Ballard Shari L 4

What Happened

• Shari L. Ballard, a director of Ecolab Inc., reported two grant/award acquisitions on 2026-03-31 (transaction code A). She received 137.81 shares at $263.03 per share (total ≈ $36,248) and 137.82 shares reported at $0.00 per share (value reported $0). Combined, the filings show 275.63 shares acquired on that date.
• These were awards/grants to a director (not open-market purchases or option exercises). Awards like these are routine compensation for non-employee directors and do not indicate an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed: 2026-04-02 (filed within the standard reporting window).
• Prices/values: 137.81 shares @ $263.03 (≈ $36,248); 137.82 shares @ $0.00 (value reported $0).
• Total shares acquired: 275.63; total reported cash value: $36,248.
• Footnote: Includes 23.24 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
• Shares owned after the transaction are not disclosed in the provided summary of the filing.

Context

• Code A = award/grant. This is a receipt of director compensation (stock award and reinvested dividends), not an exercise-and-sell or open-market trade. Such awards are common for directors and are part of routine compensation rather than a direct market sentiment signal.