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[Form 4] DANAHER CORP /DE/ Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Danaher (DHR) disclosed insider activity by its SVP, Human Resources. On 11/10/2025, the officer exercised employee stock options for 4,176 shares at $88.24 (transaction code M), then sold 4,176 shares at a weighted average price of $210.4436 and 998 shares at $210.3118 (transaction code S).

The weighted average sale price reflects multiple trades between $210.4101 and $210.570. After these transactions, the officer beneficially owned 2,625 shares directly.

Positive
  • None.
Negative
  • None.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Couchara Georgeann

(Last) (First) (Middle)
2200 PENNSYLVANIA AVENUE NW
SUITE 800W

(Street)
WASHINGTON DC 20037

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DANAHER CORP /DE/ [ DHR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
11/10/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/10/2025 M 4,176 A $88.24 7,799 D
Common Stock 11/10/2025 S 4,176 D $210.4436(1) 3,623 D
Common Stock 11/10/2025 S 998 D $210.3118 2,625 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy) $88.24 11/10/2025 M 4,176 02/24/2018 02/24/2028 Common Stock 4,176 $0 0 D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.4101 to $210.570, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Remarks:
/s/ James F. O'Reilly, attorney-in-fact for Georgeann Couchara 11/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Danaher (DHR) report?

An officer exercised 4,176 options at $88.24 and sold 4,176 shares at $210.4436 and 998 shares at $210.3118 on 11/10/2025.

How many Danaher (DHR) shares did the officer hold after the trades?

Following the transactions, the officer beneficially owned 2,625 shares directly.

What were the transaction codes on the Danaher (DHR) Form 4?

Code M for the option exercise and code S for the open-market sales.

What was the price range for the Danaher (DHR) share sales?

The weighted average sales occurred between $210.4101 and $210.570.

What were the details of the exercised Danaher (DHR) stock option?

An employee stock option with a strike of $88.24, exercisable since 02/24/2018 and expiring 02/24/2028, for 4,176 underlying shares was exercised.

How many derivative securities remained after the Danaher (DHR) transactions?

The filing shows 0 derivative securities remained following the reported transactions.
Danaher Corporation

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DHR Stock Data

156.25B
629.05M
11.05%
82.81%
1.33%
Diagnostics & Research
Industrial Instruments for Measurement, Display, and Control
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United States
WASHINGTON