Form 4: Danaher Corp Director Linda Filler Reports Acquisition of Phantom Shares

Director Linda Filler reports acquisition of phantom shares in Danaher Corp's common stock through a deferred compensation plan.

Summary

• On April 25, 2025, Linda Filler, a director of Danaher Corp, reported the acquisition of 14.385 phantom shares of Danaher common stock.
• These shares were acquired through the Non-Employee Directors Deferred Compensation Plan.
• The price per share was $197.14, based on the closing price of Danaher's common stock on the NYSE on the transaction date.
• Following the transaction, Filler beneficially owns 8,876.235 shares of Danaher common stock.
• Filler has also granted James F. O'Reilly and Zohaib Khalid power of attorney to execute and file Forms 3, 4, and 5 on her behalf.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it demonstrates continued investment in the company by a director.

Positives

• The acquisition of phantom shares reflects Filler's continued investment in Danaher Corp.
• The deferred compensation plan allows directors to align their interests with the long-term performance of the company.

Future Outlook

The document does not contain specific forward-looking statements regarding Danaher Corp's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency regarding the alignment of director interests with shareholder value.

Comparison to Industry Standards

• Deferred compensation plans for non-employee directors are a common practice among publicly traded companies, including Danaher's peers such as Thermo Fisher Scientific and Abbott Laboratories.
• The structure of Danaher's plan, which converts deferred fees into notional shares, is similar to those offered by other large corporations to align director compensation with company stock performance.
• The reporting requirements under Section 16(a) of the Securities Exchange Act are standard practice for directors and officers of publicly traded companies, ensuring transparency in their transactions involving company stock.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's stock performance.
• The deferred compensation plan provides a benefit to the director, Linda Filler, by allowing her to defer income and potentially benefit from future stock appreciation.

Key Dates

Keywords

Danaher Corp, Linda Filler, phantom shares, Form 4, director, deferred compensation, beneficial ownership, SEC, DHR