Form 4: Ecolab EVP Larry L. Berger Reports Stock Transactions
SEC Form 4 Filing
Ecolab's EVP & Chief Technical Officer, Larry L. Berger, reports acquisition and disposal of company stock due to vesting of restricted stock units and transactions within the Ecolab Savings Plan.
Summary
- Larry L. Berger, EVP & Chief Technical Officer of Ecolab Inc., filed a Form 4 on February 21, 2025, reporting changes in beneficial ownership of Ecolab stock.
- On February 19, 2025, Berger acquired 2,209 shares of common stock at $0 and disposed of 691.62 shares at $265.185 to cover tax obligations related to vesting of performance-based restricted stock units.
- Berger also reported indirect ownership of 75.452 units in the Ecolab Stock Fund of the Ecolab Savings Plan as of January 31, 2025, equivalent to approximately 138 shares.
- Following these transactions, Berger directly owns 15,744.38 shares of Ecolab common stock and indirectly owns 75.452 units through the Ecolab Savings Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Comparison to Industry Standards
- Monitoring insider transactions is a common practice in financial analysis to gauge management's sentiment and potential future performance.
- Comparing Ecolab's insider transactions with those of competitors like Procter & Gamble (PG) or Unilever (UL) can provide insights into relative valuation and outlook.
- Form 4 filings are publicly available and standardized, allowing for easy comparison across different companies and industries.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding insider activity.
- The transactions have a minimal impact on employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of Power of Attorney execution. |
| 01/31/2025 | Date of Ecolab Savings Plan units balance. |
| 02/19/2025 | Date of stock acquisition and disposal. |
| 02/21/2025 | Form 4 filing date. |
Keywords
Form 4, Ecolab, Stock, Berger, Ownership, Transactions, Securities, ECL
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