Zerhouni Elias A. 4
4 · DANAHER CORP /DE/ · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Danaher Director Elias A. Zerhouni Receives 259.718-Share Award
What Happened
Elias A. Zerhouni, a director of Danaher Corporation (DHR), was credited with 259.718 notional/phantom shares as a grant under the company's Non‑Employee Directors Deferred Compensation Plan on 2026-04-24. The transaction is recorded as a derivative award at a price of $177.25 per share, for a reported value of $46,035.
Key Details
- Transaction date: 2026-04-24; filing date: 2026-04-28 (Form 4 accession 0000313616-26-000120).
- Transaction type/code: A (Grant/award — derivative phantom shares).
- Shares credited: 259.718 notional shares. Price used: $177.25 (closing NYSE price on the transaction date). Total reported value: $46,035.
- Plan notes: Amounts were generated by deferral of director fees under the Non‑Employee Directors Deferred Compensation Plan (F1). Phantom shares convert one‑for‑one into Danaher common stock upon distribution (F2). The reporting person is fully vested in amounts deferred under the Plan (F3).
- Shares owned after transaction: Not specified in this filing.
Context
This was a compensation deferral conversion into phantom/notional shares (a derivative award), not an open‑market purchase or sale. Such deferred/phantom share credits are routine for non‑employee directors and convert into actual shares upon distribution; they do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Phantom shares
[F1][F2][F3]2026-04-24$177.25/sh+259.718$46,035→ 18,472.282 totalExercise: $0.00→ Common Stock (259.718 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.