Zerhouni Elias A. 4

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.