Director Feroz Dewan filed a Form 4 with the SEC on November 2, 2026, disclosing the acquisition of 144.029 phantom shares of Danaher Corp common stock on October 30, 2026, under the company's Non-Employee Directors Deferred Compensation Plan.

Key Highlights

  • Reporting person: Feroz Dewan, a director of Danaher Corp (NYSE:DHR)
  • Transaction date: October 30, 2026
  • Securities acquired: 144.029 phantom shares, coded as an acquisition (A)
  • Price per share: $232.23, the closing price of Danaher common stock on the NYSE on the transaction date
  • Phantom shares beneficially owned following the transaction: 2,513.83
  • Vesting status: The reporting person is fully vested in all amounts deferred under the Plan, according to the filing

Dewan Feroz's Deferred Compensation Conversion at Danaher

According to the filing, the transaction was made under the Non-Employee Directors Deferred Compensation Plan established under the Danaher Corporation Omnibus Incentive Plan. Under the terms of that plan, the filing states, the reporting person may defer all or part of the cash director fees he or she is entitled to receive each quarter. Deferred amounts, which may include dividend accruals on plan balances as well as cash director fees, are converted into 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 filing reports that 144.029 phantom shares were acquired on October 30, 2026, at a price of $232.23 per share, which the filing identifies as the closing price per share of Danaher common stock as reported on the NYSE on that transaction date. The conversion price of the derivative security is listed as $0. Following this transaction, the filing discloses that Dewan holds 2,513.83 phantom shares in total, held directly.

The filing further notes that upon distribution, phantom shares convert into shares of Danaher common stock on a one-for-one basis, and that the reporting person is fully vested in all amounts deferred under the Plan. The Form 4 was signed by James F. O'Reilly as attorney-in-fact for Feroz Dewan and filed on November 2, 2026.

What Was Disclosed

This Form 4 discloses a single derivative security acquisition by Danaher director Feroz Dewan on October 30, 2026: 144.029 phantom shares at $232.23 per share under the Non-Employee Directors Deferred Compensation Plan, bringing total phantom share holdings to 2,513.83.