Leiken Jonathan 4
Research Summary
AI-generated summary
Danaher (DHR) SVP Jonathan Leiken Receives Stock Award
What Happened
- Jonathan Leiken, SVP and Chief Legal Officer of Danaher (DHR), was credited with 41 notional shares of Danaher common stock on Feb 2, 2026. The filing lists a per‑share price of $218.89, for a total value of $8,974. This was recorded as an award/acquisition (derivative), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-04 (filed two days after the transaction).
- Shares credited: 41 notional shares at $218.89 each; total value $8,974.
- Transaction type: Award/acquisition of derivative (notional) shares under deferred compensation program (Table II).
- Shares owned after transaction: Not disclosed in the Form 4.
- Footnotes: Company annual contribution to Danaher stock fund (notional, unfunded shares) (F1); notional shares convert one‑for‑one to actual shares (F2); vesting and distribution governed by the plan terms summarized in Danaher’s proxy (F3).
- Timeliness: Filing appears timely (within the two‑business‑day Form 4 window).
Context
- These were not market purchases but a routine company contribution to a deferred compensation stock fund; the credited notional shares are unfunded and convert one‑for‑one per the plan. Such awards are common compensation/benefit transactions and do not by themselves indicate the insider’s personal trading sentiment.