Form 4: Linda Filler Receives Stock Options and Restricted Stock Units from Danaher Corp
SEC Form 4 Filing
Director Linda Filler reports the acquisition of stock options and restricted stock units (RSUs) from Danaher Corporation on May 15, 2025.
Summary
- Linda Filler, a director of Danaher Corp, reported a transaction on May 15, 2025.
- Filler acquired 577 shares of common stock through restricted stock units (RSUs) at a price of $0.
- These RSUs vest on the earlier of the first anniversary of the grant date or the date immediately prior to the next annual meeting of Danaher's shareholders.
- The underlying shares are not issued until the earlier of the director's death or the first day of the seventh month following the director's retirement from the Board.
- Filler also acquired a director stock option (right to buy) for 1,478 shares of common stock at an exercise price of $190.95, exercisable from May 15, 2025, and expiring on May 15, 2035.
- Following these transactions, Filler directly owns 23,972.235 shares of common stock and indirectly owns 21,590 shares through a trust.
- Filler also directly owns options for 1,478 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock options and RSU grants, indicating standard compensation practices.
Positives
- The acquisition of RSUs and stock options suggests confidence in Danaher's future performance from the perspective of a company director.
Future Outlook
The vesting schedule of the RSUs is tied to the annual meeting of Danaher's shareholders, indicating a link between director compensation and company performance.
Industry Context
Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in company stock. These filings are closely watched by investors for signals about management's view of the company's prospects.
Comparison to Industry Standards
- Stock option grants and RSU awards are common compensation practices for directors in publicly traded companies like Danaher.
- Companies such as Siemens, Roche, and Abbott Laboratories also utilize similar equity-based compensation for their board members.
- The vesting schedules and exercise prices are generally aligned with industry norms to incentivize long-term value creation.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment as it indicates a director's alignment with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the transaction: grant of restricted stock units and stock options. |
| 05/15/2025 | Date the director stock option becomes exercisable. |
| 05/15/2035 | Expiration date of the director stock option. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Danaher Corp, Linda Filler, Form 4, RSUs, Stock Options, Beneficial Ownership, Director
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