EVP & PRES - GLOBAL WATER Alfano sells 9,501 shares (66.8% reduction) of ECL at $303.58, reducing holdings to 4,721 shares; stock near 52-week high.
Alfano Nicholas J., EVP & President of Global Water, sold 9,501 shares for $2,884,313.58, representing a 66.8% reduction in his ECL holdings from 14,222 to 4,721 shares. The sale occurred at $303.58, very close to the 52-week high of $303.80 and significantly above the current price of $302.59. His prior two sales at ECL (May 2025 at +5.2% 30-day return and November 2023 at +4.6% 30-day return) both resulted in positive 90-day returns (5.0% and 18.7% respectively), indicating the stock continued rising after his previous exits—a pattern of poorly-timed sells at this ticker. Against this backdrop, a substantial reduction in an executive's core holdings at near-peak valuation warrants close observation of whether circumstances have shifted materially at the company or in his role.