Form 4: Danaher Corp Executive R. Bradley Gray Reports Acquisition of Shares Through Deferred Compensation Program
SEC Form 4 Filing
R. Bradley Gray, SVP Strategic Development at Danaher Corp, reports the acquisition of 6 shares of Danaher common stock through the company's deferred compensation program on February 1, 2025.
Summary
- On February 1, 2025, R. Bradley Gray, SVP Strategic Development at Danaher Corp, acquired 6 shares of Danaher common stock.
- The acquisition was part of Danaher's deferred compensation program, specifically the annual contribution to the Danaher stock fund.
- These contributions are deemed to be invested in notional shares of Danaher common stock.
- The price per share was $222.74, based on the closing price on the NYSE on the date the shares were credited.
- The notional shares convert on a one-for-one basis into common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. It reflects a routine transaction related to executive compensation, indicating alignment of interests between management and shareholders. There are no negative implications.
Positives
- The acquisition reflects continued participation in Danaher's deferred compensation program by a key executive.
- The deferred compensation program allows executives to accumulate company stock, aligning their interests with shareholders.
Industry Context
Executive compensation and stock ownership are common practices in publicly traded companies to align management interests with shareholder value. Deferred compensation programs are a typical component of executive pay packages.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning executive interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of transaction: Acquisition of 6 shares of Danaher common stock through deferred compensation program. |
| 03/05/2025 | Date of report filing. |
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