Form 4: Ecolab Director Michael Larson Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Director Michael Larson exercised stock options and sold shares of Ecolab common stock on March 14, 2024.
Summary
- On March 14, 2024, Michael Larson, a director of Ecolab Inc., exercised non-employee stock options to acquire 2,400 shares of Ecolab common stock at a price of $104.85 per share.
- Following the exercise of the options, Larson disposed of 1,119 shares to cover the exercise price at $224.745.
- After these transactions, Larson directly owns 14,998.24 shares of Ecolab common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies like Ecolab. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it represents a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 08/08/2014 | Date of grant for the non-employee stock option. |
| 03/14/2024 | Date of transaction: exercise of stock options and sale of shares. |
| 03/15/2024 | Date of signature for the Form 4 filing. |
| 05/08/2024 | Expiration date of the non-employee stock option. |
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