4Filed Aug 3, 8:00 PM ET
Danaher (DHR) Director Dewan Feroz Receives 171-Share Award
$DHR · DANAHER CORP /DE/Research Summary
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Danaher (DHR) Director Dewan Feroz Receives 171-Share Award
What Happened
- Dewan Feroz, a non-employee director of Danaher Corporation (DHR), was granted 171.195 notional (derivative/phantom) shares under the company’s Non-Employee Directors Deferred Compensation Plan on July 31, 2026.
- The grant was calculated using the NYSE closing price of $194.98 per share on that date, valuing the award at approximately $33,380. This is an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: July 31, 2026; 171.195 notional shares at $194.98 closing price (NYSE).
- Reported value: ~$33,380.
- Shares owned after transaction: Not reported on this Form 4.
- Footnotes: Amounts were deferred director fees converted into notional shares based on the closing price (F1); notional/phantom shares convert into one share of Danaher common stock per notional share upon distribution (F2); the reporting person is fully vested in all amounts deferred under the Plan (F3).
- Filing: Form 4 filed August 4, 2026 — within the typical two-business-day window following the July 31 transaction (timely).
Context
- These are deferred compensation notional shares (derivatives) rather than a cash purchase or sale. Upon future distribution the phantom shares convert one-for-one into actual Danaher shares. Such awards are a routine part of director compensation and do not by themselves indicate a buy/sell signal.