Bradway Jennifer J 4

4 · ECOLAB INC. · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

Ecolab SVP J. Bradway Exercises Options, Sells Shares

What Happened

Jennifer J. Bradway, SVP & Corporate Controller of Ecolab Inc. (ECL), exercised stock options and sold shares on Feb 13, 2026. She exercised/converted options for 950 shares at an exercise price of $137.09 per share (total cash paid $130,233). On the same day she sold 613 shares in an open market transaction at $302.01 per share, receiving about $185,132. The filing also reports a related derivative conversion/disposition of 950 shares at $0 (reported as derivative).

Key Details

Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (timely filing).
Exercise: 950 shares at $137.09; cash paid ≈ $130,233.
Sale: 613 shares sold at $302.01; proceeds ≈ $185,132.
Reported derivative disposition: 950 shares @ $0 (reported as derivative; filing lists this separately).
Footnotes: F1 notes 11.55 shares from automatic dividend reinvestment included in totals under Rule 16a-11; F2 notes the option was granted under Ecolab’s 2010 Stock Incentive Plan with standard multi-year vesting (date listed is the first anniversary of grant).
Shares owned after the transactions are not specified in the excerpt provided.

Context

This was an option exercise (derivative conversion) combined with an immediate open-market sale of some shares. When insiders exercise options and sell shares the same day, it often reflects a cashless or partial cash-out of the exercised shares; the filing also shows a separate derivative disposition reported at $0, which commonly reflects shares surrendered/withheld in connection with exercises (e.g., to cover taxes or exercise costs) and is reported distinctly.
Sales are routine insider activity and do not, by themselves, indicate company health or insider sentiment.

Form 4

Period: 2026-02-13

SVP & CORPORATE CONTROLLER

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-13$137.09/sh+950$130,233→ 5,319.362 total
Sale
Common Stock
2026-02-13$302.01/sh−613$185,132→ 4,706.362 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
[F2]
2026-02-13−950→ 0 total
Exercise: $137.09From: 2018-12-06Exp: 2027-12-06→ Common Stock (950 underlying)

Footnotes (2)

[F1]The total includes 11.55 shares resulting from automatic dividend reinvestment in transactions exempt pursuant to Rule 16a-11 under Section 16 of the Securities Exchange Act of 1934.
[F2]Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option became or becomes exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining option shares on the third anniversary of the date of grant. The date listed is the first anniversary of the date of grant.

Signature

/s/ Corinne Lawson, as Attorney-in-Fact for Jennifer J. Bradway|2026-02-17

1 file