LARSON MICHAEL 4

What Happened
Michael Larson, a director of Ecolab Inc. (ECL), was granted 137.82 shares on 2026-03-31 as an award (transaction code A). The reported acquisition price is $0.00, so the filing shows a dollar value of $0 for the award.

Key Details

• Transaction date: 2026-03-31; Acquisition type: Award/Grant (A)
• Shares acquired: 137.82 at $0.00 per share (total reported value $0)
• Footnote: 27.25 of the shares were acquired via a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: 2026-04-02 — filing appears timely based on the reported transaction date.

Context
Grants to non-employee directors are a routine form of compensation and do not necessarily signal an insider view on the company's near-term prospects. The dividend reinvestment component means part of the award reflects reinvested dividends rather than a new cash purchase.