RALES MITCHELL P 4
Research Summary
AI-generated summary
Danaher (DHR) Mitchell P. Rales Receives 79-Share Award
What Happened
Mitchell P. Rales, Director and Chairman of the Executive Committee at Danaher (DHR), was credited with 79 shares via a grant/other acquisition on 2026-02-02. The notional shares are reported as a derivative award at $218.89 per share, for a total value of $17,292. This transaction is an employer contribution (award) rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-02; filing date: 2026-02-03 (timely filing).
- Transaction type/code: Grant/award/other acquisition (A); classified as a derivative.
- Price/value: $218.89 per share; total reported value $17,292.
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes of note:
- F1: These represent the company’s annual contribution to the Danaher stock fund in the reporting person’s Excess Contribution Program (ECP) account; contributions are recorded as unfunded, notional shares.
- F2: The notional shares convert on a one-for-one basis to actual shares.
- F3: Vesting rules: matching contributions vest one year after crediting; non‑elective contributions vest on the later of one year after crediting or after three years of service.
Context
This was a routine employer contribution into Danaher’s deferred compensation/ECP stock fund rather than an open-market buy or sale by the insider. Such awards reflect company compensation practices and vesting rules and are typically less indicative of immediate trading intent than voluntary open-market purchases.