Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees they are entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above. | Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis. | The reporting person is fully vested in all amounts deferred under the Plan. | The reporting person is fully vested in all amounts deferred under the Plan.
Post-Transaction Holdings
Sanders A Shane
Security
Shares
Change
Phantom shares
3.16K
+211.21 (7.15%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-31
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: DANAHER CORP /DE/ (DHR)
CIK: 0000313616
--- Reporting Owner ---
Name: Sanders A Shane
CIK: 0001861920
Role: Director
--- Derivative Transactions ---
[Transaction #1]
Security: Phantom shares
Date: 2026-07-31 | Code: A (Grant or award)
Shares: +211.205 | Price: $194.98
Shares Owned After: 3,163.293 | Ownership: D (Direct)
Footnotes:
[F1] Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees they are entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.
[F2] Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
[F3] The reporting person is fully vested in all amounts deferred under the Plan.
[F3] The reporting person is fully vested in all amounts deferred under the Plan.
--- Footnotes (Complete Index) ---
F1: Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees they are entitled to receive each quarter. Amounts deferred under the plan (which includes dividend accruals on plan balances and may also include cash director fees) are converted into a particular number of notional shares of Danaher common stock, calculated based on the closing price of Danaher's common stock on the quarterly date such amounts otherwise would have been paid. The price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.
F2: Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.
F3: The reporting person is fully vested in all amounts deferred under the Plan.
--- Signature ---
/s/ /s/ James F. O'Reilly, attorney-in-fact for A. Shane Sanders (2026-08-04)
