MacLennan David 4

What Happened

• David MacLennan, a director of Ecolab Inc. (ECL), was granted a derivative award on 2026-05-15 covering 732 option shares. The reported acquisition price is $0.00, indicating a stock‑option or similar equity grant rather than a cash purchase. No immediate cash value or sale was reported.

Key Details

• Transaction date: 2026-05-15; Form filed: 2026-05-19.
• Grant type: Award/derivative (stock option or similar); 732 shares; acquisition price reported as $0.00.
• Vesting: 25% vests at the end of each of the first, second and third three‑month periods after grant, with the remainder vesting by the end of the fourth three‑month period (or earlier at the company's next annual meeting). Option becomes fully exercisable immediately upon a defined Change in Control.
• Shares owned after transaction: not disclosed in the supplied filing details.
• Timeliness: Filed four days after the transaction date; Form 4s are typically due within two business days, so this filing appears to have been delayed.

Context

• This was a grant of a derivative award (options) to a non‑employee director, not an open‑market purchase or sale. Such grants are routine for director compensation and do not, by themselves, indicate buying or selling confidence. The award vests over roughly 12 months (with accelerated vesting on a Change in Control).