Form 4: Masimo Corp Acquired by Danaher for $180 Per Share

Director Timothy J. Scannell reports the disposal of Masimo Corporation common stock and RSUs following the company's acquisition by Danaher Corporation.

Summary

• Masimo Corporation completed a merger with a subsidiary of Danaher Corporation on June 10, 2026.
• Director Timothy J. Scannell disposed of 2,608 shares of common stock at a price of $180.00 per share.
• The director also had 1,119 restricted stock units (RSUs) canceled and converted into the right to receive $180.00 per share in cash.
• Following the transaction, the reporting person holds zero shares of Masimo Corporation.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing confirming the completion of a previously announced merger.

Positives

• Shareholders received a cash consideration of $180.00 per share, representing the final exit value of the equity.

Negatives

• The company has ceased to be an independent publicly traded entity as it is now a wholly owned subsidiary of Danaher Corporation.

Risks

• No ongoing risks as the company has been acquired and delisted.

Future Outlook

The company is now a wholly owned subsidiary of Danaher Corporation; no independent future outlook is provided.

Management Comments

• The transaction was executed pursuant to the Agreement and Plan of Merger dated February 16, 2026.

Industry Context

StockSavvy.ai notes that this acquisition represents a significant consolidation in the medical technology sector, with Danaher expanding its portfolio through the absorption of Masimo's monitoring technologies.

Comparison to Industry Standards

• The $180 per share cash-out is a definitive exit event, consistent with standard M&A practices in the healthcare technology space.

Legal Proceedings

• The merger was conducted pursuant to the Agreement and Plan of Merger dated February 16, 2026.

Stakeholder Impact

• Shareholders have been cashed out at $180 per share.
• Employees and management transition to being part of the Danaher Corporation organization.

Next Steps

• Final delisting of Masimo Corporation common stock from public exchanges.

Key Dates

Keywords

Masimo, Danaher, Merger, Acquisition, Form 4, Insider Transaction, Exit