List Teri 4
4 · DANAHER CORP /DE/ · Filed Apr 28, 2026
Research Summary
AI-generated summary of this filing
Danaher (DHR) Director Teri List Receives Award
What Happened
Teri List, a non-employee director of Danaher Corp (DHR), received an award of 17.248 notional/phantom shares on 2026-04-24 valued at $177.25 per share for a total of approximately $3,057. The transaction is coded as an acquisition/award (A) and represents credits under Danaher’s Non-Employee Directors Deferred Compensation Plan—not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-04-24 at $177.25 per share.
- Shares credited: 17.248 phantom (notional) shares; aggregate value ≈ $3,057.
- Transaction type: A (award/acquisition) — derivative interest (phantom/notional shares).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: Amounts represent deferred cash director fees converted into notional shares based on the closing stock price; phantom shares convert one-for-one into Danaher common stock upon distribution; the reporting person is fully vested in plan balances.
- Filing date: 2026-04-28. The Form 4 was filed four days after the transaction; insiders are generally required to file within two business days, so this filing appears later than the usual reporting window.
Context
This was a routine deferred-compensation credit under the board’s plan (phantom shares), not a market buy or sale. Such credits reflect compensation deferral elections and will convert to actual shares upon distribution; they should be viewed as compensation mechanics rather than a direct trading signal.
Insider Transaction Report
- Award
Phantom shares
[F1][F2][F3]2026-04-24$177.25/sh+17.248$3,057→ 7,660.399 totalExercise: $0.00→ Common Stock (17.248 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.