Form 4: Ecolab Executive Laurie M. Marsh Reports Stock Transactions
SEC Form 4
Ecolab's EVP of Human Resources, Laurie M. Marsh, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On August 3, 2024, Laurie M. Marsh, EVP of Human Resources at Ecolab, reported transactions involving Ecolab common stock.
- Marsh acquired 4,305 shares of common stock upon the vesting of restricted stock units.
- Simultaneously, 1,964 shares were disposed of to cover minimum statutory tax obligations at a price of $238.125 per share.
- Following these transactions, Marsh beneficially owns 24,447 shares of Ecolab common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies like Ecolab.
Stakeholder Impact
- The transaction has a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/03/2022 | Date of grant of 12,915 restricted stock units. |
| 08/03/2024 | Transaction date: Vesting of restricted stock units and tax withholding. |
| 08/03/2024 | Date restricted stock units convert into common stock. |
| 08/03/2025 | Date of the third vesting of units from the grant of 12,915 restricted stock units. |
| 08/06/2024 | Date of signature of the report. |
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