Danaher Corp (NYSE: DHR) awards Mitchell Rales 1M options and 500K RSUs
Rhea-AI Filing Summary
Danaher Corp director and Chairman of the Executive Committee Mitchell P. Rales received 1,000,000 non-qualified stock options on 2026-08-04 at a $194.7800 exercise price, expiring 2036-08-04, and 500,000 restricted stock units, both vesting 50% on the fourth and fifth anniversaries subject to continued employment. Following the awards he holds 553,228 common shares directly and reports indirect ownership, including 26,171,000 shares through single-member LLCs and 778,352 shares via a family trust, while disclaiming beneficial ownership of custodial shares for his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500,000 shares
Net Buy
7 txns
Insider
RALES MITCHELL P
Role
Chairman of Exec. Committee
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) F5 | 1,000,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $.01 F1 | 500,000 | $0.00 | $0.00 |
| holding | Common Stock, par value $.01 F2 | -- | -- | -- |
| holding | Common Stock, par value $.01 | -- | -- | -- |
| holding | Common Stock, par value $.01 F3 | -- | -- | -- |
| holding | Common Stock, par value $.01 F3 | -- | -- | -- |
| holding | Common Stock, par value $.01 F4 | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 1,000,000 shares (Direct);
Common Stock, par value $.01 — 553,228 shares (Direct);
Common Stock, par value $.01 — 778,352 shares (Indirect, Through the Mitchell P. Rales Family Trust);
Common Stock, par value $.01 — 801 shares (Indirect, By 401(k) Plan);
Common Stock, par value $.01 — 6,512 shares (Indirect, By trust for daughter);
Common Stock, par value $.01 — 26,171,000 shares (Indirect, Through single-member LLCs)
Footnotes (5)
- F1. Represents grant of restricted stock units that vest 50% on the fourth anniversary of the grant date and 50% on the fifth anniversary of the grant date, respectively, subject in each case to continued employment through the applicable vesting date.
- F2. The Reporting Person is the trustee of the Mitchell P. Rales Family Trust.
- F3. The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
- F4. The reported shares are held through single-member LLCs, of which a revocable trust with the Reporting Person as the sole trustee and beneficiary is the sole member.
- F5. Represents grant of non-qualified stock options to purchase shares of the Company's common stock. The options vest 50% on the fourth anniversary of the grant date and 50% on the fifth anniversary of the grant date, respectively, subject in each case to continued employment through the applicable vesting date.
Key Figures
Stock options granted: 1000000.0000 options
Option exercise price: 194.7800
Restricted stock units granted: 500000.0000 shares
+4 more
7 metrics
Stock options granted
1000000.0000 options
Non-qualified options granted on 2026-08-04
Option exercise price
194.7800
Exercise price per share for new stock options
Restricted stock units granted
500000.0000 shares
RSU grant on 2026-08-04
Direct common shares after grant
553228.0000 shares
Direct Danaher common stock holdings following RSU grant
Family trust holdings
778352.0000 shares
Indirect shares through the Mitchell P. Rales Family Trust
LLC indirect holdings
26171000.0000 shares
Indirect shares held through single-member LLCs
401(k) plan holdings
801.0000 shares
Indirect shares held in a 401(k) plan
Key Terms
restricted stock units, non-qualified stock options, single-member LLCs, revocable trust
4 terms
restricted stock units financial
"Represents grant of restricted stock units that vest 50% on the fourth anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-qualified stock options financial
"Represents grant of non-qualified stock options to purchase shares of the Company's common stock"
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
single-member LLCs financial
"The reported shares are held through single-member LLCs, of which a revocable trust"
revocable trust financial
"of which a revocable trust with the Reporting Person as the sole trustee and beneficiary"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What new stock option award did Danaher (DHR) grant to Mitchell Rales?
Danaher granted Mitchell Rales 1,000,000 non-qualified stock options on 2026-08-04 with a $194.7800 exercise price. These options vest 50% on the fourth anniversary and 50% on the fifth, subject to his continued employment, and expire on 2036-08-04.
What restricted stock units did Danaher (DHR) award to Mitchell Rales?
Mitchell Rales received 500,000 restricted stock units that vest 50% on the fourth anniversary of grant and 50% on the fifth, contingent on continued employment. After this award, he directly holds 553,228 shares of Danaher common stock.
Are Mitchell Rales’ new Danaher (DHR) equity awards under a Rule 10b5-1 plan?
No. The Rule 10b5-1 checkbox for these transactions is not marked, and related footnotes do not reference any pre-arranged trading plan. The reported entries describe equity compensation grants rather than sales executed under a Rule 10b5-1 trading program.
What are the vesting terms of Mitchell Rales’ new Danaher (DHR) options and RSUs?
Both the 1,000,000 stock options and 500,000 restricted stock units vest 50% on the fourth anniversary of the grant date and 50% on the fifth. Each vesting tranche is conditioned on Rales’ continued employment through the applicable vesting date.
How does Mitchell Rales hold his large indirect Danaher (DHR) stake?
Rales reports 26,171,000 Danaher shares held through single-member LLCs. A revocable trust, with Rales as sole trustee and beneficiary, is the sole member of these LLCs, giving him indirect economic and governance exposure to this large share position.