Form 4: Danaher Corp Executive Brian W. Ellis Reports Changes in Beneficial Ownership

Senior Vice President Brian W. Ellis reports a transaction involving the withholding of shares for tax purposes and an annual company contribution to a deferred compensation program.

Summary

• On February 3, 2025, Brian W. Ellis, Senior Vice President GC of Danaher Corp, had 5,677 shares of common stock withheld for tax purposes at a price of $214.26.
• Following this transaction, Ellis directly owns 14,553 shares of Danaher common stock.
• On February 1, 2025, Ellis acquired 240 notional shares of Danaher stock fund through the company's deferred compensation program at a price of $222.74 per share, bringing the total to 6,673.577 notional shares.
• These notional shares convert on a one-for-one basis into common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to executive compensation and tax obligations. There are no indications of significant positive or negative developments.

Positives

• The company's annual contribution to the Danaher stock fund in the reporting person's account under one or more of the plans that form part of Danaher's deferred compensation program.

Future Outlook

The vesting terms and manner and form of distribution of amounts contributed or deferred under the program are based upon the provisions of the respective plan, which provisions are summarized in the latest Danaher Corporation annual meeting proxy statement on Schedule 14A as filed with the Securities and Exchange Commission.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and their potential impact on the stock's performance.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and tax obligations.

Key Dates