Blair Rainer 4

What Happened Blair Rainer, President & CEO and a Director of Danaher (DHR), had 7,750 shares disposed (withheld/sold) at $223.42 for tax withholding, generating about $1,731,505, and simultaneously received 1,834.7 shares as a derivative award (performance-based restricted stock units) priced at $228.92, valued at $420,000. The disposal reflects tax withholding linked to the RSU distribution rather than an open-market sale for investment purposes.

Key Details

• Transactions date: 2026-02-02 (reported on Form 4 filed 2026-02-04).
• Disposal (code F): 7,750 shares @ $223.42 = $1,731,505 (withheld/sold to cover taxes).
• Award/Acquisition (code A, derivative): 1,834.7 shares @ $228.92 = $420,000 (performance-based RSUs).
• Net immediate share change from these entries: a reduction of ~5,915.3 shares (7,750 disposed vs 1,834.7 received).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes: F1 — withholding of shares for taxes in connection with performance-based RSU distribution. F2–F4 describe Danaher’s deferred compensation/notional share program and vesting/distribution rules (as summarized in the company proxy).
• Filing timeliness: Form 4 was filed two days after the transaction date (appears timely under standard Form 4 rules).

Context

• The acquisition reflects the distribution of performance-based RSUs; the disposal was a tax-withholding action tied to that distribution (routine administrative step), not necessarily a discretionary sale indicating sentiment.
• Codes: F = tax withholding/disposition; A = grant/award (derivative). No option exercise or open-market purchase was reported in this filing.