FILLER LINDA 4
4 · DANAHER CORP /DE/ · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Danaher (DHR) Director Linda Filler Receives Award of 20.121 Shares
What Happened
Linda Filler, a Danaher director, was credited with 20.121 notional/phantom shares (a derivative award) on April 24, 2026. The award was valued using Danaher’s closing share price of $177.25 on that date, giving a total reported value of $3,566. This transaction reflects a conversion of deferred director fees into notional shares under Danaher’s Non‑Employee Directors Deferred Compensation Plan, not an open‑market purchase.
Key Details
- Transaction date: 2026-04-24; Form filed: 2026-04-28 (timely within the 2 business‑day reporting window).
- Transaction type/code: Award/Acquisition (A) — 20.121 notional shares at $177.25 per share; total value $3,566.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes:
- F1: Amounts deferred under the directors’ plan are converted into notional shares based on the quarter’s closing price.
- F2: Upon distribution, the phantom shares convert one‑for‑one into actual Danaher common stock.
- F3: The reporting person is fully vested in amounts deferred under the plan.
- Filing timeliness: Filed 4/28 for a 4/24 transaction — within the normal 2 business‑day window.
Context
This was a routine compensation conversion (deferred cash fees -> notional/phantom shares) for a non‑employee director, not a market purchase or sale. Such grants are common and reflect plan mechanics (conversion of deferred fees and dividend accruals) rather than an explicit buy/sell signal. The amount is modest (~$3.6k).
Insider Transaction Report
- Award
Phantom shares
[F1][F2][F3]2026-04-24$177.25/sh+20.121$3,566→ 8,936.403 totalExercise: $0.00→ Common Stock (20.121 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.