ECOLAB INC.·4

Apr 2, 4:55 PM ET

Doukeris Michel D 4

Research Summary

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Ecolab (ECL) Director Michel D. Doukeris Receives 137.82 Shares

What Happened
Michel D. Doukeris, a director of Ecolab Inc. (ECL), was granted 137.82 shares on 2026-03-31 as an award/other acquisition. The shares were reported at $0.00 per share (total reported value $0), indicating these were issued as compensation/award rather than a market purchase.

Key Details

  • Transaction date and price: 2026-03-31; 137.82 shares @ $0.00 (total $0).
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: Includes 0.81 shares acquired via the dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
  • Filing: Report filed 2026-04-02; appears to be filed within the typical two-business-day Form 4 window.

Context
This was an award/grant to a non-employee director under a director compensation plan — a routine form of equity compensation for board members. Awards at no cash cost are common for director pay and do not, by themselves, indicate the insider’s view on the company’s stock.