 10.9K $158.52 Direct F4
transaction ECL Employee Stock Option (Right to Buy) Options Exercise $0 -9.8K -100% $0.00 0 Feb 26, 2025 Common Stock 9.8K $184.39 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $266.80 to $267.60, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
F3 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2025. (The 75.452 UNITS are the equivalent of approximately 138 SHARES of the issuer's Common Stock.)
F4 The option became exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column is the first anniversary of the date of grant.