Form 4: Linda Filler, Danaher Corp Director, Reports Acquisition of Phantom Shares

Director Linda Filler reports acquiring phantom shares of Danaher Corp through a deferred compensation plan.

Summary

• Linda Filler, a director of Danaher Corp, filed a Form 4 disclosing a transaction involving phantom shares.
• On October 25, 2024, Filler acquired 9.728 phantom shares through the Non-Employee Directors Deferred Compensation Plan.
• These phantom shares are based on deferred cash director fees and dividend accruals, converted into notional shares of Danaher common stock.
• The conversion price was $245.39 per share, based on the closing price of Danaher's common stock on the transaction date.
• Filler now holds 8,851.121 phantom shares.
• The phantom shares convert into shares of Danaher common stock on a one-for-one basis upon distribution, and Filler is fully vested in all deferred amounts.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.

Positives

• The acquisition of phantom shares reflects Filler's continued investment in Danaher Corp.
• The deferred compensation plan aligns director interests with shareholder value.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates