Danaher EVP McGrew exercises options, sells shares

Q: What were the terms of Matthew McGrew’s DHR stock-option exercise?

On October 28, 2026, Matthew McGrew exercised 15,603 employee stock options at $76.47 per share. Twenty percent of the options granted became exercisable on each of the first five anniversaries of the February 24, 2017 grant date. The options’ expiration date was February 24, 2027.

The executive vice president’s reported sale prices ranged from $235.20 to $235.715 and from $236.03 to $236.19 across the two transactions.

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Rhea-AI Filing Summary

Danaher (DHR) Executive Vice President Matthew McGrew exercised 15,603 employee stock options on October 28, 2026, at $76.47 per share, then sold 15,603 common shares at a weighted average $236.0939 per share. He also sold 14,151 common shares at a weighted average $235.3523 per share. The derivative-option position was reported as 0 afterward; 10,276 common shares were held indirectly through a 401(k). No Rule 10b5-1 plan is reported.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 5 txns

Insider McGrew Matthew

Role Executive Vice President

Sold 29,754 shs ($7.01M)

Approx. gross sale proceeds $7.01M

Approx. exercise cost $1.19M

Type	Security	Shares	Price	Value
Exercise	Employee stock option (right to buy) ^F3	15,603	$0.00	$0.00
Sale	Common Stock ^F1	14,151	$235.3523	$3.33M
Exercise	Common Stock	15,603	$76.47	$1.19M
Sale	Common Stock ^F2	15,603	$236.0939	$3.68M
holding	Common Stock	--	--	--

Holdings After Transaction: Employee stock option (right to buy) — 0 contracts (Direct); Common Stock — 12,674 shares (Direct); Common Stock — 10,276.067 shares (Indirect, By 401(k))

Footnotes (3)

F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.20 to $235.715, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.03 to $236.19, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3. Twenty percent of the options granted became exercisable on each of the first five anniversaries of the grant date, which was February 24, 2017.

Key Figures

Employee stock options exercised: 15,603 options Exercise price: $76.47 per share Common shares sold: 14,151 shares +5 more

8 metrics

Employee stock options exercised 15,603 options October 28, 2026

Exercise price $76.47 per share October 28, 2026

Common shares sold 14,151 shares October 28, 2026

Weighted average sale price $235.3523 per share Sale of 14,151 shares on October 28, 2026

Common shares sold 15,603 shares October 28, 2026

Weighted average sale price $236.0939 per share Sale of 15,603 shares on October 28, 2026

Derivative options following exercise 0 options Reported after the October 28, 2026 transaction

Common shares held indirectly through a 401(k) 10,276 shares October 28, 2026

Key Terms

Employee stock option (right to buy), weighted average price, exercisable, 401(k)

4 terms

Employee stock option (right to buy) financial

"Employee stock option (right to buy)"

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

exercisable financial

"options granted became exercisable on each of the first five anniversaries"

401(k) financial

"By 401(k)"

A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DHR shares did Matthew McGrew sell?

Matthew McGrew reported two Danaher sales on October 28, 2026: 14,151 shares at a weighted average $235.3523 per share, in transactions ranging from $235.20 to $235.715 inclusive, and 15,603 shares at a weighted average $236.0939 per share, ranging from $236.03 to $236.19 inclusive. No Rule 10b5-1 plan is reported.

What were the terms of Matthew McGrew’s DHR stock-option exercise?

On October 28, 2026, Matthew McGrew exercised 15,603 employee stock options at $76.47 per share. Twenty percent of the options granted became exercisable on each of the first five anniversaries of the February 24, 2017 grant date. The options’ expiration date was February 24, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/29/2026 - 05:00 PM EDT Accepted by SEC EDGAR 10/29/2026 - 05:00 PM EDT

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^*

McGrew Matthew

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Vice President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/28/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/28/2026		S		14,151	D	$235.3523⁽¹⁾	12,674	D
Common Stock	10/28/2026		M		15,603	A	$76.47	28,277	D
Common Stock	10/28/2026		S		15,603	D	$236.0939⁽²⁾	12,674	D
Common Stock								10,276.067	I	By 401(k)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee stock option (right to buy)	$76.47	10/28/2026		M			15,603	⁽³⁾	02/24/2027	Common Stock	15,603	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.20 to $235.715, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.03 to $236.19, inclusive. The reporting person undertakes to provide to Danaher Corporation, any securityholder of Danaher Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

3. Twenty percent of the options granted became exercisable on each of the first five anniversaries of the grant date, which was February 24, 2017.

Remarks:

	/s/ James F. O'Reilly, attorney-in-fact for Matthew McGrew	10/29/2026
	** 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)

Source: View Original Filing on SEC EDGAR