List Teri 4
Research Summary
AI-generated summary
Danaher (DHR) Director Teri List Receives RSU Award
What Happened Teri List, a director of Danaher Corporation (DHR), received restricted stock unit (RSU) awards on May 15, 2026 totaling 2,379 RSUs (680 RSUs + 1,699 RSUs). Both grants were reported as awards (code A) at $0.00 per share (no cash paid). The 1,699-share line is reported as a derivative award (still an RSU payable in common stock).
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-19 (filed 4 days after the grant; appears late under the 2-business-day Form 4 rule).
- Price: $0.00 per RSU (compensation award, not a market purchase).
- Total RSUs granted: 2,379 (680 + 1,699). Reported total value at grant: $0 on the Form 4 (actual economic value depends on Danaher share price at vest/settlement).
- Shares owned after transaction: Not disclosed on this Form 4.
- Footnote (summary): RSUs vest on the earlier of the first anniversary of the grant or immediately prior to the next annual shareholders’ meeting. However, the underlying shares are not issued until the director’s death or the first day of the seventh month following the director’s retirement from the Board.
Context This is a standard director compensation grant (RSUs) rather than a purchase or sale. Such awards are common for board service and do not by themselves signal an intent to buy or sell shares. The delayed issuance/retirement deferral means the actual shares (and any tax consequences) will occur later, not at grant.