Stevens Raymond C 4

What Happened

• Raymond C. Stevens, a Danaher director, was credited with 158.547 notional (derivative/phantom) shares on 2026-01-30 under the Non‑Employee Directors Deferred Compensation Plan. The award is reported at a per-share value of $218.89, for a total reported value of $34,704. This is an award/deferral of director fees, not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-01-30 at $218.89 (closing NYSE price used to calculate notional shares).
• Amount: 158.547 notional shares; total value reported $34,704.
• Nature: Derivative/phantom shares credited under the directors' deferred compensation plan (transaction code A = award/acquisition).
• Conversion: On distribution the phantom shares convert one-for-one into Danaher common stock (per filing footnote).
• Vesting: The reporting person is fully vested in amounts under the plan.
• Filing timeliness: Form 4 filed 2026-02-03 — within the standard two-business-day Form 4 reporting window.
• Shares owned after transaction: Not specified on the Form 4.

Context

• This is a routine non‑cash director compensation deferral (phantom/notional shares) rather than a purchase or sale of stock; upon future distribution these notional shares will convert into actual Danaher shares one-for-one. Such awards reflect compensation election mechanics and do not by themselves indicate insider buying or selling intent.