Form 4: Ecolab CFO Scott Kirkland Reports Changes in Beneficial Ownership

Scott Kirkland, CFO of Ecolab, filed a Form 4 disclosing the acquisition and disposal of Ecolab common stock, including shares withheld for tax obligations related to vesting restricted stock units.

Summary

• On February 19, 2025, Scott D. Kirkland, CFO of Ecolab Inc., reported changes in his beneficial ownership of Ecolab common stock.
• He acquired 3,866 shares of common stock at $0.
• He disposed of 1,206.461 shares at a price of $265.185 to cover minimum statutory tax obligations related to the vesting of performance-based restricted stock units.
• Following these transactions, Kirkland directly owns 10,860.846 shares of Ecolab common stock.
• Kirkland also indirectly owns 1,411.04 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2025, equivalent to approximately 2,588 shares.
• He acquired 14.090 units since his last report.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, reflecting routine transactions related to executive compensation and tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives, as mandated by the SEC.
• The transactions reported are typical for executives receiving stock-based compensation and managing their tax obligations.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Ecolab, Scott Kirkland, CFO, Common Stock, Securities, Transactions