Danaher (DHR) director Linda Filler gains 13 phantom shares in deferred compensation plan

Rhea-AI Filing Summary

Danaher Corporation director Linda Filler reported an automatic grant of 13.016 phantom shares on January 30, 2026 under the company’s Non-Employee Directors Deferred Compensation Plan. The phantom shares were valued using the Danaher common stock closing price of $218.89 per share on that date.

After this transaction, Filler beneficially owned 8,916.282 phantom shares on a direct basis. Under the plan, deferred cash director fees and related dividend accruals are converted into notional Danaher shares, which later convert into an equal number of Danaher common shares on a one-for-one basis. The reporting person is fully vested in all amounts deferred.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FILLER LINDA

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom shares	13.016	$218.89	$3K

Holdings After Transaction: Phantom shares — 8,916.282 shares (Direct)

Footnotes (1)

1. Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation 2007 Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees s/he is entitled to receive each quarter. 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 price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above. Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis. The reporting person is fully vested in all amounts deferred under the Plan.

Form 4 Insider Transactions: What Each Field Means →

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^*

FILLER LINDA

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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

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
Phantom shares(1)	$0(2)	01/30/2026		A		13.016		(3)	(3)	Common Stock(1)	13.016	$218.89	8,916.282	D

Explanation of Responses:

1. Under the terms of the Non-Employee Directors Deferred Compensation Plan (the "Plan") established under the Danaher Corporation 2007 Omnibus Incentive Plan, the reporting person can defer all or part of the cash director fees s/he is entitled to receive each quarter. 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 price shown in Table II, Column 8 above is the closing price per share of the Danaher common stock as reported on the NYSE on the transaction date noted above.

2. Upon distribution, the phantom shares convert into shares of Danaher common stock on a one-for-one basis.

3. The reporting person is fully vested in all amounts deferred under the Plan.

Remarks:

	/s/ James F. O'Reilly, attorney-in-fact for Linda Filler	02/03/2026
	** 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 transaction did Danaher (DHR) director Linda Filler report?

Danaher director Linda Filler reported an automatic acquisition of 13.016 phantom shares on January 30, 2026. These were credited under the Non-Employee Directors Deferred Compensation Plan and are tied to deferred cash director fees and related dividend accruals.

How many phantom shares does Linda Filler hold after the latest Danaher (DHR) transaction?

Following the January 30, 2026 transaction, Linda Filler beneficially owns 8,916.282 phantom shares. These represent deferred director compensation and associated dividend accruals, tracked as notional Danaher common stock units within the Non-Employee Directors Deferred Compensation Plan.

At what price were Linda Filler’s new Danaher (DHR) phantom shares valued?

The 13.016 phantom shares were valued using a price of $218.89 per share. This reflects the closing price of Danaher common stock on the New York Stock Exchange on January 30, 2026, when the deferred compensation was converted into notional shares.

What is a phantom share in the context of Danaher (DHR) director compensation?

At Danaher, phantom shares are notional units tied to the value of common stock, credited under the Non-Employee Directors Deferred Compensation Plan. They represent deferred cash fees and dividend accruals and later convert into an equal number of actual Danaher common shares upon distribution.

Is Linda Filler vested in her Danaher (DHR) phantom share awards?

Yes, Linda Filler is fully vested in all amounts deferred under the Non-Employee Directors Deferred Compensation Plan. This includes the phantom shares credited for her deferred director fees and related dividend accruals as described in the plan terms.

How do Danaher (DHR) phantom shares convert into common stock for directors?

Under Danaher’s Non-Employee Directors Deferred Compensation Plan, phantom shares convert into Danaher common stock on a one-for-one basis upon distribution. The number of phantom shares reflects deferred director fees and dividend accruals, initially calculated using the stock’s closing price on quarterly credit dates.