Form 4: Director Stevens Acquires Phantom Shares in Danaher Corp Through Deferred Compensation Plan

Director Raymond C. Stevens acquired phantom shares of Danaher Corp common stock through the company's Non-Employee Directors Deferred Compensation Plan on July 26, 2024.

Summary

• Raymond C. Stevens, a director of Danaher Corp, acquired phantom shares of the company's common stock on July 26, 2024.
• The acquisition was made through the Non-Employee Directors Deferred Compensation Plan.
• 119.985 phantom shares were acquired at a price of $273.19 per share.
• These phantom shares are convertible into common stock on a one-for-one basis upon distribution.
• Following the transaction, Stevens beneficially owns 6,102.067 shares of Danaher common stock.
• The reporting person is fully vested in all amounts deferred under the Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it shows director alignment with company performance.

Positives

• The acquisition of phantom shares demonstrates the director's continued investment in the company's future.

Industry Context

This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.

Comparison to Industry Standards

• Director compensation plans, including deferred compensation and phantom stock awards, are common practices among publicly traded companies to align the interests of directors with those of shareholders.
• Companies like Siemens, Roche, and Thermo Fisher Scientific also utilize similar compensation strategies for their board members.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates