Director Raymond C. Stevens filed a statement of changes in beneficial ownership with the SEC on November 2, 2026, reporting the acquisition of phantom shares in Danaher Corp /DE/ on October 30, 2026.

Key Highlights

  • Reporting person: Raymond C. Stevens, identified as a director of Danaher Corp /DE/ (NYSE:DHR).
  • Transaction date: October 30, 2026, with the filing dated November 2, 2026.
  • Securities acquired: 152.741 phantom shares acquired (transaction code A) under the Non-Employee Directors Deferred Compensation Plan.
  • Price per share: $232.23, described as the closing price of Danaher common stock on the NYSE on the transaction date.
  • Total phantom shares held: 7,580.576 phantom shares beneficially owned following the transaction, held directly.
  • Vesting status: According to the filing, the reporting person "is fully vested in all amounts deferred under the Plan."

Stevens Receives Deferred Compensation Phantom Shares Under Danaher Director Plan

According to the filing, the 152.741 phantom shares were acquired through Danaher Corporation's Non-Employee Directors Deferred Compensation Plan, which is established under the Danaher Corporation Omnibus Incentive Plan. The plan allows non-employee directors to defer all or part of the cash director fees they are 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. The conversion is calculated based on the closing price of Danaher common stock on the quarterly date such amounts otherwise would have been paid, the filing stated.

Danaher Corp /DE/ is listed on the NYSE under the ticker DHR. The filing notes that phantom shares carry a conversion or exercise price of $0 and that, upon distribution, each phantom share converts into one share of Danaher common stock on a one-for-one basis. The $232.23 price shown in the filing represents the closing price per share of Danaher common stock as reported on the NYSE on October 30, 2026. The filing was signed by James F. O'Reilly as attorney-in-fact for Raymond C. Stevens, Ph.D., on November 2, 2026. No non-derivative securities transactions were reported in Table I of this filing.

What Was Disclosed

Director Raymond C. Stevens acquired 152.741 phantom shares of Danaher Corp /DE/ on October 30, 2026, at a reference price of $232.23 per share under the company's Non-Employee Directors Deferred Compensation Plan, bringing his total phantom share holdings to 7,580.576 shares.