Form 4: Danaher Corp Director Stevens Reports Acquisition of Phantom Shares

Director Raymond C. Stevens reports acquiring phantom shares of Danaher common stock through a deferred compensation plan.

Summary

• Raymond C. Stevens, a director of Danaher Corp, filed a Form 4 on February 4, 2025, reporting a transaction on January 31, 2025.
• The transaction involved the acquisition of 147.858 phantom shares of Danaher common stock through the Non-Employee Directors Deferred Compensation Plan.
• These phantom shares were acquired as part of deferred director fees, which are converted into notional shares based on the closing price of Danaher's common stock on the payment date.
• The price of Danaher's common stock on January 31, 2025, was $222.74.
• Following the transaction, Stevens beneficially owns 6,383.987 phantom shares.
• The reporting person is fully vested in all amounts deferred under the Plan.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, indicating standard compensation practices. It doesn't inherently suggest positive or negative sentiment, but rather reflects ongoing operations.

Positives

• The acquisition of phantom shares reflects Stevens' participation in the company's deferred compensation plan, aligning his interests with those of shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred compensation for a director.

Key Dates