Form 4: Danaher Executive Vice President Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher Paul Riley, an Executive Vice President at Danaher Corp, reported changes in beneficial ownership of company stock due to tax withholding and a company contribution to a deferred compensation program.
Summary
- On February 3, 2025, Christopher Paul Riley, an Executive Vice President at Danaher Corp, reported a transaction involving the withholding of 3,074 shares of common stock for tax purposes related to the distribution of performance-based restricted stock units at a price of $214.26.
- Following this transaction, Riley directly owns 11,497 shares of Danaher common stock.
- Additionally, on February 1, 2025, Riley acquired 341 notional shares of Danaher common stock through the company's annual contribution to the Danaher stock fund in his deferred compensation program at a price of $222.74.
- Riley now holds 4,465.516 notional shares in the Danaher Deferred Compensation Programs Danaher Stock Fund.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.
Positives
- The company's contribution to the deferred compensation program is a positive benefit for the executive.
- The executive continues to hold a significant number of shares, indicating alignment with the company's success.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
- The deferred compensation program impacts employees participating in the program.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of company contribution to Danaher Deferred Compensation Programs Danaher Stock Fund. |
| 02/03/2025 | Date of transaction involving withholding of shares for tax purposes. |
| 02/04/2025 | Date of signature of the report. |
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