Ecolab Director Lionel L. Nowell III Receives Quarterly Stock Award
ECOLAB INC.
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Filing Summary
=== SEC FORM 4: ECOLAB INC. (ECL) ===
Insider: Lionel L. Nowell III
Role: Director
Date: 2026-09-30
Type: Award / Acquisition (A)
Shares: 131.17
Price: $0.00
Total Value: $0.00
Owned After: 6,922.15 shares
Significance: Low (Routine Director Compensation)
Comprehensive Analysis
Transaction Summary
On September 30, 2026, Ecolab Inc. (NYSE: ECL) Director Lionel L. Nowell III acquired 131.17 shares of Common Stock at an exercise price of $0.00 per share under transaction code 'A' (Grant/Award). Following this transaction, Nowell directly holds 6,922.15 shares of Ecolab common stock, which includes 17.91 shares acquired via a dividend reinvestment feature under the company's 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
Market Impact & Significance
This transaction represents routine equity-based director compensation (often issued quarterly in lieu of or alongside retainer fees) rather than an open-market purchase or sale. Because no cash outlay was made and the transaction is part of standard board compensation schedules, it holds Low informational significance for investors and does not indicate a shift in insider sentiment.
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Important Disclaimer
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