Form 4: Ecolab Director Shari L. Ballard Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Shari L. Ballard reports changes in Ecolab Inc. beneficial ownership due to stock acquisitions through dividend reinvestment.
Summary
- On December 31, 2024, Shari L. Ballard, a director of Ecolab Inc., reported changes in beneficial ownership of Ecolab's common stock.
- The transactions involved the acquisition of common stock through dividend reinvestment.
- Ballard acquired 143.83 shares of common stock at an unspecified price.
- Additionally, 16.32 shares were acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
- Following these transactions, Ballard's total beneficial ownership of Ecolab common stock is 7,994.48 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The director increased their holdings in the company, which could be interpreted as a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The change in ownership is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 2024-12-05 | Date of Power of Attorney execution. |
| 2024-12-31 | Date of the reported transactions (stock acquisition). |
| 2025-01-03 | Date of signature for the Form 4 filing. |
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