Form 4: Danaher Corp Director Teri List Reports Acquisition of Phantom Shares

Director Teri List reports acquiring phantom shares of Danaher Corp through a deferred compensation plan.

Summary

• On January 31, 2025, Teri List, a director of Danaher Corp, acquired 9.197 phantom shares through the Non-Employee Directors Deferred Compensation Plan.
• These phantom shares are based on deferred cash director fees and dividend accruals, converted into notional shares of Danaher common stock.
• The conversion is calculated based on the closing price of Danaher's common stock on the quarterly date the fees would have been paid.
• The price per share on the transaction date was $222.74.
• Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis, and the reporting person is fully vested in all amounts deferred under the Plan.
• Following the transaction, Teri List beneficially owns 7,596.49 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests.

Positives

• The director's participation in the deferred compensation plan aligns her interests with those of the shareholders.
• The director is fully vested in all amounts deferred under the plan.

Industry Context

Directors often participate in deferred compensation plans as part of their overall compensation package, aligning their interests with the long-term performance of the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates