Danaher insider activity
What the executives and directors of Danaher actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
−$258M
net open-market flow, 12 m
0 open-market buys, 12 m
0%
of sale value on 10b5-1 plans, 12 m
1,589 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the 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 grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 131 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 4, 2026 | RALES STEVEN M | 500K |
| Aug 4, 2026 | RALES MITCHELL P | 500K |
| Aug 4, 2026 | Gutierrez-Ramos Jose-Carlos | 13K |
| Aug 4, 2026 | Riley Christopher Paul | 41K |
| Aug 4, 2026 | Milosevich Gregory M | 15K |
| Jul 15, 2026 | FILLER LINDA | 4,479 |
| Jul 15, 2026 | Zerhouni Elias A. | 4,479 |
| Jul 15, 2026 | Bouda Christopher | 60 |
| May 15, 2026 | SPOON ALAN G | 680 |
| May 15, 2026 | FILLER LINDA | 680 |
| May 15, 2026 | Zerhouni Elias A. | 680 |
| May 15, 2026 | Dewan Feroz | 680 |
| May 15, 2026 | List Teri | 680 |
| May 15, 2026 | Stevens Raymond C | 680 |
| May 15, 2026 | Sanders A Shane | 680 |
| May 15, 2026 | Couchara Georgeann | 281 |
| May 15, 2026 | Lamanna Charles W | 680 |
| May 1, 2026 | SPOON ALAN G | 3,298 |
| Mar 1, 2026 | Gutierrez-Ramos Jose-Carlos | 7,275 |
| Mar 1, 2026 | Bouda Christopher | 1,652 |
| Mar 1, 2026 | Couchara Georgeann | 4,962 |
| Mar 1, 2026 | Riley Christopher Paul | 7,529 |
| Mar 1, 2026 | Sawyer Montgomery Julie A | 7,624 |
| Mar 1, 2026 | Milosevich Gregory M | 4,580 |
| Mar 1, 2026 | GRAY R BRADLEY | 2,849 |
| Mar 1, 2026 | Leiken Jonathan | 2,374 |
| Mar 1, 2026 | Blair Rainer | 18K |
| Mar 1, 2026 | McGrew Matthew | 5,935 |
| Mar 1, 2026 | Gugino Matthew E | 4,219 |
| Feb 27, 2026 | RALES MITCHELL P | 72K |
| Feb 19, 2026 | Milosevich Gregory M | 1,320 |
| Feb 4, 2026 | Ellis Brian W | 2,949 |
| Feb 4, 2026 | Gutierrez-Ramos Jose-Carlos | 2,547 |
| Feb 4, 2026 | Blair Rainer | 16K |
| Feb 4, 2026 | McGrew Matthew | 4,540 |
| Feb 4, 2026 | Riley Christopher Paul | 1,686 |
| Feb 4, 2026 | Couchara Georgeann | 1,413 |
| Feb 4, 2026 | Sawyer Montgomery Julie A | 848 |
| Feb 4, 2026 | Milosevich Gregory M | 679 |
| Nov 25, 2025 | RALES MITCHELL P | 22K |
| Nov 18, 2025 | List Teri | 3,298 |
| Nov 15, 2025 | GRAY R BRADLEY | 1,402 |
| Nov 15, 2025 | Leiken Jonathan | 10K |
| Nov 15, 2025 | Sawyer Montgomery Julie A | 265 |
| Nov 15, 2025 | Milosevich Gregory M | 35 |
| Nov 12, 2025 | Ellis Brian W | 22K |
| Nov 11, 2025 | McGrew Matthew | 16K |
| Nov 10, 2025 | Couchara Georgeann | 4,176 |
| Jul 15, 2025 | SCHWIETERS JOHN T | 5,137 |
| Jul 15, 2025 | Zerhouni Elias A. | 5,137 |
| Jul 15, 2025 | Bouda Christopher | 61 |
| Jul 2, 2025 | List Teri | 5,078 |
| May 15, 2025 | SPOON ALAN G | 577 |
| May 15, 2025 | SCHWIETERS JOHN T | 577 |
| May 15, 2025 | FILLER LINDA | 577 |
| May 15, 2025 | Zerhouni Elias A. | 577 |
| May 15, 2025 | Dewan Feroz | 577 |
| May 15, 2025 | List Teri | 577 |
| May 15, 2025 | Blair Rainer | 27K |
| May 15, 2025 | Stevens Raymond C | 577 |
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.
The chart, in numbers
| Flow | Shares |
|---|---|
| From holdings | 77K |
| Granted | 1.2M |
| Vested / exercised | 57K |
| Withheld for tax | 21K |
| Discretionary sales | 1.2M |
| Gifts | 94K |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to 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.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| RALES MITCHELL P | 1.9M | 553K | 29.6 |
| SPOON ALAN G | 104K | 125K | 120 |
| Blair Rainer | 42K | 38K | 90.4 |
Who holds what
the 14 largest holdings of 29| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| RALES STEVEN M Chairman Last trade May 12, 2025 | Officer | 3.6M | – | – | May 12, 2025 | |
| RALES MITCHELL P Chairman of Exec. Committee Last trade Nov 25, 2025 | Officer | 1.3M | – | $235M | net selling over the year: 0 months buying, 2 months selling | Nov 25, 2025 |
| LOHR WALTER G Last trade Feb 15, 2024 | Director | 408K | – | – | Feb 15, 2024 | |
| SPOON ALAN G Last trade May 1, 2026 | Director | 133K | – | $237K | net selling over the year: 0 months buying, 1 month selling | May 1, 2026 |
| Weidemanis Joakim Executive Vice President Last trade Apr 25, 2024 | Officer | 87K | – | – | Apr 25, 2024 | |
| Blair Rainer President & CEO Last trade Aug 21, 2026 | CEO | 85K | – | $13M | net selling over the year: 0 months buying, 1 month selling | Aug 21, 2026 |
| Riley Christopher Paul Executive Vice President Last trade Apr 30, 2025 | Officer | 61K | – | – | Apr 30, 2025 | |
| King William SVP, Strategic Development Last trade Jul 28, 2020 | Officer | 55K | – | – | Jul 28, 2020 | |
| Zerhouni Elias A. Last trade Nov 29, 2021 | Director | 50K | – | – | Nov 29, 2021 | |
| McGrew Matthew Executive Vice President Last trade Nov 11, 2025 | Officer | 37K | – | $3.5M | net selling over the year: 0 months buying, 1 month selling | Nov 11, 2025 |
| Gutierrez-Ramos Jose-Carlos SVP, Chief Science Officer Last trade Aug 21, 2023 | Officer | 32K | – | – | Aug 21, 2023 | |
| FILLER LINDA Last trade Aug 1, 2024 | Director | 28K | – | – | Aug 1, 2024 | |
| Milosevich Gregory M Executive Vice President Last trade Feb 19, 2026 | Officer | 24K | – | $275K | net selling over the year: 0 months buying, 1 month selling | Feb 19, 2026 |
| Sawyer Montgomery Julie A Executive Vice President | Officer | 23K | – | – | – |
Open-market trade log
the 60 most recent of 1,490| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Aug 21, 2026 | Blair Rainer (CEO) 7,755 shares $219.35 −0.3% since trade filed Aug 24, 2026 | Discretionary sale | 7,755 | $219.35 | $1.7M | −0.3% | Aug 24, 2026 |
| Aug 21, 2026 | Blair Rainer (CEO) 11K shares $217.77 +0.4% since trade filed Aug 24, 2026 | Discretionary sale | 11K | $217.77 | $2.5M | +0.4% | Aug 24, 2026 |
| Aug 21, 2026 | Blair Rainer (CEO) 39K shares $218.73 +0.0% since trade filed Aug 24, 2026 | Discretionary sale | 39K | $218.73 | $8.6M | +0.0% | Aug 24, 2026 |
| May 1, 2026 | SPOON ALAN G (Director) 1,358 shares $174.67 +25.2% since trade filed May 4, 2026 | Discretionary sale | 1,358 | $174.67 | $237K | +25.2% | May 4, 2026 |
| Feb 19, 2026 | Milosevich Gregory M (Officer) 1,320 shares $208.01 +5.2% since trade filed Feb 20, 2026 | Discretionary sale | 1,320 | $208.01 | $275K | +5.2% | Feb 20, 2026 |
| Nov 25, 2025 | RALES MITCHELL P (Officer) 4,726 shares $231.19 −5.4% since trade filed Nov 26, 2025 | Discretionary sale | 4,726 | $231.19 | $1.1M | −5.4% | Nov 26, 2025 |
| Nov 25, 2025 | RALES MITCHELL P (Officer) 36K shares $230.27 −5.0% since trade filed Nov 26, 2025 | Discretionary sale | 36K | $230.27 | $8.3M | −5.0% | Nov 26, 2025 |
| Nov 18, 2025 | List Teri (Director) 3,298 shares $226.50 −3.4% since trade filed Nov 19, 2025 | Discretionary sale | 3,298 | $226.50 | $747K | −3.4% | Nov 19, 2025 |
| Nov 12, 2025 | RALES MITCHELL P (Officer) 23K shares $220.15 −0.7% since trade filed Nov 13, 2025 | Discretionary sale | 23K | $220.15 | $5.1M | −0.7% | Nov 13, 2025 |
| Nov 12, 2025 | RALES MITCHELL P (Officer) 26K shares $217.64 +0.5% since trade filed Nov 13, 2025 | Discretionary sale | 26K | $217.64 | $5.6M | +0.5% | Nov 13, 2025 |
| Nov 12, 2025 | RALES MITCHELL P (Officer) 133K shares $219.43 −0.3% since trade filed Nov 13, 2025 | Discretionary sale | 133K | $219.43 | $29M | −0.3% | Nov 13, 2025 |
| Nov 12, 2025 | RALES MITCHELL P (Officer) 255K shares $218.27 +0.2% since trade filed Nov 13, 2025 | Discretionary sale | 255K | $218.27 | $56M | +0.2% | Nov 13, 2025 |
| Nov 12, 2025 | Ellis Brian W (Officer) 7,109 shares $219.21 −0.2% since trade filed Nov 13, 2025 | Discretionary sale | 7,109 | $219.21 | $1.6M | −0.2% | Nov 13, 2025 |
| Nov 12, 2025 | Ellis Brian W (Officer) 15K shares $219.23 −0.2% since trade filed Nov 13, 2025 | Discretionary sale | 15K | $219.23 | $3.2M | −0.2% | Nov 13, 2025 |
| Nov 11, 2025 | McGrew Matthew (CFO) 16K shares $214.62 +1.9% since trade filed Nov 13, 2025 | Discretionary sale | 16K | $214.62 | $3.5M | +1.9% | Nov 13, 2025 |
| Nov 10, 2025 | Couchara Georgeann (Officer) 998 shares $210.31 +4.0% since trade filed Nov 12, 2025 | Discretionary sale | 998 | $210.31 | $210K | +4.0% | Nov 12, 2025 |
| Nov 10, 2025 | Couchara Georgeann (Officer) 4,176 shares $210.44 +3.9% since trade filed Nov 12, 2025 | Discretionary sale | 4,176 | $210.44 | $879K | +3.9% | Nov 12, 2025 |
| Oct 31, 2025 | RALES MITCHELL P (Officer) 68K shares $217.17 +0.7% since trade filed Nov 4, 2025 | Discretionary sale | 68K | $217.17 | $15M | +0.7% | Nov 4, 2025 |
| Oct 31, 2025 | RALES MITCHELL P (Officer) 223K shares $216.26 +1.1% since trade filed Nov 4, 2025 | Discretionary sale | 223K | $216.26 | $48M | +1.1% | Nov 4, 2025 |
| Oct 31, 2025 | RALES MITCHELL P (Officer) 308K shares $215.67 +1.4% since trade filed Nov 4, 2025 | Discretionary sale | 308K | $215.67 | $67M | +1.4% | Nov 4, 2025 |
| Aug 22, 2025 | List Teri (Director) 2,778 shares $211.06 +3.6% since trade filed Aug 25, 2025 | Discretionary sale | 2,778 | $211.06 | $586K | +3.6% | Aug 25, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 47K shares $200.83 +8.9% since trade filed May 14, 2025 | Discretionary sale | 47K | $200.83 | $9.5M | +8.9% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 58K shares $197.86 +10.6% since trade filed May 14, 2025 | Discretionary sale | 58K | $197.86 | $12M | +10.6% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 110K shares $195.69 +11.8% since trade filed May 14, 2025 | Discretionary sale | 110K | $195.69 | $21M | +11.8% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 159K shares $199.67 +9.6% since trade filed May 14, 2025 | Discretionary sale | 159K | $199.67 | $32M | +9.6% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 164K shares $199.15 +9.8% since trade filed May 14, 2025 | Discretionary sale | 164K | $199.15 | $33M | +9.8% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 166K shares $194.08 +12.7% since trade filed May 14, 2025 | Discretionary sale | 166K | $194.08 | $32M | +12.7% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 189K shares $197.06 +11.0% since trade filed May 14, 2025 | Discretionary sale | 189K | $197.06 | $37M | +11.0% | May 14, 2025 |
| May 12, 2025 | RALES STEVEN M (Officer) 356K shares $194.97 +12.2% since trade filed May 14, 2025 | Discretionary sale | 356K | $194.97 | $69M | +12.2% | May 14, 2025 |
| Apr 30, 2025 | Riley Christopher Paul (Officer) 7,801 shares $197.95 +10.5% since trade filed May 1, 2025 | Discretionary sale | 7,801 | $197.95 | $1.5M | +10.5% | May 1, 2025 |
| Apr 30, 2025 | Riley Christopher Paul (Officer) 8,004 shares $198.05 +10.4% since trade filed May 1, 2025 | Discretionary sale | 8,004 | $198.05 | $1.6M | +10.4% | May 1, 2025 |
| Feb 7, 2025 | SPOON ALAN G (Director) 550 shares $206.46 +5.9% since trade filed Feb 10, 2025 | Discretionary sale | 550 | $206.46 | $114K | +5.9% | Feb 10, 2025 |
| Jan 30, 2025 | Ellis Brian W (Officer) 5,700 shares $224.13 −2.4% since trade filed Jan 31, 2025 | Discretionary sale | 5,700 | $224.13 | $1.3M | −2.4% | Jan 31, 2025 |
| Nov 26, 2024 | Raskas Daniel (Officer) 26K shares $236.59 −7.6% since trade filed Nov 27, 2024 | Discretionary sale | 26K | $236.59 | $6.2M | −7.6% | Nov 27, 2024 |
| Nov 25, 2024 | Raskas Daniel (Officer) 8,370 shares $238.00 −8.1% since trade filed Nov 27, 2024 | Discretionary sale | 8,370 | $238.00 | $2.0M | −8.1% | Nov 27, 2024 |
| Aug 26, 2024 | Couchara Georgeann (Officer) 952 shares $268.37 −18.5% since trade filed Aug 27, 2024 | Discretionary sale | 952 | $268.37 | $255K | −18.5% | Aug 27, 2024 |
| Aug 1, 2024 | FILLER LINDA (Director) 3,928 shares $279.50 −21.7% since trade filed Aug 2, 2024 | Discretionary sale | 3,928 | $279.50 | $1.1M | −21.7% | Aug 2, 2024 |
| Aug 1, 2024 | McGrew Matthew (CFO) 16K shares $279.84 −21.8% since trade filed Aug 2, 2024 | Discretionary sale | 16K | $279.84 | $4.5M | −21.8% | Aug 2, 2024 |
| Jul 31, 2024 | Blair Rainer (CEO) 9,007 shares $280.00 −21.9% since trade filed Aug 2, 2024 | Discretionary sale | 9,007 | $280.00 | $2.5M | −21.9% | Aug 2, 2024 |
| Jul 25, 2024 | Raskas Daniel (Officer) 15K shares $270.51 −19.1% since trade filed Jul 26, 2024 | Discretionary sale | 15K | $270.51 | $3.9M | −19.1% | Jul 26, 2024 |
| Jul 25, 2024 | Ellis Brian W (Officer) 9,600 shares $275.16 −20.5% since trade filed Jul 26, 2024 | Discretionary sale | 9,600 | $275.16 | $2.6M | −20.5% | Jul 26, 2024 |
| May 16, 2024 | Blair Rainer (CEO) 9,005 shares $265.00 −17.5% since trade filed May 17, 2024 | Discretionary sale | 9,005 | $265.00 | $2.4M | −17.5% | May 17, 2024 |
| May 14, 2024 | Blair Rainer (CEO) 19K shares $255.00 −14.2% since trade filed May 15, 2024 | Discretionary sale | 19K | $255.00 | $4.9M | −14.2% | May 15, 2024 |
| May 10, 2024 | McGrew Matthew (CFO) 9,243 shares $253.19 −13.6% since trade filed May 13, 2024 | Discretionary sale | 9,243 | $253.19 | $2.3M | −13.6% | May 13, 2024 |
| May 10, 2024 | McGrew Matthew (CFO) 16K shares $252.95 −13.5% since trade filed May 13, 2024 | Discretionary sale | 16K | $252.95 | $4.0M | −13.5% | May 13, 2024 |
| May 10, 2024 | McGrew Matthew (CFO) 21K shares $253.08 −13.6% since trade filed May 13, 2024 | Discretionary sale | 21K | $253.08 | $5.4M | −13.6% | May 13, 2024 |
| May 2, 2024 | SPOON ALAN G (Director) 708 shares $243.58 −10.2% since trade filed May 3, 2024 | Discretionary sale | 708 | $243.58 | $172K | −10.2% | May 3, 2024 |
| Apr 25, 2024 | Weidemanis Joakim (Officer) 22K shares $250.46 −12.7% since trade filed Apr 26, 2024 | Discretionary sale | 22K | $250.46 | $5.6M | −12.7% | Apr 26, 2024 |
| Apr 24, 2024 | Ellis Brian W (Officer) 4,000 shares $250.01 −12.5% since trade filed Apr 25, 2024 | Discretionary sale | 4,000 | $250.01 | $1.0M | −12.5% | Apr 25, 2024 |
| Apr 24, 2024 | Blair Rainer (CEO) 9,005 shares $250.00 −12.5% since trade filed Apr 25, 2024 | Discretionary sale | 9,005 | $250.00 | $2.3M | −12.5% | Apr 25, 2024 |
| Apr 24, 2024 | Blair Rainer (CEO) 38K shares $249.03 −12.2% since trade filed Apr 25, 2024 | Discretionary sale | 38K | $249.03 | $9.5M | −12.2% | Apr 25, 2024 |
| Feb 26, 2024 | Raskas Daniel (Officer) 24K shares $252.00 −13.2% since trade filed Feb 27, 2024 | Discretionary sale | 24K | $252.00 | $6.0M | −13.2% | Feb 27, 2024 |
| Feb 15, 2024 | LOHR WALTER G (Director) 3,289 shares $251.15 −12.9% since trade filed Feb 16, 2024 | Discretionary sale | 3,289 | $251.15 | $826K | −12.9% | Feb 16, 2024 |
| Feb 13, 2024 | Couchara Georgeann (Officer) 844 shares $242.66 −9.9% since trade filed Feb 14, 2024 | Discretionary sale | 844 | $242.66 | $205K | −9.9% | Feb 14, 2024 |
| Feb 13, 2024 | Couchara Georgeann (Officer) 1,778 shares $242.68 −9.9% since trade filed Feb 14, 2024 | Discretionary sale | 1,778 | $242.68 | $431K | −9.9% | Feb 14, 2024 |
| Feb 6, 2024 | List Teri (Director) 3,289 shares $248.32 −11.9% since trade filed Feb 8, 2024 | Discretionary sale | 3,289 | $248.32 | $817K | −11.9% | Feb 8, 2024 |
| Aug 21, 2023 | Gutierrez-Ramos Jose-Carlos (Officer) 590 shares $250.54 −12.7% since trade filed Aug 22, 2023 | Discretionary sale | 590 | $250.54 | $148K | −12.7% | Aug 22, 2023 |
| Jul 28, 2023 | FILLER LINDA (Director) 2,922 shares $260.26 −16.0% since trade filed Aug 1, 2023 | Discretionary sale | 2,922 | $260.26 | $760K | −16.0% | Aug 1, 2023 |
| Jul 28, 2023 | FILLER LINDA (Director) 7,268 shares $260.25 −16.0% since trade filed Aug 1, 2023 | Discretionary sale | 7,268 | $260.25 | $1.9M | −16.0% | Aug 1, 2023 |
| Jul 28, 2023 | Raskas Daniel (Officer) 11K shares $260.65 −16.1% since trade filed Aug 1, 2023 | Discretionary sale | 11K | $260.65 | $2.9M | −16.1% | Aug 1, 2023 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
295 Forms 4, 3 years
1 filed late
0 amendments
5.6 avg. days to file
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.