Form 4: Director Raymond Stevens Increases Danaher Phantom Shares
Statement of Changes in Beneficial Ownership
Danaher Corporation director Raymond C. Stevens acquired 199.26 phantom shares through the company's deferred compensation plan.
Summary
- Director Raymond C. Stevens acquired 199.26 phantom shares of Danaher Corporation common stock.
- The transaction occurred on April 24, 2026, at a price of $177.25 per share.
- These shares were acquired under the Non-Employee Directors Deferred Compensation Plan.
- Following this transaction, the reporting person holds a total of 7,246.286 phantom shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing reflecting standard director compensation practices.
Positives
- Demonstrates continued alignment of director interests with shareholders through the deferred compensation plan.
Negatives
- None identified; this is a routine administrative transaction related to director compensation.
Risks
- Value of phantom shares is subject to the market performance of Danaher Corporation common stock.
Future Outlook
Not applicable; this is a retrospective disclosure of a director compensation transaction.
Industry Context
StockSavvy.ai notes that this filing represents standard corporate governance activity where directors elect to receive compensation in equity-linked instruments, a common practice among S&P 500 companies to ensure long-term incentive alignment.
Comparison to Industry Standards
- The use of deferred compensation plans for non-employee directors is a standard practice among large-cap industrial and life sciences companies like Danaher.
- The one-for-one conversion of phantom shares to common stock is consistent with typical executive and director compensation structures.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation transaction.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/24/2026 | Date of the phantom share acquisition transaction. |
| 04/28/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Danaher, DHR, Form 4, Insider Trading, Director Compensation, Deferred Compensation
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