Danaher (NYSE: DHR) director Teri List granted RSUs and stock options as board compensation

Rhea-AI Filing Summary

Danaher Corporation director Teri List received new equity awards, increasing her ownership stake. She was granted 680 restricted stock units payable in common stock and a director stock option for 1,699 shares at an exercise price of $161.91 per share. Following these awards, she holds 21,470.399 common shares directly and 1,699 options. The RSUs vest on the earlier of one year from grant or the next annual shareholder meeting, while the underlying shares are issued only after the director’s death or several months after retirement from the Board.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider List Teri

Role null

Type	Security	Shares	Price	Value
Grant/Award	Director stock option (right to buy)	1,699	$0.00	--
Grant/Award	Common Stock	680	$0.00	--

Holdings After Transaction: Director stock option (right to buy) — 1,699 shares (Direct, null); Common Stock — 21,470.399 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 680 RSUs Option shares granted: 1,699 shares Option exercise price: $161.91 per share +3 more

6 metrics

RSUs granted 680 RSUs Restricted stock units granted to director on May 15, 2026

Option shares granted 1,699 shares Director stock option grant on May 15, 2026

Option exercise price $161.91 per share Conversion or exercise price of director stock option

Option expiration May 15, 2036 Expiration date of director stock option

Common shares after award 21,470.399 shares Total Danaher common stock held directly after transactions

Options after award 1,699 options Total director stock options held directly after transactions

Key Terms

restricted stock units (RSUs), Director stock option, vest, underlying shares

4 terms

restricted stock units (RSUs) financial

"Danaher Corporation granted the reporting person restricted stock units (RSUs) in the amount indicated."

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

Director stock option financial

"Director stock option (right to buy) with underlying security title Common Stock."

vest financial

"The RSUs vest on the earlier of the first anniversary of the grant date, or the date of the next annual meeting."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

underlying shares financial

"The underlying shares are not issued until the earlier of the director's death or several months after retirement."

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^*

List Teri

(Last) (First) (Middle)

2200 PENNSYLVANIA AVENUE, NW

SUITE 800W

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20037

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/15/2026		A		680(1)	A	$0	21,470.399	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
Director stock option (right to buy)	$161.91	05/15/2026		A		1,699		05/15/2026	05/15/2036	Common Stock	1,699	$0	1,699	D

Explanation of Responses:

1. On the date indicated, Danaher Corporation granted the reporting person restricted stock units (RSUs) in the amount indicated. Since the RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The RSUs vest on the earlier of the first anniversary of the grant date, or the date of (and immediately prior to) the next annual meeting of Danaher's shareholders following the grant date, but the underlying shares are not issued until the earlier of the director's death or the first day of the seventh month following the director's retirement from the Board.

Remarks:

	/s/James F. O'Reilly, attorney-in-fact for Teri L. List	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Danaher (DHR) director Teri List report?

Danaher director Teri List reported receiving equity awards, not open-market trades. She was granted 680 restricted stock units payable in common stock and a director stock option covering 1,699 shares, both dated May 15, 2026, as part of her board compensation.

How many Danaher (DHR) shares does Teri List hold after this Form 4?

After the reported awards, Teri List directly holds 21,470.399 shares of Danaher common stock. She also holds a director stock option for 1,699 shares, giving her a mix of outright share ownership and option-based exposure tied to future stock performance.

What stock option grant did Teri List receive from Danaher (DHR)?

Teri List received a director stock option for 1,699 Danaher shares with a conversion or exercise price of $161.91 per share. The option was granted on May 15, 2026, and is scheduled to expire on May 15, 2036, if not exercised earlier.

How are Teri List’s restricted stock units (RSUs) at Danaher (DHR) structured?

Teri List received 680 RSUs that are payable solely in Danaher common stock. These RSUs vest on the earlier of the first anniversary of the grant date or the next annual shareholder meeting, with actual share issuance deferred until death or several months after Board retirement.

Are Teri List’s Danaher (DHR) Form 4 transactions open-market buys or sells?

The transactions reported are equity awards, not open-market buys or sells. Both the 680 restricted stock units and 1,699-share director stock option were granted as compensation, so no purchase price was paid and no shares were sold in the market.