Dewan Feroz 4
4 · DANAHER CORP /DE/ · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Danaher (DHR) Director Dewan Feroz Receives 188-Share Award
What Happened
Dewan Feroz, a non-employee director of Danaher Corporation (DHR), was credited with 187.894 notional (phantom) shares under the Non-Employee Directors Deferred Compensation Plan on 2026-04-24. The filing reports a per-share price of $177.25, producing a reported value of about $33,304. This was an award/acquisition (derivative) under the director deferred-compensation plan rather than an open-market purchase.
Key Details
- Transaction date and type: 2026-04-24 — Grant/Award (code A), derivative notional shares.
- Price reported: $177.25 per share (closing NYSE price used to convert deferred fees).
- Shares credited: 187.894 notional shares (value shown ~$33,304).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: amounts were converted from deferred director fees into notional shares based on the closing price; phantom shares convert one-for-one into Danaher common stock upon distribution; reporting person is fully vested in amounts deferred under the plan.
- Filing timeliness: Reported on 2026-04-28 for a 2026-04-24 transaction — filing appears timely (within the standard two business-day window).
Context
This was a routine, non-cash director compensation credit (phantom/notional shares) under a deferred compensation plan, not an open-market buy or sale. Such awards reflect compensation mechanics (deferral of director fees) rather than an explicit buy/sell signal about the insider's view of the stock.
Insider Transaction Report
- Award
Phantom shares
[F1][F2][F3]2026-04-24$177.25/sh+187.894$33,304→ 2,198.606 totalExercise: $0.00→ Common Stock (187.894 underlying)
Footnotes (3)
- [F1]Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation 2007 Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees s/he is entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.
- [F2]Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
- [F3]The reporting person is fully vested in all amounts deferred under the Plan.