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

Elisabeth A. Hellmann reports the disposition of Masimo Corporation equity holdings following the company's acquisition by Danaher Corporation.

Summary

• Masimo Corporation was acquired by Danaher Corporation on June 10, 2026.
• The acquisition was executed via a merger agreement dated February 16, 2026.
• Common stock was converted into the right to receive $180.00 per share in cash.
• Outstanding stock options and performance-based restricted stock units (PSUs) were canceled and converted into cash payments based on the $180 per share consideration.
• Restricted stock units (RSUs) were assumed by Danaher and converted into Danaher RSU equivalents.

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.
• Successful completion of the merger transaction with Danaher Corporation.

Negatives

• The reporting person no longer holds any direct beneficial ownership in Masimo Corporation following the merger.

Risks

• The company is now a wholly owned subsidiary of Danaher Corporation, eliminating independent public trading status.

Future Outlook

Masimo Corporation is now a wholly owned subsidiary of Danaher Corporation; no further independent guidance 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 and sensor technologies.

Comparison to Industry Standards

• The $180 per share cash-out represents a definitive exit event for public shareholders.
• The conversion of equity awards into parent company instruments is standard practice in large-cap M&A transactions.

Stakeholder Impact

• Shareholders have been cashed out at $180 per share.
• Employees holding equity awards have had their holdings converted to Danaher instruments or cash.

Next Steps

• Delisting of Masimo Corporation common stock from public exchanges.

Key Dates

Keywords

Masimo, Danaher, Merger, Acquisition, Form 4, Insider Transaction, Equity Conversion