Sanders A Shane 4
Research Summary
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Danaher (DHR) Director Sanders A. Shane Receives RSU Award
What Happened Sanders A. Shane, a director of Danaher Corporation (DHR), was granted restricted stock units (RSUs) on 2026-05-15. The filing reports two awards: 680 RSUs and 1,699 RSUs (reported as derivative), both at $0.00 consideration — a total of 2,379 RSUs granted. These awards are part of director compensation and represent an acquisition-type reporting event rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-15; Form 4 filed 2026-05-19 (filed within the typical two-business-day window).
- Price/consideration: $0.00 (standard for RSU awards).
- Shares reported: 680 RSUs + 1,699 RSUs (derivative) = 2,379 total RSUs granted.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: RSUs vest on the earlier of the first anniversary of the grant or immediately prior to the next annual shareholders’ meeting. However, underlying shares are not issued until the earlier of the director’s death or the first day of the seventh month following the director’s retirement from the Board.
Context This is a routine director equity award used for compensation and retention, not an indication of a market purchase or sale. RSUs are deferred-equity awards — they will convert to actual shares under the vesting/issuance conditions spelled out in the footnote.