Danaher (NYSE: DHR) grants Steven Rales 1M options and 500k RSUs
Rhea-AI Filing Summary
RALES STEVEN M reported acquisition or exercise transactions in this Form 4 filing.
Danaher Corporation chairman Steven M. Rales received major equity awards. On 2026-08-04 he was granted 1,000,000 non-qualified stock options to buy common stock at $194.78 per share, expiring 2036-08-04, and 500,000 restricted stock units. Both awards vest 50% on the fourth anniversary of the grant date and 50% on the fifth, in each case subject to continued employment through vesting.
After these grants, reported direct holdings include 3,605,808 common shares and the 1,000,000 options, plus indirect holdings of 20,911 shares through a 401(k) plan and 31,000,000 shares held through single-member LLCs owned by a revocable trust controlled by Rales. No sales were reported in these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500,000 shares
Net Buy
4 txns
Insider
RALES STEVEN M
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock option (right to buy) F3 | 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 | -- | -- | -- |
| holding | Common Stock, par value $.01 F2 | -- | -- | -- |
Holdings After Transaction:
Stock option (right to buy) — 1,000,000 shares (Direct);
Common Stock, par value $.01 — 3,605,808 shares (Direct);
Common Stock, par value $.01 — 20,911 shares (Indirect, By 401(k) Plan);
Common Stock, par value $.01 — 31,000,000 shares (Indirect, Through single-member LLCs)
Footnotes (3)
- 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 reported shares are held through single-member LLCs of which a revocable trust controlled by Steven M. Rales is the sole member.
- F3. 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: 1,000,000 shares
Option exercise price: $194.78 per share
Option expiration date: 2036-08-04
+4 more
7 metrics
Stock options granted
1,000,000 shares
Non-qualified stock options granted on 2026-08-04
Option exercise price
$194.78 per share
Exercise price for 1,000,000 non-qualified stock options
Option expiration date
2036-08-04
Expiration date of granted non-qualified stock options
Restricted stock units granted
500,000 units
RSUs representing common stock granted on 2026-08-04
Direct common shares after grant
3,605,808 shares
Direct Danaher common stock holdings following RSU grant
401(k) plan holdings
20,911 shares
Indirect common stock held by a 401(k) plan
LLC indirect holdings
31,000,000 shares
Indirect common stock held through single-member LLCs
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"
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"
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"
revocable trust financial
"a revocable trust controlled by Steven M. Rales is the sole member"
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 equity awards did Danaher (DHR) chairman Steven M. Rales receive on August 4, 2026?
Steven M. Rales received 1,000,000 non-qualified stock options with a $194.78 exercise price and 500,000 restricted stock units. Both awards relate to Danaher common stock and were granted on 2026-08-04 with multi-year vesting conditions.
What are the vesting terms of Steven Rales’s new Danaher (DHR) equity awards?
Both the 1,000,000 stock options and 500,000 restricted stock units vest 50% on the fourth anniversary of the 2026-08-04 grant and 50% on the fifth. Vesting in each tranche requires Rales’s continued employment through the applicable vesting date.
What is the expiration date and exercise price of Steven Rales’s new Danaher (DHR) stock options?
The non-qualified stock options cover 1,000,000 Danaher shares at an exercise price of $194.78 per share. These options expire on 2036-08-04, giving a 10-year term from the 2026-08-04 grant date.
How are Steven Rales’s indirect Danaher (DHR) holdings structured?
Indirect holdings include 20,911 shares held by a 401(k) plan and 31,000,000 shares held through single-member LLCs. According to the disclosure, these LLCs are owned by a revocable trust controlled by Steven M. Rales as sole member.