Zerhouni Elias A. 4

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.