Form 4: Ecolab Executive Angela M. Busch Reports Stock Transactions
SEC Form 4 Filing
Ecolab's EVP Angela M. Busch reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 25, 2024, Angela M. Busch, EVP of Corporate Strategy & Business Development at Ecolab Inc., reported transactions involving Ecolab common stock.
- Ms. Busch vested 2,345 restricted stock units, which converted into an equal number of common stock shares.
- She also disposed of 728 shares to cover minimum statutory tax obligations at a price of $220.46 per share.
- Following these transactions, Ms. Busch beneficially owns 15,154 shares of Ecolab common stock and 2,345 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units.
Key Dates
| Date | Description |
|---|---|
| 02/25/2021 | Date of grant for 9,379 restricted stock units. |
| 02/25/2024 | Date of stock transactions: vesting of restricted stock units and tax withholding. |
| 02/25/2025 | Final vesting date for the remaining restricted stock units. |
| 02/27/2024 | Date of Form 4 signature. |
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