Althoff Judson 4
4 · ECOLAB INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Ecolab (ECL) Director Judson Althoff Receives 732-Share Option Award
What Happened Judson Althoff, a director of Ecolab Inc. (ECL), received a derivative award on 2026-05-15: an option covering 732 shares. The Form 4 reports the grant price as $0.00 (no cash exchanged at grant) and the transaction is coded as an award/grant (A). This is a grant of rights to acquire shares in the future rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (timely filing — within required 2 business days).
- Grant: option to acquire 732 shares; reported price $0.00; total reported value $0.
- Shares owned after transaction: not specified in the filing.
- Footnote: option vests cumulatively — 25% at the end of each of the first, second and third three-month periods after grant, with remaining shares vesting at the earlier of the end of the fourth three-month period or the company's next annual meeting; option becomes fully exercisable immediately upon a defined Change in Control.
- Transaction type: Derivative award (coded A) — not an immediate purchase or sale.
Context This is a standard director equity award that vests over a short multi-quarter schedule; it does not represent an immediate purchase or sale of company stock. For retail investors, such grants are routine compensation and are different from purchases (which can be interpreted as a direct purchase signal) or exercises followed by immediate sales.
Insider Transaction Report
- Award
Non-Employee Director Stock Option (Right to Buy)
[F1]2026-05-15+732→ 732 totalExercise: $247.70From: 2026-08-15Exp: 2036-05-15→ Common Stock (732 underlying)
- 1,139.93
Common Stock
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.