What the executives and directors of Danaher Corporation actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| RALES STEVEN M Chairman | Officer | 4.2M | — | — |
| RALES MITCHELL P Chairman of Exec. Committee | Officer | 1.7M | — | $234.6M |
| LOHR WALTER G | Director | 408.4K | — | — |
| SPOON ALAN G | Director | 133.5K | — | $237K |
| Weidemanis Joakim Executive Vice President | Officer | 87.3K | — | — |
| King William SVP, Strategic Development | Officer | 55.2K | — | — |
| Zerhouni Elias A. | Director | 50.2K | — | — |
| Blair Rainer President & CEO | CEO | 38K | — | — |
| McGrew Matthew Executive Vice President | Officer | 37K | — | $3.5M |
| FILLER LINDA | Director | 28K | — | — |
| Sawyer Montgomery Julie A Executive Vice President | Officer | 23.3K | — | — |
| Riley Christopher Paul Executive Vice President | Officer | 21.5K | — | — |
| List Teri | Director | 21.5K | — | $1.3M |
| SCHWIETERS JOHN T | Director | 21K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-01 | SPOON ALAN G (Director) | Discretionary sale | 1,358 | $174.67 | $237K |
| 2026-02-19 | Milosevich Gregory M (Officer) | Discretionary sale | 1,320 | $208.01 | $275K |
| 2025-11-25 | RALES MITCHELL P (Officer) | Discretionary sale | 4,726 | $231.19 | $1.1M |
| 2025-11-25 | RALES MITCHELL P (Officer) | Discretionary sale | 35.9K | $230.27 | $8.3M |
| 2025-11-18 | List Teri (Director) | Discretionary sale | 3,298 | $226.50 | $747K |
| 2025-11-12 | RALES MITCHELL P (Officer) | Discretionary sale | 23.4K | $220.15 | $5.1M |
| 2025-11-12 | RALES MITCHELL P (Officer) | Discretionary sale | 25.9K | $217.64 | $5.6M |
| 2025-11-12 | RALES MITCHELL P (Officer) | Discretionary sale | 133.2K | $219.43 | $29.2M |
| 2025-11-12 | RALES MITCHELL P (Officer) | Discretionary sale | 254.6K | $218.27 | $55.6M |
| 2025-11-12 | Ellis Brian W (Officer) | Discretionary sale | 7,109 | $219.21 | $1.6M |
| 2025-11-12 | Ellis Brian W (Officer) | Discretionary sale | 14.7K | $219.23 | $3.2M |
| 2025-11-11 | McGrew Matthew (CFO) | Discretionary sale | 16.2K | $214.62 | $3.5M |
| 2025-11-10 | Couchara Georgeann (Officer) | Discretionary sale | 998 | $210.31 | $210K |
| 2025-11-10 | Couchara Georgeann (Officer) | Discretionary sale | 4,176 | $210.44 | $879K |
| 2025-10-31 | RALES MITCHELL P (Officer) | Discretionary sale | 68.1K | $217.17 | $14.8M |
| 2025-10-31 | RALES MITCHELL P (Officer) | Discretionary sale | 223.4K | $216.26 | $48.3M |
| 2025-10-31 | RALES MITCHELL P (Officer) | Discretionary sale | 308.4K | $215.67 | $66.5M |
| 2025-08-22 | List Teri (Director) | Discretionary sale | 2,778 | $211.06 | $586K |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 47.3K | $200.83 | $9.5M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 58.3K | $197.86 | $11.5M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 109.8K | $195.69 | $21.5M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 159K | $199.67 | $31.7M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 164.4K | $199.15 | $32.7M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 166.2K | $194.08 | $32.3M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 189.3K | $197.06 | $37.3M |
| 2025-05-12 | RALES STEVEN M (Officer) | Discretionary sale | 355.7K | $194.97 | $69.3M |
| 2025-04-30 | Riley Christopher Paul (Officer) | Discretionary sale | 7,801 | $197.95 | $1.5M |
| 2025-04-30 | Riley Christopher Paul (Officer) | Discretionary sale | 8,004 | $198.05 | $1.6M |
| 2025-02-07 | SPOON ALAN G (Director) | Discretionary sale | 550 | $206.46 | $114K |
| 2025-01-30 | Ellis Brian W (Officer) | Discretionary sale | 5,700 | $224.13 | $1.3M |
| 2024-11-26 | Raskas Daniel (Officer) | Discretionary sale | 26.3K | $236.59 | $6.2M |
| 2024-11-25 | Raskas Daniel (Officer) | Discretionary sale | 8,370 | $238.00 | $2M |
| 2024-08-26 | Couchara Georgeann (Officer) | Discretionary sale | 952 | $268.37 | $255K |
| 2024-08-01 | FILLER LINDA (Director) | Discretionary sale | 3,928 | $279.50 | $1.1M |
| 2024-08-01 | McGrew Matthew (CFO) | Discretionary sale | 16.2K | $279.84 | $4.5M |
| 2024-07-31 | Blair Rainer (CEO) | Discretionary sale | 9,007 | $280.00 | $2.5M |
| 2024-07-25 | Raskas Daniel (Officer) | Discretionary sale | 14.5K | $270.51 | $3.9M |
| 2024-07-25 | Ellis Brian W (Officer) | Discretionary sale | 9,600 | $275.16 | $2.6M |
| 2024-05-16 | Blair Rainer (CEO) | Discretionary sale | 9,005 | $265.00 | $2.4M |
| 2024-05-14 | Blair Rainer (CEO) | Discretionary sale | 19.1K | $255.00 | $4.9M |
| 2024-05-10 | McGrew Matthew (CFO) | Discretionary sale | 9,243 | $253.19 | $2.3M |
| 2024-05-10 | McGrew Matthew (CFO) | Discretionary sale | 15.9K | $252.95 | $4M |
| 2024-05-10 | McGrew Matthew (CFO) | Discretionary sale | 21.2K | $253.08 | $5.4M |
| 2024-05-02 | SPOON ALAN G (Director) | Discretionary sale | 708 | $243.58 | $172K |
| 2024-04-25 | Weidemanis Joakim (Officer) | Discretionary sale | 22.4K | $250.46 | $5.6M |
| 2024-04-24 | Ellis Brian W (Officer) | Discretionary sale | 4,000 | $250.01 | $1M |
| 2024-04-24 | Blair Rainer (CEO) | Discretionary sale | 9,005 | $250.00 | $2.3M |
| 2024-04-24 | Blair Rainer (CEO) | Discretionary sale | 38.2K | $249.03 | $9.5M |
| 2024-02-26 | Raskas Daniel (Officer) | Discretionary sale | 23.8K | $252.00 | $6M |
| 2024-02-15 | LOHR WALTER G (Director) | Discretionary sale | 3,289 | $251.15 | $826K |
| 2024-02-13 | Couchara Georgeann (Officer) | Discretionary sale | 844 | $242.66 | $205K |
| 2024-02-13 | Couchara Georgeann (Officer) | Discretionary sale | 1,778 | $242.68 | $431K |
| 2024-02-06 | List Teri (Director) | Discretionary sale | 3,289 | $248.32 | $817K |
| 2023-08-21 | Gutierrez-Ramos Jose-Carlos (Officer) | Discretionary sale | 590 | $250.54 | $148K |
| 2023-07-28 | FILLER LINDA (Director) | Discretionary sale | 2,922 | $260.26 | $760K |
| 2023-07-28 | FILLER LINDA (Director) | Discretionary sale | 7,268 | $260.25 | $1.9M |
| 2023-07-28 | Raskas Daniel (Officer) | Discretionary sale | 11.2K | $260.65 | $2.9M |
| 2023-07-26 | Weidemanis Joakim (Officer) | Discretionary sale | 22.4K | $263.42 | $5.9M |
| 2023-07-26 | List Teri (Director) | Discretionary sale | 3,490 | $263.30 | $919K |
| 2023-05-31 | Raskas Daniel (Officer) | Discretionary sale | 19.8K | $228.50 | $4.5M |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.