Form 4: Danaher Corp Director Zerhouni Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Elias A. Zerhouni reports acquisition of phantom shares convertible to Danaher common stock through a deferred compensation plan.
Summary
- Elias A. Zerhouni, a director of Danaher Corp, reported a transaction involving phantom shares.
- On January 31, 2025, Zerhouni acquired 186.386 phantom shares under the Non-Employee Directors Deferred Compensation Plan.
- These phantom shares are convertible into Danaher common stock on a one-for-one basis upon distribution.
- The price of Danaher's common stock on the transaction date was $222.74.
- Following the transaction, Zerhouni beneficially owns 17,374.051 shares of Danaher common stock directly.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't convey any specific positive or negative sentiment about the company's performance or prospects.
Positives
- The acquisition of phantom shares reflects Zerhouni's continued investment in Danaher Corp.
- The deferred compensation plan allows directors to align their interests with the long-term performance of the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the investment activities of company directors.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders.
- It provides transparency to shareholders regarding director compensation and investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of transaction: Acquisition of phantom shares. |
| 02/04/2025 | Date of report filing. |
Keywords
Danaher, Zerhouni, Director, Phantom Shares, Deferred Compensation, Form 4, Beneficial Ownership
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