Danaher (DHR) Chairman Steven M. Rales Receives Awards

What Happened
Steven M. Rales, Chairman and Director of Danaher (DHR), received equity awards on August 4, 2026: 500,000 restricted stock units (RSUs) and a derivative grant of 1,000,000 non‑qualified stock options. Both grants were reported at $0.00 (no cash paid) and represent new awards rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-08-04; Form 4 filed 2026-08-06 (timely filing).
• Awards: 500,000 RSUs (F1) and 1,000,000 options (derivative) (F3); reported acquisition price $0.00.
• Vesting: Both RSUs and options vest 50% on the fourth anniversary and 50% on the fifth anniversary of the grant, contingent on continued employment (F1, F3).
• Ownership/reporting vehicle: Reported shares are held through single‑member LLCs controlled by a revocable trust of which Rales is the sole member (F2).
• Shares owned after the transaction: Not disclosed in the provided filing details.

Context
These entries are grants/awards (not exercises or sales). The options are newly granted non‑qualified stock options—not exercised or sold—so no immediate proceeds or market transactions occurred. Grants like RSUs and options are routine long‑term compensation and do not by themselves indicate a near‑term buying or selling intent.