Danaher Co-Founder Mitchell Rales Waives 500,000 RSU Award
DANAHER CORP /DE/
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Filing Summary
### Insider Filing: Danaher Corp ($DHR)
**Insider:** Mitchell P. Rales (Chairman of Exec. Committee, Director)
**Transaction Date:** October 9, 2026
**Action:** Disposition / Waiver (Code D)
**Shares Transacted:** 500,000 shares
**Price:** $0.00
**Direct Holdings Post-Transaction:** 53,228 shares
**Notes:** Reporting person voluntarily waived right to an RSU award granted on August 4, 2026 for no consideration. Indirect holdings exceed 26.9 million shares.
Comprehensive Analysis
Overview & Context
On October 14, 2026, Mitchell P. Rales, Director and Chairman of the Executive Committee of Danaher Corporation ($DHR), filed a Form 4 disclosing a transaction dated October 9, 2026. The transaction reflects the disposition/forfeiture of 500,000 shares of common stock at $0 per share.
According to footnote disclosure, Mr. Rales voluntarily waived his right to a restricted stock unit (RSU) award previously granted to him on August 4, 2026, receiving zero consideration in return.
Transaction Details
- Security: Common Stock, par value $.01
- Transaction Code: D (Disposition to the issuer)
- Shares: 500,000 RSUs waived
- Price per Share: $0.00
- Value Realized: $0.00
Ownership Profile Post-Transaction
Following the cancellation of the RSU grant:
- Direct Ownership: 53,228 common shares.
- Indirect Ownership: Substantial holdings remained unchanged, including:
- 26,171,000 shares held via single-member LLCs (beneficially owned via revocable trust).
- 778,352 shares held via the Mitchell P. Rales Family Trust.
- 801 shares held via a 401(k) plan.
- 6,512 shares held in trusts for his daughter (disclaimed beneficial ownership).
Market Impact & Significance
This transaction does not represent an open-market liquidation or direct sale of equity. Instead, it reflects a voluntary compensation adjustment/waiver by a key co-founder and major insider. While 500,000 shares is a substantial grant, the waiver removes potential dilution without indicating insider selling pressure.
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Important Disclaimer
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