Form 4: Ecolab EVP & CSCO Machiel Duijser Reports Stock Transactions
SEC Form 4 Filing
Ecolab's EVP & CSCO, Machiel Duijser, reports acquisition and disposal of company stock related to vesting of performance-based restricted stock units.
Summary
- On February 19, 2025, Machiel Duijser, EVP & CSCO of Ecolab Inc., reported transactions involving Ecolab common stock.
- Duijser acquired 2,651 shares of common stock at $0.
- Duijser disposed of 824.322 shares at a price of $265.185.
- Following these transactions, Duijser beneficially owns 5,600.678 shares of Ecolab common stock.
- The disposal of shares was to cover minimum statutory tax obligations related to the vesting of performance-based restricted stock units.
- Duijser has granted power of attorney to Jandeen M. Boone, Theresa E. Corona, David F. Duvick, Youhao Dong and Corinne Lawson to handle SEC filings related to Ecolab securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| December 12, 2024 | Date of execution of Power of Attorney. |
| February 19, 2025 | Date of stock acquisition and disposal. |
| February 21, 2025 | Date of signature for the Form 4 filing. |
Keywords
Ecolab, Machiel Duijser, Stock Transactions, Form 4, SEC Filing, Beneficial Ownership, Power of Attorney, Restricted Stock Units, Tax Obligations
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.