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

Rhea-AI Filing Summary

Danaher (DHR) director and officer Mitchell P. Rales reported open‑market sales totaling 437,000 shares of common stock on November 12, 2025 at weighted average prices of $217.64, $218.27, $219.43 and $220.15.

Following these transactions, he beneficially owns 553,228 shares directly. Indirect holdings include 912,654 shares through the Mitchell P. Rales Family Trust, 667 by a 401(k) plan, 3,256 in a trust for a daughter (plus another 3,256 in a second trust), and 25,671,000 shares through single‑member LLCs.

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)
11/12/2025

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	11/12/2025		S		25,855	D	$217.64(1)	964,373	D
Common Stock, par value $.01	11/12/2025		S		254,553	D	$218.27(2)	709,820	D
Common Stock, par value $.01	11/12/2025		S		133,233	D	$219.43(3)	576,587	D
Common Stock, par value $.01	11/12/2025		S		23,359	D	$220.15(4)	553,228	D
Common Stock, par value $.01								912,654	I	Through the Mitchell P. Rales Family Trust(5)
Common Stock, par value $.01								667	I	By 401(k) Plan
Common Stock, par value $.01								3,256	I	By trust for daughter(6)
Common Stock, par value $.01								3,256	I	By trust for daughter(6)
Common Stock, par value $.01								25,671,000	I	Through single-member LLCs(7)

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 price reported in Column 4 represents a weighted average sales price of $217.64. These shares were sold in multiple transactions at prices ranging from $216.92 to $217.915, inclusive. The reporting person undertakes to provide to Danaher Corp., any security holder of Danaher Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in footnotes 1 through 4 of this Form 4.

2. The price reported in Column 4 represents a weighted average sales price of $218.27. These shares were sold in multiple transactions at prices ranging from $217.92 to $218.905, inclusive.

3. The price reported in Column 4 represents a weighted average sales price of $219.43. These shares were sold in multiple transactions at prices ranging from $218.935 to $219.93, inclusive.

4. The price reported in Column 4 represents a weighted average sales price of $220.15. These shares were sold in multiple transactions at prices ranging from $219.935 to $220.33, inclusive.

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

6. 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.

7. 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	11/13/2025
	** 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 did DHR insider Mitchell P. Rales report in the Form 4?

He reported open‑market sales of a total of 437,000 Danaher common shares on November 12, 2025 at weighted average prices between $217.64 and $220.15.

How many Danaher (DHR) shares did Mitchell P. Rales sell and at what prices?

Sales were in four tranches: 25,855 at $217.64, 254,553 at $218.27, 133,233 at $219.43, and 23,359 at $220.15.

How many DHR shares does he hold directly after the transactions?

He beneficially owns 553,228 Danaher shares directly after the reported sales.

What indirect DHR holdings were disclosed for Mitchell P. Rales?

Indirect holdings include 912,654 via a family trust, 667 via a 401(k) plan, two daughter trusts with 3,256 shares each, and 25,671,000 via single‑member LLCs.

When did the reported DHR transactions occur?

All reported sales occurred on November 12, 2025.

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

He is a Director and an Officer (Chairman of the Executive Committee).