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Danaher (NYSE: DHR) EVP sells 1,320 shares after exercising options

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Danaher Corporation Executive Vice President Gregory M. Milosevich exercised employee stock options covering 1,320 shares on February 19, 2026, converting them into common stock at an exercise price of $58.5900 per share. On the same day, he sold 1,320 common shares at $208.0110 per share, leaving him with 5,099 directly owned shares. The options had vested in five equal annual installments from their original grant date, as disclosed in the footnote.

Positive

  • None.

Negative

  • None.
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*
Milosevich Gregory M

(Last) (First) (Middle)
2200 PENNSYLVANIA AVE NW
SUITE 800W

(Street)
WASHINGTON DC 20037

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 02/19/2026 M 1,320 A $58.59 6,419 D
Common Stock 02/19/2026 S 1,320 D $208.011 5,099 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
Employee stock option (right to buy) $58.59 02/19/2026 M 1,320 02/24/2016(1) 02/24/2026 Common Stock 1,320 $0 0 D
Explanation of Responses:
1. Date shown is grant date. One fifth of the options became exercisable on each of the first five anniversaries of the grant date.
Remarks:
/s/ James F. O'Reilly, as attorney-in-fact for Gregory M Milosevich 02/20/2026
** 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.

FAQ

What insider transaction did Danaher (DHR) report for Gregory M. Milosevich?

Danaher reported that Executive Vice President Gregory M. Milosevich exercised options for 1,320 shares and sold 1,320 common shares on February 19, 2026. The sale followed an option exercise and left him holding 5,099 shares directly.

How many Danaher (DHR) shares did Gregory Milosevich sell and at what price?

Gregory Milosevich sold 1,320 shares of Danaher common stock at $208.0110 per share. The sale occurred on February 19, 2026 and was reported as an open-market or private transaction under transaction code S.

What was the exercise price of Gregory Milosevich’s Danaher (DHR) stock options?

The employee stock options exercised by Gregory Milosevich had an exercise price of $58.5900 per share. Exercising these options converted 1,320 derivative securities into an equal number of Danaher common shares before the subsequent sale.

How many Danaher (DHR) shares does Gregory Milosevich own after this Form 4?

After the reported transactions, Gregory Milosevich directly owns 5,099 Danaher common shares. This reflects the net position following the exercise of 1,320 options into stock and the same-day sale of 1,320 common shares.

What does transaction code M mean in the Danaher (DHR) Form 4 for Milosevich?

Transaction code M on the Danaher Form 4 indicates an exercise or conversion of a derivative security. For Gregory Milosevich, it reflects the exercise of employee stock options into 1,320 Danaher common shares on February 19, 2026.

How did Gregory Milosevich’s Danaher (DHR) options vest according to the filing?

The filing notes that one fifth of Gregory Milosevich’s options became exercisable on each of the first five anniversaries of the grant date. This created a five-year vesting schedule before all the reported options became fully exercisable.
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Industrial Instruments for Measurement, Display, and Control
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