DANAHER CORP /DE/·4

Feb 4, 5:01 PM ET

McGrew Matthew 4

Research Summary

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Danaher (DHR) CFO Matthew McGrew Sells Shares, Receives Award

What Happened

  • Matthew McGrew, Chief Financial Officer of Danaher Corporation (DHR), had 1,856 shares disposed (withheld) to satisfy tax obligations and acquired 790.5 shares as a result of a performance-based award distribution.
  • Details: 1,856 shares were recorded as disposed at $223.42 per share for a total of $414,668 (tax withholding). Separately, 790.5 shares were recorded as acquired as a derivative award at $228.92 per share, valued at $180,961.
  • This is a compensation-related transaction (withholding to cover taxes and net delivery of performance-based restricted stock units), not an open-market buy or sell that signals a personal investment decision.

Key Details

  • Transaction date: 2026-02-02; filing date: 2026-02-04 (appears timely).
  • Disposition: 1,856 shares @ $223.42 = $414,668 (code F — tax withholding).
  • Acquisition: 790.5 shares (derivative award) @ $228.92 = $180,961 (code A — grant/award).
  • Shares owned after transaction: not disclosed in the provided excerpt of the filing.
  • Footnotes of note:
    • F1: Withholding of shares for tax purposes in connection with distribution of performance-based restricted stock units.
    • F2–F4: Filing also references Danaher’s deferred compensation/notional share program (company contributions credited as notional shares that convert 1:1; vesting/distribution governed by plan documents).
  • No indication of a 10b5-1 trade plan or a late filing in the provided information.

Context

  • This is a routine compensation event: performance-based RSUs were distributed and a portion of shares were withheld to satisfy taxes, with net shares delivered to the executive. Such withholding is a common administrative step and should not be read as a discretionary sale by the insider.