Director A. Shane Sanders of Danaher Corp filed a statement of changes in beneficial ownership with the SEC on November 2, 2026, reporting the acquisition of phantom shares under the company's Non-Employee Directors Deferred Compensation Plan on October 30, 2026.

Key Highlights

  • Reporting person: A. Shane Sanders, identified as a Director of Danaher Corp /DE/ (NYSE:DHR)
  • Transaction date: October 30, 2026, with the filing submitted November 2, 2026
  • Securities acquired: 177.692 phantom shares of Danaher common stock under the Non-Employee Directors Deferred Compensation Plan
  • Price per share: $232.23, the closing price of Danaher common stock on the NYSE on the transaction date
  • Resulting holdings: 3,340.985 phantom shares beneficially owned following the transaction, held directly
  • Vesting status: The reporting person is fully vested in all amounts deferred under the Plan, according to the filing

Phantom Share Acquisition by Sanders Under Danaher Deferred Compensation Plan

According to the filing, the transaction involved derivative securities classified as phantom shares under the Non-Employee Directors Deferred Compensation Plan, which was established under the Danaher Corporation Omnibus Incentive Plan. The plan allows non-employee directors to defer all or part of their cash director fees each quarter. Deferred amounts, which may also include dividend accruals on plan balances, are converted into notional shares of Danaher common stock calculated based on the closing price of the company's stock on the quarterly date such amounts otherwise would have been paid.

Danaher Corp is a science and technology company whose common stock trades on the New York Stock Exchange. The phantom shares acquired by Sanders carry a conversion or exercise price of $0 and, upon distribution, convert into shares of Danaher common stock on a one-for-one basis, as stated in the filing's explanation of responses. The transaction code recorded is "A," indicating an acquisition. The filing was signed by James F. O'Reilly as attorney-in-fact for A. Shane Sanders on November 2, 2026.

Prior to this transaction, Sanders held phantom shares under the same plan, and the reported acquisition brings the total beneficial ownership of phantom shares to 3,340.985, held on a direct basis. The filing notes that Sanders is fully vested in all amounts deferred under the Plan.

What Was Disclosed

Director A. Shane Sanders reported the acquisition of 177.692 phantom shares of Danaher Corp common stock on October 30, 2026, at $232.23 per share under the company's Non-Employee Directors Deferred Compensation Plan, bringing total phantom share holdings to 3,340.985.