Form 4: Danaher Corp Executive Brian W. Ellis Sells 9,600 Shares
SEC Form 4 Filing
Senior Vice President and General Counsel of Danaher Corp, Brian W. Ellis, sold 9,600 shares of common stock at an average price of $275.16 on July 25, 2024.
Summary
- On July 25, 2024, Brian W. Ellis, Senior Vice President and General Counsel of Danaher Corp, sold 9,600 shares of Danaher's common stock.
- The shares were sold at a weighted average price of $275.16.
- The price range for the sales was between $275.080 and $275.205.
- Following the transaction, Ellis directly owns 20,230 shares of Danaher common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to consider the context of the sale, such as the executive's overall holdings and the company's performance.
Stakeholder Impact
- The sale of shares by a company executive may be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction: Brian W. Ellis sold 9,600 shares of Danaher Corp common stock. |
| 07/26/2024 | Date of signature: James F. O'Reilly, attorney-in-fact for Brian W. Ellis, signed the Form 4. |
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