Danaher Director Elias A. Zerhouni Receives 236.633 Phantom Shares

What Happened
Elias A. Zerhouni, a non-employee director of Danaher Corporation (DHR), received a grant/acquisition of 236.633 notional (phantom) shares under Danaher’s Non-Employee Directors Deferred Compensation Plan on July 31, 2026. The award is reported at a closing price of $194.98 per share, for a reported value of $46,139. This is a compensation award (derivative grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-31; Report filed: 2026-08-04 (timely within required business-day window).
• Transaction type/code: A (award/acquisition) — derivative (notional/phantom shares).
• Shares/amount: 236.633 notional shares at $194.98 each; total reported value $46,139.
• Shares owned after transaction: Not specified in this filing.
• Notable footnotes: Amounts represent deferred cash director fees converted into notional shares based on the closing price on the quarter date; phantom shares convert one-for-one into Danaher common stock upon distribution; the reporting person is fully vested in these deferred amounts.

Context
This is a routine director compensation deferral into notional shares rather than a market purchase or sale. Such deferred-compensation grants reflect how directors elect to receive fees and do not, by themselves, signal personal buying/selling intent. Upon future distribution the phantom shares will convert into actual Danaher shares on a one-for-one basis.