SPOON ALAN G 4

What Happened

• Alan G. Spoon, a director of Danaher Corporation (DHR), exercised stock options to acquire 3,298 shares at an exercise price of $71.88 per share (cost $237,060) on May 1, 2026. On the same day he sold 1,358 of those shares in the open market at a weighted average price of $174.67 per share, generating proceeds of about $237,207. The filing also reports the conversion/disposition of the derivative (the option) associated with the 3,298 shares (reported at $0.00), reflecting the option-to-share conversion.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (no late-filing flag in the report)
• Option exercise: 3,298 shares acquired @ $71.88 each = $237,060
• Open-market sale: 1,358 shares sold @ weighted avg $174.67 = $237,207
• Derivative conversion: 3,298-share derivative disposed @ $0.00 (reflects exercise/conversion)
• Footnote: sale price is a weighted average; individual sale prices ranged $174.67–$174.72. The reporting person can provide a breakdown on request.
• Shares owned after transaction: not specified in the provided filing details.

Context

• This pattern (exercise of options followed by sale of some shares with sale proceeds roughly equal to the exercise cost) is commonly consistent with a cashless exercise or selling shares to cover exercise/tax obligations; the filing itself does not state the purpose. No 10%‑owner status or awards/10b5‑1 plan is disclosed in the provided information.