Form 4: Danaher Corp Executive Matthew McGrew Reports Stock Option Grant
SEC Form 4 Filing
Matthew McGrew, EVP & Chief Financial Officer of Danaher Corp, reports the acquisition of employee stock options.
Summary
- On March 1, 2024, Matthew McGrew, EVP & Chief Financial Officer of Danaher Corp, was granted employee stock options to purchase 20,937 shares of Danaher common stock at an exercise price of $255.87.
- The options vest in two equal installments on the third and fourth anniversaries of the grant date, March 1, 2024.
- Following the transaction, McGrew directly owns 20,937 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, indicating a neutral sentiment.
Positives
- The grant of stock options aligns the executive's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions.
Stakeholder Impact
- The stock option grant incentivizes the executive to improve company performance, potentially benefiting shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock option grant |
| 03/01/2024 | Vesting start date |
| 03/01/2034 | Expiration date of stock options |
| 03/05/2024 | Date of Form 4 filing |
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