Zerhouni Elias A. 4
4 · DANAHER CORP /DE/ · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Danaher (DHR) Director Elias A. Zerhouni Receives 200.506 Shares
What Happened
Elias A. Zerhouni, a Danaher director, was credited with 200.506 notional/phantom shares (derivative securities) on 2026-01-30 under Danaher's Non‑Employee Directors Deferred Compensation Plan. The transaction is recorded at a closing price of $218.89 per share, reflecting a total value of $43,889. This was an award/acquisition under the deferred compensation plan (not an open‑market purchase or sale).
Key Details
- Transaction date and price: 2026-01-30 at $218.89 per share.
- Shares received: 200.506 derivative/phantom shares; total value $43,889.
- Shares owned after transaction: not specified in the filing.
- Footnotes: (1) Amounts represent deferred cash director fees converted into notional shares using the closing stock price; (2) phantom (notional) shares convert one-for-one into Danaher common stock upon distribution; (3) the reporting person is fully vested in amounts deferred under the Plan.
- Filing date: Form 4 filed 2026-02-03. The filing shows the acquisition date as 2026-01-30 and contains no indication of a late/untimely report.
Context
This is a routine director compensation event—deferred cash fees converted into notional (phantom) shares under the company plan. These derivative notional shares are not an immediate open-market purchase and will convert to actual shares on distribution; the filing does not imply any particular market view by the director.
Insider Transaction Report
- Award
Phantom shares
[F1][F2][F3]2026-01-30$218.89/sh+200.506$43,889→ 18,212.564 totalExercise: $0.00→ Common Stock (200.506 underlying)
Footnotes (3)
- [F1]Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation 2007 Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees s/he is entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.
- [F2]Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
- [F3]The reporting person is fully vested in all amounts deferred under the Plan.