Sanders A Shane 4

What Happened
Sanders A. Shane, a director of Danaher Corporation, was credited with 231.809 notional (phantom) shares on April 24, 2026 as an award/acquisition under Danaher's Non-Employee Directors Deferred Compensation Plan. The filing values the award at $177.25 per share, for a total value of approximately $41,088. This is a derivative award (not an open-market purchase or sale of actual shares).

Key Details

• Transaction date: 2026-04-24; Form 4 filed: 2026-04-28.
• Transaction type/code: A (award/acquisition) — derivative (notional/phantom) shares.
• Shares granted: 231.809 notional shares; price used: $177.25 (NYSE close on transaction date); total value ≈ $41,088.
• Shares owned after transaction: Not disclosed in the Form 4 provided.
• Footnotes: The award arises under the Non-Employee Directors Deferred Compensation Plan where deferred cash (and accrued dividends) is converted into notional shares; phantom shares convert to one-for-one actual Danaher shares upon distribution; the reporting person is fully vested.
• Filing timeliness: Form shows the transaction (4/24) and was filed 4/28; the filing itself does not indicate a late-filing notation.

Context
This was a grant of deferred/phantom shares under a director compensation plan rather than a market buy or sale. Such deferred-compensation credits are routine for non-employee directors and reflect compensation deferral mechanics (not an immediate change in economic exposure or a sale). Upon future distribution the phantom shares convert one-for-one into Danaher common stock.