SPOON ALAN G 4
Research Summary
AI-generated summary
Danaher (DHR) Director Alan G. Spoon Receives RSU Award
What Happened
- Alan G. Spoon, a director of Danaher Corporation (DHR), was granted a total of 2,379 restricted stock units (RSUs) on May 15, 2026. The grant is reported as 680 RSUs (acquired) and 1,699 RSUs reported as derivative awards. Each line was reported at $0.00 per share (compensation award), so no cash changed hands.
Key Details
- Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed within the required two business days).
- Grants: 680 RSUs + 1,699 RSUs = 2,379 total; reported price $0.00.
- Shares owned after the transaction: not disclosed in this Form 4.
- Footnote: RSUs vest on the earlier of (a) the first anniversary of the grant or (b) immediately prior to the next annual meeting of Danaher shareholders. However, the 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
- These awards are director compensation (neither a purchase nor a sale) and are payable solely in Danaher common stock when issued. RSU grants to directors are routine corporate compensation and do not by themselves indicate buying or selling intent. The derivative reporting reflects timing of issuance/vesting conditions rather than an option exercise or cash transaction.