FILLER LINDA 4

What Happened

Linda Filler, a director of Danaher (DHR), exercised stock options on July 15, 2026 to acquire 3,298 shares. The exercise involved an aggregate intrinsic/transaction value of $237,060 (3,298 shares × $71.88 exercise price). To satisfy tax withholding/obligations, 1,181 of the acquired shares were surrendered/withheld (reported as a disposition) at a market-related value of $200.79 per share (total $237,133). Net shares received by Filler after withholding were 2,117 shares (3,298 − 1,181). This is a routine option exercise with tax-withholding, not an open-market purchase.

Key Details

• Transaction date: July 15, 2026; Form 4 filed July 16, 2026 (next business day — appears timely).
• Option exercise (code M): 3,298 shares exercised at $71.88 → $237,060 total.
• Tax withholding/disposition (code F): 1,181 shares withheld at $200.79 → $237,133 total.
• Derivative conversion entry: 3,298 shares recorded as exercised/converted (reported as M/derivative).
• Net shares received: 2,117 shares (3,298 exercised − 1,181 withheld).
• Shares owned after transaction: not specified in this filing.
• No 10b5-1 plan or other special plan was noted in the filing; transaction appears to be standard exercise + withholding.

Context

• This was an options exercise with shares withheld to cover taxes (a common, routine administrative settlement), effectively a cashless-type outcome rather than an outright purchase on the open market.
• Such exercises mainly reflect vesting/exercise of compensation-related awards; they do not necessarily signal a change in the insider’s market view.