4Filed Aug 3, 8:00 PM ET
Danaher Director Teri List Receives Award of 15.716 Phantom Shares
$DHR · DANAHER CORP /DE/Research Summary
AI-generated summary of this SEC filing
Danaher Director Teri List Receives Award of 15.716 Phantom Shares
What Happened
Teri List, a member of Danaher’s board of directors, was credited with 15.716 notional (phantom) shares on July 31, 2026. The filings list a per-share price of $194.98, giving the award a reported value of approximately $3,064. This was an award/acquisition under the company’s Non‑Employee Directors Deferred Compensation Plan (a derivative, not an open‑market purchase).
Key Details
- Transaction date: 2026-07-31; Filing date: 2026-08-04 (see note below on timeliness).
- Transaction type/code: A — Grant/Award (derivative notional shares).
- Shares awarded: 15.716 notional shares; price used: $194.98; reported value: ~$3,064.
- Shares owned after transaction: Not specified in the provided filing extract.
- Footnotes summary:
- Amounts represent deferred cash director fees converted into notional shares based on the closing stock price on the payment date.
- Phantom (notional) shares convert into one-for-one Danaher common stock upon distribution.
- The reporting person is fully vested in amounts deferred under the Plan.
- Timeliness: The filing shows a transaction date of 7/31/2026 and was filed on 8/4/2026. The provided excerpt does not include a late‑filing code; check the EDGAR record for any "L" notation if timeliness is a concern.
Context
- These are not open‑market purchases or sales but deferred compensation credited as notional/phantom shares. Such awards reflect compensation mechanics rather than a direct buy or sell decision by the director.
- Upon future distribution, the phantom shares will convert one-for-one into actual Danaher common stock per the plan terms.