LARSON MICHAEL 4

What Happened

• Michael Larson, a director of Ecolab Inc., received an award/acquisition of 130.18 shares on 2026-06-30. The reported acquisition price is $0.00, so the transaction shows no cash outlay; reported total value is $0.00. The filing notes that 28.40 of the shares were acquired through a dividend reinvestment feature of Ecolab’s 2001 Non-Employee Director Stock Option and Deferred Compensation Plan (the remaining 101.78 shares were acquired under the same report).

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (filed timely).
• Transaction type/code: A — Grant/award or other acquisition.
• Shares acquired: 130.18 at $0.00 (total reported value $0.00).
• Footnote: F1 — 28.40 shares acquired via dividend reinvestment under the 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
• Shares owned after transaction: Not provided in the excerpt of the filing.

Context

• This is a director compensation/dividend-reinvestment related acquisition, a routine corporate action rather than an open-market purchase or sale. Such awards and dividend reinvestments are common for non-employee directors and do not, by themselves, indicate the director’s view on the company’s near-term stock performance.