List Teri 4
Research Summary
AI-generated summary
Danaher (DHR) Director Teri List Receives Phantom Share Award
What Happened
- Teri List, a Danaher director, received an award of 11.157 notional ("phantom") shares on 2026-01-30 at a closing price of $218.89, valued at approximately $2,442. The transaction is reported as an acquisition (code A) and is a derivative award under Danaher's Non-Employee Directors Deferred Compensation Plan.
Key Details
- Transaction date and price: 2026-01-30 at $218.89 per share (NYSE close).
- Shares/amount: 11.157 phantom shares awarded; total value ≈ $2,442.
- Instrument type: Derivative (notional/phantom shares under the deferred compensation plan).
- Conversion: Phantom shares convert into Danaher common stock one-for-one upon distribution (footnote F2).
- Vesting/status: Reporting person is fully vested in amounts deferred under the Plan (footnote F3).
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Report filed 2026-02-03 — within the SEC’s 2 business-day requirement (timely).
Context
- This was not an open-market purchase or sale but a routine deferred-compensation award that increases the director’s deferred/share-equivalent balance. Because these are phantom/notional shares that convert to common shares upon distribution, the filing is informational rather than an indication of an immediate cash-market purchase or sale.