Form 4: Danaher Director Zerhouni Acquires Phantom Shares Through Deferred Compensation Plan

Director Elias A. Zerhouni acquired phantom shares of Danaher Corp. through the Non-Employee Directors Deferred Compensation Plan.

Summary

• Elias A. Zerhouni, a director of Danaher Corp, acquired phantom shares of the company's common stock on April 25, 2025.
• The acquisition was made through the Non-Employee Directors Deferred Compensation Plan.
• A total of 221.592 phantom shares were acquired at a price of $197.14 per share.
• Following the transaction, Zerhouni beneficially owns 17,595.643 shares of Danaher common stock.
• The phantom shares convert into shares of Danaher common stock on a one-for-one basis upon distribution.
• Zerhouni is fully vested in all amounts deferred under the Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the deferred compensation plan indicates confidence in the company, but it's a routine transaction.

Positives

• The director's participation in the deferred compensation plan demonstrates confidence in the company's future performance.

Future Outlook

Not explicitly mentioned, but participation in the deferred compensation plan suggests a positive outlook from the director.

Industry Context

Directors often use deferred compensation plans as part of their overall compensation strategy, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom shares acquired through a deferred compensation plan.

Key Dates

Keywords

Danaher, Director, Zerhouni, Phantom Shares, Deferred Compensation, Form 4, Beneficial Ownership