SPOON ALAN G 4

What Happened
Alan G. Spoon, a Danaher director, was credited with 192.871 notional (derivative/phantom) shares under Danaher’s Non‑Employee Directors Deferred Compensation Plan on January 30, 2026. The posting used a per‑share price of $218.89, producing a reported value of approximately $42,218. This was an award/acquisition under the deferred‑comp plan (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date and price: 2026-01-30 at $218.89 per share.
• Amount: 192.871 notional shares; reported value ~$42,218.
• Nature: Derivative/phantom shares credited under the Non‑Employee Directors Deferred Compensation Plan (not an immediate stock purchase).
• Vesting/convertibility: The reporting person is fully vested (F3); phantom/notional shares convert one‑for‑one into Danaher common stock upon distribution (F2).
• How price was set: Notional share count was calculated using Danaher’s closing stock price on the applicable quarterly date (F1).
• Shares owned after transaction: Not disclosed in this Form 4.
• Filing timeliness: Form filed 2026-02-03 for a 2026-01-30 transaction (filed within the SEC’s two‑business‑day window).

Context
This transaction reflects deferred compensation being recorded as notional/phantom shares for a non‑employee director. Such awards represent conversion of deferred fees into a stock‑linked unit and do not necessarily indicate a purchase or sale intent in the open market. Upon future distribution these phantom shares will convert into actual Danaher common shares on a 1:1 basis.