FILLER LINDA 4

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).