Form 4: Ecolab SVP Jennifer J. Bradway Reports Stock Transactions
SEC Form 4 Filing
Jennifer J. Bradway, SVP & Corporate Controller of Ecolab Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 25, 2024, Jennifer J. Bradway, SVP & Corporate Controller of Ecolab Inc., reported transactions involving Ecolab common stock.
- Bradway vested 183 restricted stock units, which converted into 183 shares of common stock.
- 56 shares were withheld to cover minimum statutory tax obligations related to the vesting of the restricted stock units at a price of $220.46.
- Following these transactions, Bradway directly owns 3,501.225 shares of Ecolab common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, and does not inherently convey 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 into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders, as they represent routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2021 | Reporting person was granted 183 restricted stock units, vesting as to 100% of the units on the third anniversary of the date of grant. |
| 02/25/2024 | Restricted stock units vested and shares were withheld for tax obligations. |
| 02/27/2024 | Date of Form 4 signature. |
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