Form 4: Danaher Corp Director Alan G. Spoon Reports Acquisition of Restricted Stock Units and Stock Option
SEC Form 4
Director Alan G. Spoon reports acquisition of restricted stock units and a stock option in Danaher Corp.
Summary
- On May 15, 2025, Alan G. Spoon, a director of Danaher Corp, reported the acquisition of 577 restricted stock units (RSUs) and a stock option to purchase 1,478 shares of common stock.
- The RSUs were granted on May 15, 2025, and vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Danaher's shareholders.
- The underlying shares of the RSUs are not issued until the earlier of the director's death or the first day of the seventh month following the director's retirement from the Board.
- The stock option has an exercise price of $190.95, was granted on May 15, 2025, and expires on May 15, 2035.
- Following these transactions, Mr. Spoon directly owns 121,307.938 shares of Danaher common stock and indirectly owns 8,700 shares through an LLC.
- Mr. Spoon also holds a direct ownership of 1,478 director stock options.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction. The acquisition of shares and options by a director is generally viewed positively, but this is a standard part of compensation.
Positives
- The acquisition of RSUs and stock options by a director signals confidence in the company's future performance.
Future Outlook
The RSUs vest on the earlier of the first anniversary of the grant date or the date of the next annual meeting of Danaher's shareholders, indicating a future event tied to shareholder meetings.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices for board members.
Stakeholder Impact
- The acquisition of shares and options by a director can be viewed positively by shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of Power of Attorney execution. |
| 05/15/2025 | Date of transaction: Acquisition of restricted stock units and stock option. |
| 05/15/2025 | Date the director stock option (right to buy) was granted. |
| 05/15/2035 | Expiration date of the director stock option (right to buy). |
| 05/19/2025 | Date of Form 4 signature. |
Keywords
Form 4, Danaher Corp, Director, Alan G. Spoon, Restricted Stock Units, Stock Option, Beneficial Ownership, Securities Exchange Act
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