Ballard Shari L 4

4 · ECOLAB INC. · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

Ecolab Director Shari Ballard Receives 732-Share Option Award

What Happened

Shari L. Ballard, a director of Ecolab Inc. (ECL), received a derivative award on 2026-05-15 covering 732 shares. The Form 4 records the acquisition as an award/derivative (A) and shows $0.00 per share in the filing; the filing does not report an immediate cash purchase or sale.

Key Details

Transaction date: 2026-05-15; Form 4 filed 2026-05-19.
Award type: Option-style derivative (per footnote) covering 732 shares; filing lists $0.00 for the reported price/value.
Vesting: Award vests 25% at the end of each of the first three three-month periods after grant, with the remainder vesting on 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.
Shares owned after the transaction: not specified in the filing.
No sale or exercise occurred; this is a grant of an option/award, not a market purchase or disposition.

Context

This is a non-cash director compensation grant (a derivative option award) and does not indicate an immediate purchase or sale of stock. Vesting is time-based (quarterly) and includes a change-in-control acceleration provision. The filing records show $0.00 for the transaction value; intrinsic or fair-market value and the option exercise price (if any) are not provided in the Form 4.

Form 4

Period: 2026-05-15

Director

Transactions

Award
Non-Employee Director Stock Option (Right to Buy)
[F1]
2026-05-15+732→ 732 total
Exercise: $247.70From: 2026-08-15Exp: 2036-05-15→ Common Stock (732 underlying)

Holdings

Footnotes (1)

[F1]The option will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the earlier of the last day of the fourth three-month period following its date of grant or the company's next annual meeting date; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full. The date listed in the Date Exercisable column represents the first vesting date.

Signature

/s/ Corinne Lawson, as Attorney-in-Fact for Shari L. Ballard|2026-05-19

1 file