Danaher (DHR) EVP receives 510 notional stock units in deferred compensation grant

Rhea-AI Filing Summary

Danaher Corporation Executive Vice President Julie A. Sawyer Montgomery reported an annual company contribution under Danaher’s deferred compensation program. On February 2, 2026, her account received 510 notional units of the Danaher Stock Fund at a reference price of $218.89 per share.

These are unfunded, notional shares of Danaher common stock that convert on a one-for-one basis under the plan’s terms. Following this transaction, she holds 2,177.291 derivative units tied to Danaher common stock in the deferred compensation program, reflecting compensation rather than an open-market purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sawyer Montgomery Julie A

Role Executive Vice President

Type	Security	Shares	Price	Value
Grant/Award	Danaher Deferred Compensation Programs - Danaher Stock Fund	510	$218.89	$112K

Holdings After Transaction: Danaher Deferred Compensation Programs - Danaher Stock Fund — 2,177.291 shares (Direct)

Footnotes (1)

1. Represents the Company's annual contribution to the Danaher stock fund in the reporting person's account under one or more of the plans that form part of Danaher's deferred compensation program. The Company contributions are deemed to be invested in a number of unfunded, notional shares of Danaher common stock. The price shown in Table II, Column 8 is the closing price per share of Danaher common stock as reported on the NYSE on the date the notional shares were credited to the participant's account. The notional shares convert on a one-for-one basis. The vesting terms and manner and form of distribution of amounts contributed or deferred under the program are based upon the provisions of the respective plan, which provisions are summarized in the latest Danaher Corporation annual meeting proxy statement on Schedule 14A as filed with the Securities and Exchange Commission.

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^*

Sawyer Montgomery Julie A

(Last) (First) (Middle)

2200 PENNSYLVANIA AVE 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)
	Executive Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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
Danaher Deferred Compensation Programs - Danaher Stock Fund(1)	$0(2)	02/02/2026		A		510		(3)	(3)	Common Stock	510	$218.89	2,177.291	D

Explanation of Responses:

1. Represents the Company's annual contribution to the Danaher stock fund in the reporting person's account under one or more of the plans that form part of Danaher's deferred compensation program. The Company contributions are deemed to be invested in a number of unfunded, notional shares of Danaher common stock. The price shown in Table II, Column 8 is the closing price per share of Danaher common stock as reported on the NYSE on the date the notional shares were credited to the participant's account.

2. The notional shares convert on a one-for-one basis.

3. The vesting terms and manner and form of distribution of amounts contributed or deferred under the program are based upon the provisions of the respective plan, which provisions are summarized in the latest Danaher Corporation annual meeting proxy statement on Schedule 14A as filed with the Securities and Exchange Commission.

Remarks:

	/s/ James F. O'Reilly as attorney-in-fact for Julie A. Sawyer Montgomery	02/04/2026
	** 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 did Danaher (DHR) Executive Vice President Julie A. Sawyer Montgomery report in this Form 4?

She reported a company contribution of 510 notional units in the Danaher Stock Fund to her deferred compensation account. These units are tied to Danaher common stock and reflect compensation, not an open-market trade, under the company’s deferred compensation program.

How many notional Danaher Stock Fund units did the DHR executive receive?

She received 510 notional units in the Danaher Stock Fund on February 2, 2026. These units represent unfunded, notional shares of Danaher common stock credited as part of the company’s annual deferred compensation contribution to her account.

What price was used to value the Danaher notional shares in this Form 4?

The notional shares were valued at $218.89 per share, based on the NYSE closing price of Danaher common stock on the credit date. This reference price is used to determine how many notional units are credited in the deferred compensation program.

How many Danaher-related derivative units does the executive hold after this transaction?

After the transaction, she beneficially owns 2,177.291 derivative units linked to Danaher common stock within the deferred compensation program. This total reflects accumulated notional units credited over time under the company’s deferred compensation plans.

Are the Danaher units in this filing actual shares or notional interests?

They are unfunded, notional interests that track Danaher common stock value. The filing states these notional shares convert on a one-for-one basis, with vesting and distribution governed by the company’s deferred compensation plan provisions summarized in its annual proxy statement.

Is this Danaher Form 4 a stock sale or purchase by the executive?

No, it reflects an annual company contribution to her deferred compensation account, not a market trade. The units are notional shares of Danaher common stock credited under the deferred compensation program rather than shares bought or sold on an exchange.