Danaher VP & CAO Exercises Expiring Options and Sells $1.78M in Shares

Executive Summary

On October 28, 2026, Christopher Bouda, Vice President and Chief Accounting Officer of Danaher Corporation (NYSE: DHR), reported the exercise of employee stock options and the subsequent sale of 7,598 shares of common stock for total gross proceeds of approximately $1.78 million.

Transaction Breakdown

• Option Exercises (Code M):

  • Exercised 4,345 options at a strike price of $70.74 per share.
  • Exercised 3,253 options at a strike price of $70.74 per share.
  • Total exercise cost: $537,482.52.
  • Both tranches were originally granted on November 15, 2016, and were slated to expire on November 15, 2026.

• Open Market Dispositions (Code S):

  • Sold 4,345 shares at a weighted average price of $234.537.
  • Sold 3,253 shares at a weighted average price of $234.5816.
  • Total sale proceeds: $1,782,157.21.
  • Net pre-tax profit realized: ~$1,244,674.69.

Post-Transaction Holdings

• Direct Ownership: 9,107 shares of Common Stock.
• Indirect Ownership: 679.688 shares held via the company 401(k) plan.

Trading Significance

This transaction carries Low informational significance. The options were granted in November 2016 under a 10-year term and were within weeks of expiration (November 15, 2026). Same-day exercise-and-sell activity under such circumstances is standard executive liquidity planning to capture in-the-money value before expiration, rather than a directional sentiment signal on Danaher's business outlook.