The insider sales are routine and immaterial relative to ECL's $80B market cap. No bearish signal. Monitor next quarterly filing for any fundamental changes, but this cluster alone does not warrant a trading action.
Price Chart
Executive Summary
ECL's CEO and Co-COO sold a combined $6.31M in open-market sales over a one-week window. The CEO's $5M sale is the largest insider transaction at the company in the past 30 days. While the dollar amount is large in absolute terms, it represents only ~0.008% of ECL's $80.1B market cap, making it trivial relative to company size. Per academic literature, cluster sales are weak predictors of future returns, and this cluster is likely driven by routine portfolio diversification rather than a bearish signal on the business.
Key Financial Metrics
Key Facts
- CEO Christophe Beck sold 17,862 shares at $280.14 for $5.0M on 2026-08-18
- Co-COO Gregory B. Cook sold 4,600 shares at $285.13 for $1.3M on 2026-08-11
- Total insider sales of $6.31M represent ~0.008% of ECL's $80.1B market cap
- Both transactions were open-market sales (Code S)
- No insider purchases were reported in the cluster window
Financial Impact
$6.31M in insider sales, representing 0.008% of market cap — economically trivial
Risk Factors
- CEO selling near all-time highs could be interpreted negatively by retail investors
- Cluster sales may attract media attention despite being economically trivial
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ECL-1787292340350 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | Insider Buy | $274.60 $276.22 | ▲ +0.59% | ▼ −1.54% | $274.55 (−0.02%) |
Aug 20, 2026 6w ago | Insider Cluster | $281.48 $285.91 | ▲ +1.57% | ▲ +0.46% | $274.55 (−2.46%) |
Jul 28, 2026 9w ago | 8-K | $282.90 $279.43 | ▼ −1.23% | ▼ −3.50% | $274.55 (−2.95%) |
Jun 16, 2026 15w ago | Institutional Cluster | $273.87 $268.66 | ▼ −1.90% | ▲ +0.33% | $274.55 (+0.25%) |
Jun 15, 2026 15w ago | Insider Cluster | $273.87 $268.66 | ▼ −1.90% | ▲ +0.33% | $274.55 (+0.25%) |
May 29, 2026 17w ago | 8-K | $250.47 $257.97 | ▲ +2.99% | ▲ +5.74% | $274.55 (+9.61%) |
May 20, 2026 19w ago | 424B5 | $250.18 $256.00 | ▲ +2.33% | ▲ +0.48% | $274.55 (+9.74%) |
May 19, 2026 19w ago | 424B5 | $245.73 $265.03 | ▲ +7.85% | ▲ +5.61% | $274.55 (+11.73%) |
Apr 15, 2026 24w ago | 8-K | $269.23 $271.45 | ▲ +0.82% | ▼ −0.16% | $274.55 (+1.97%) |
Mar 20, 2026 27w ago | DEFA14A | $261.13 $262.49 | ▲ +0.52% | ▲ +4.08% | $274.55 (+5.14%) |
US Market Status
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