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

Rhea-AI Filing Summary

Danaher Corporation (DHR) director and officer Mitchell P. Rales reported an insider transaction involving Danaher common stock. On 11/25/2025, a family trust for which he serves as trustee transferred 22,029 shares of common stock as a gift at a reported price of $0. Following this transaction, that family trust held 890,625 shares indirectly.

In addition, Rales is shown as holding 553,228 shares directly, 667 shares through a 401(k) plan, and 3,256 shares in custodial accounts for his daughter, for which he disclaims beneficial ownership. A further 25,671,000 shares are held indirectly through single-member LLCs owned by a revocable trust of which he is sole trustee and beneficiary.

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
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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^*

RALES MITCHELL P

(Last) (First) (Middle)

11790 GLEN ROAD

(Street)

POTOMAC MD 20854

(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
X	Officer (give title below)		Other (specify below)
	Chairman of Exec. Committee

3. Date of Earliest Transaction (Month/Day/Year)
11/25/2025

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, par value $.01	11/25/2025		G		22,029	D	$0	890,625	I	Through the Mitchell P. Rales Family Trust(1)
Common Stock, par value $.01								553,228	D
Common Stock, par value $.01								667	I	By 401(k) Plan
Common Stock, par value $.01								3,256	I	By trust for daughter(2)
Common Stock, par value $.01								3,256	I	By trust for daughter(2)
Common Stock, par value $.01								25,671,000	I	Through single-member LLCs(3)

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

Explanation of Responses:

1. The Reporting Person is the trustee of the Mitchell P. Rales Family Trust.

2. The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.

3. The reported shares are held through single-member LLCs, of which a revocable trust with the Reporting Person as the sole trustee and beneficiary is the sole member.

	By: /s/ Mitchell P. Rales	11/25/2025
	** 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 transaction did Mitchell P. Rales report for Danaher (DHR)?

Mitchell P. Rales reported a gift of 22,029 shares of Danaher common stock on 11/25/2025, transferred from the Mitchell P. Rales Family Trust at a reported price of $0.

What is Mitchell P. Rales’s role at Danaher (DHR)?

Mitchell P. Rales is reported as a director and an officer of Danaher, serving as Chairman of the Executive Committee.

How many Danaher (DHR) shares does the family trust hold after the reported gift?

After the reported gift of 22,029 shares, the Mitchell P. Rales Family Trust is shown as holding 890,625 shares of Danaher common stock indirectly.

What other Danaher (DHR) share holdings are reported for Mitchell P. Rales?

Rales is shown holding 553,228 shares directly, 667 shares through a 401(k) plan, and 25,671,000 shares indirectly through single-member LLCs owned by a revocable trust.

How are the Danaher (DHR) shares held for Mitchell P. Rales’s daughter treated?

The filing reports 3,256 shares held through custodial accounts for his daughter. It states that Rales disclaims beneficial ownership of these shares, and the report should not be deemed an admission of beneficial ownership for Section 16 or any other purpose.

Does the Form 4 indicate how many Danaher (DHR) shares are held through LLCs?

Yes. The filing states that 25,671,000 shares of Danaher common stock are held through single-member LLCs, whose sole member is a revocable trust with Rales as sole trustee and beneficiary.