ZILLMER JOHN J 4

What Happened

• John J. Zillmer, a director of Ecolab Inc. (ECL), was granted a derivative award covering 732 shares on 2026-05-15. The Form 4 reports the acquisition price as $0.00, indicating a grant (stock option/award) rather than a cash purchase or sale.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19.
• Amount: 732 derivative shares granted; reported acquisition price = $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Vesting/other terms (footnote): the option vests cumulatively — 25% at the end of each of the first, second and third three-month periods after grant, with the remainder vesting at the earlier of the end of the fourth three-month period or the company's next annual meeting. If a Change in Control occurs, the option becomes immediately exercisable in full.
• Filing timeliness: the Form 4 was filed four days after the transaction date; Form 4s are generally due within two business days, so this may be later than typical.

Context

• This was a grant (award) of derivative securities (options), not an exercise or sale. No immediate cash changed hands and no sale of shares was reported. The economic value to the insider depends on future stock performance and the option’s exercise price and timing (not detailed in the excerpt). Grants to directors are common as compensation and do not, by themselves, indicate the director bought or sold stock.