Boone Jandeen M 4

What Happened
Boone Jandeen M, Executive Vice President, General Counsel & Secretary of Ecolab (ECL), had 593 performance-based restricted stock units (RSUs) vest on Feb 18, 2026 (reported as an award/grant). To cover the minimum statutory tax withholding, 200.801 of those shares were withheld/ disposed at $303.15 per share, yielding $60,873. Net shares added to his position from this vesting were about 392.199 shares. The gross market value of the vested 593 shares at $303.15 was roughly $179,768.

Key Details

• Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely filing).
• Award (A): 593 shares @ $0.00 (RSU vesting).
• Tax withholding (F): 200.801 shares disposed @ $303.15 — proceeds $60,873.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: Withholding reflects payment of minimum statutory tax obligations by withholding shares incident to vesting of performance-based RSUs (per Rule 16b-3).
• Transaction type: Award/vesting with administrative tax withholding (not an open-market sale).

Context
This is a routine RSU vesting and tax-withholding event — common executive compensation mechanics. The withholding is an administrative disposition to satisfy taxes and does not necessarily indicate the insider is selling shares on the open market. Purchases typically carry more informational weight for bullish signals; this filing documents compensation vesting and associated tax withholding.