ECOLAB INC. — Director's Dealing 2024

Nov 15, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2024-11-13

Reporting Person: HIGGINS ARTHUR J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-13	Common Stock	M	2000	$125.665	Acquired	28201.02	Direct
2024-11-13	Common Stock	S	2000	$249.811	Disposed	26201.02	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-13	Non-Employee Stock Option (Right to Buy)	$125.665	M	2000	Disposed	2027-05-04	Common Stock (2000)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $249.790 to $249.830, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant. The date listed in the "Date Exercisable" column represents the first vesting date.