Danaher Corp: chairman Mitchell P. Rales sold 500,000 shares

What happened

• Mitchell P. Rales, chairman of the executive committee and a director, reported a disposition of 500,000 shares on Oct 9, 2026. The Form 4 lists the transaction as 500,000 shares at $0.00 for a total of $0 and notes he waived the related restricted stock unit award.

Key details

• Transaction date and price: Oct 9, 2026; 500,000 shares at $0.00.
• Shares owned after the transaction: not stated in the filing.
• Footnotes that matter:
  • F1: Rales waived his right to the RSU award granted Aug 4, 2026 for 500,000 shares, for no consideration.
  • F2: Rales is trustee of the Mitchell P. Rales Family Trust.
  • F3: Some reported shares are held for the benefit of his daughter; he disclaims beneficial ownership of those shares.
  • F4: Some reported shares are held through single-member LLCs whose sole member is a revocable trust with Rales as sole trustee and beneficiary.
• Filing date and timeliness: filed Oct 14, 2026 (trade dated Oct 9, 2026); the filing was late.

Why it may matter

• This was a waiver of an award for no consideration and was not a market sale of shares.
• The filing shows trust and custodial arrangements and a disclaimer of beneficial ownership for shares held for his daughter.
• The filing does not show why the insider traded or why the company acted.