Form 4: Danaher Corp Director Zerhouni Acquires Phantom Shares Through Deferred Compensation Plan
SEC Form 4
Director Elias A. Zerhouni acquired phantom shares of Danaher Corp through the Non-Employee Directors Deferred Compensation Plan.
Summary
- Elias A. Zerhouni, a director of Danaher Corp, acquired phantom shares of the company's common stock on October 25, 2024.
- The acquisition was made through the Non-Employee Directors Deferred Compensation Plan.
- 168.996 phantom shares were acquired at a price of $245.39 per share.
- Following the transaction, Zerhouni beneficially owns 17,187.664 shares of Danaher common stock.
- The phantom shares convert into shares of Danaher common stock on a one-for-one basis upon distribution.
- Zerhouni is fully vested in all amounts deferred under the Plan.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects a standard transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.
Positives
- The director's participation in the deferred compensation plan demonstrates confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This is a routine filing related to director compensation and does not necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/25/2024 | Date of transaction: Acquisition of phantom shares |
| 10/28/2024 | Date of signature on the Form 4 filing |
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