Director Linda Filler filed a Form 4 with the SEC on November 2, 2026, disclosing the acquisition of 15.424 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: Linda Filler, identified as a Director of Danaher Corp /DE/ (NYSE:DHR).
  • Transaction date: October 30, 2026, with 15.424 phantom shares acquired (transaction code A).
  • Conversion price: Phantom shares were credited at $232.23 per share, described as the NYSE closing price of Danaher common stock on the transaction date.
  • Total phantom shares held: 8,970.16 phantom shares beneficially owned following the reported transaction, held directly.
  • Vesting status: According to the filing, "the reporting person is fully vested in all amounts deferred under the Plan."
  • Conversion terms: The filing states phantom shares "convert into shares of Danaher common stock on a one-for-one basis" upon distribution.

Danaher Director Filler Receives Quarterly Phantom Share Credit Under Deferred Compensation Plan

According to the filing, the phantom shares were credited under the Non-Employee Directors Deferred Compensation Plan, established under the Danaher Corporation Omnibus Incentive Plan. The plan permits non-employee directors to defer all or part of the cash director fees they are entitled to receive each quarter. The filing explains that "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 15.424 phantom shares were acquired on October 30, 2026, at a price of $232.23 per share, which the filing identifies as the NYSE closing price of Danaher common stock on that date. The exercise price of the derivative security is listed as $0. Following the transaction, Filler holds a total of 8,970.16 phantom shares directly under the plan, with full vesting confirmed in the filing. The form was signed by James F. O'Reilly as attorney-in-fact for Linda Filler and filed on November 2, 2026.

No non-derivative securities transactions were reported in Table I. The phantom share acquisition appears in Table II as a derivative security, with underlying securities listed as Danaher common stock at a one-for-one conversion ratio upon distribution.

What Was Disclosed

Linda Filler, a Danaher Corp director, disclosed the acquisition of 15.424 phantom shares on October 30, 2026, under a deferred compensation plan, at a per-share price of $232.23, bringing her total plan holdings to 8,970.16 phantom shares.