Danaher DHR Insider Ownership

NYSE DHR

$219.85 +2.39 (+1.10%)

At close: Oct 9, 2026 · 4:00 PM EDT

Insider Holdings by Owner

4.94Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

0.781%

▲+0.144% pp QoQ

Shares Held by Insiders

5.51Mn

filed for Sep 2026

▲+22.61% QoQ

Shares Outstanding

705.30Mn

705,300,000 shares

Direct Holdings

4.72Mn

Indirect: 790.07K

Net Shares Traded (QoQ)

+1.02Mn

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

In the last 12 months, insiders at Danaher made open-market sales of $257.89 million (1.18Mn shares) and bought no shares on the open market.

Counted by insider, open-market selling of DHR stock in the past 12 months came from 8 insiders, with no insider buying.
Mitchell P. Rales (Chairman of Executive Committee) led open-market sales of Danaher stock over the past 12 months with $234.56 million (1.08Mn shares), most recently on November 25, 2025.
Rainer Blair (President & CEO) made the most recent open-market trade by an insider of Danaher, a sale of 58.26K shares for $12.74 million on August 21, 2026.
In transactions other than open-market trades, Danaher insiders received 653.44K shares in stock awards, acquired 53.34K shares through option exercises and conversions, gave up 20.17K shares to cover taxes or exercise prices and gave away 93.68K shares as gifts over the past 12 months.
Business Quant data shows Danaher insiders holding 5.51Mn shares in total in their latest Form 4 filings, up 22.61% from 4.49Mn shares at the end of Q2 2026 and down 17.11% from 6.65Mn shares at the end of Q3 2025.
By type of ownership, DHR insiders hold 85.66% of their shares directly (4.72Mn shares) and 14.34% indirectly (790.07K shares).
Holdings in Danaher stock are reported by 26 insiders, the officers, directors and 10% owners who have filed a Form 4 in the past two years.
Danaher's three biggest insider holders are Steven M. Rales (Chairman, 3.61Mn shares), Mitchell P. Rales (Chairman of Executive Committee, 1.33Mn shares) and Alan G. Spoon (Director, 124.77K shares), based on their latest Form 4 filings.
Steven M. Rales alone accounts for 65.46% of the shares held by Danaher insiders.
Institutional investors held 81.90% of Danaher stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 0.78%; other investors, including the public, hold roughly 17.32%.
In the past year, 22 insiders of Danaher submitted 103 Form 4 filings reporting trades, awards or other transactions.
These insider figures for Danaher are based on Form 4 filings through August 24, 2026.

Form 4 Holdings

Insiders Holding DHR

Insiders 31

Shares held 4.94Mn

Of outstanding 0.701%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Steven M Rales	Chairman	3,605,808	3,605,808	73.0%	06 Aug, 2026
2	Mitchell P Rales	Chairman Of Exec. Committee	553,228	553,228	11.2%	06 Aug, 2026
3	Alan G Spoon	Director	124,774	124,774	2.5%	19 May, 2026
4	Joakim Weidemanis	Executive Vice President	87,333	87,333	1.8%	17 May, 2024
5	Christopher Paul Riley	Executive Vice President	61,472	61,472	1.2%	06 Aug, 2026
6	William King	Svp, Strategic Development	48,190	48,190	1.0%	17 May, 2024
7	Angela S Lalor	Svp, Human Resources	47,962	47,962	1.0%	25 Feb, 2022
8	Elias A. Zerhouni	Director	45,303	45,303	0.9%	16 Jul, 2026
9	Rainer Blair	President Ceo	37,988	37,988	0.8%	03 Mar, 2026
10	Jose-Carlos Gutierrez-Ramos	Svp, Chief Science Officer	32,495	32,495	0.7%	06 Aug, 2026
11	Linda Filler	Director	26,829	26,829	0.5%	16 Jul, 2026
12	Matthew Mcgrew	Executive Vice President	26,825	26,825	0.5%	03 Mar, 2026
13	Jennifer Honeycutt	Executive Vice President	26,165	26,165	0.5%	17 May, 2023
14	Gregory M Milosevich	Executive Vice President	24,467	24,467	0.5%	06 Aug, 2026
15	Montgomery Julie A Sawyer	Executive Vice President	22,221	22,221	0.4%	03 Mar, 2026
16	Teri List	Director	21,470	21,470	0.4%	19 May, 2026
17	John T Schwieters	Director	19,815	19,815	0.4%	16 Jul, 2025
18	Brian W Ellis	Senior Vice President	14,994	14,994	0.3%	06 Feb, 2026
19	R Bradley Gray	Svp Strategic Development	14,463	14,463	0.3%	03 Mar, 2026
20	Walter G Lohr	Director	14,129	14,129	0.3%	16 Feb, 2024
21	Raymond C Stevens	Director	13,728	13,728	0.3%	19 May, 2026
22	Jonathan Leiken	Svp Chief Legal Officer	12,546	12,546	0.3%	03 Mar, 2026
23	Matthew E Gugino	Evp Chief Financial Officer	11,401	11,401	0.2%	03 Mar, 2026
24	Daniel Raskas	Svp Corporate Development	10,524	10,524	0.2%	04 Feb, 2025
25	Christopher Bouda	Vp, Chief Accounting Officer	9,107	9,107	0.2%	16 Jul, 2026
26	Georgeann Couchara	Svp, Human Resources	8,291	8,291	0.2%	19 May, 2026
27	A Shane Sanders	Director	5,914	5,914	0.1%	19 May, 2026
28	Pardis C Sabeti	Director	5,283	5,283	0.1%	17 May, 2024
29	Feroz Dewan	Director	4,686	4,686	0.1%	19 May, 2026
30	Jessica L Mega	Director	3,302	3,302	0.1%	19 May, 2025
31	Charles W Lamanna	Director	1,359	1,359	0.0%	19 May, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

4,257 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
21 Aug, 2026	Rainer Blair	President Ceo	Disposed S	11,307	$217.77	$2.46Mn	46,948	Indirect
21 Aug, 2026	Rainer Blair	President Ceo	Disposed S	39,193	$218.73	$8.57Mn	7,755	Indirect
21 Aug, 2026	Rainer Blair	President Ceo	Disposed S	7,755	$219.35	$1.70Mn	0	Indirect
04 Aug, 2026	Matthew E Gugino	Evp Chief Financial Officer	Acquired A	153,563	$0.00	$0	153,563	Direct
04 Aug, 2026	Jose-Carlos Gutierrez-Ramos	Svp, Chief Science Officer	Acquired A	13,477	$0.00	$0	32,495	Direct
04 Aug, 2026	Christopher Paul Riley	Executive Vice President	Acquired A	41,072	$0.00	$0	61,472	Direct
04 Aug, 2026	Jonathan Leiken	Svp Chief Legal Officer	Acquired A	92,138	$0.00	$0	92,138	Direct
04 Aug, 2026	Steven M Rales	Chairman	Acquired A	500,000	$0.00	$0	3,605,808	Direct
04 Aug, 2026	Gregory M Milosevich	Executive Vice President	Acquired A	15,402	$0.00	$0	24,467	Direct
04 Aug, 2026	Mitchell P Rales	Chairman Of Exec. Committee	Acquired A	500,000	$0.00	$0	553,228	Direct
04 Aug, 2026	Montgomery Julie A Sawyer	Executive Vice President	Acquired A	245,701	$0.00	$0	245,701	Direct
04 Aug, 2026	Christopher Bouda	Vp, Chief Accounting Officer	Acquired A	12,286	$0.00	$0	12,286	Direct
04 Aug, 2026	Steven M Rales	Chairman	Acquired A	1,000,000	$0.00	$0	1,000,000	Direct
04 Aug, 2026	Mitchell P Rales	Chairman Of Exec. Committee	Acquired A	1,000,000	$0.00	$0	1,000,000	Direct
31 Jul, 2026	Feroz Dewan	Director	Acquired A	171	$194.98	$33.38K	2,370	Direct
31 Jul, 2026	Alan G Spoon	Director	Acquired A	230	$194.98	$44.83K	31,043	Direct
31 Jul, 2026	Teri List	Director	Acquired A	16	$194.98	$3.06K	7,676	Direct
31 Jul, 2026	Elias A. Zerhouni	Director	Acquired A	237	$194.98	$46.14K	18,709	Direct
31 Jul, 2026	Linda Filler	Director	Acquired A	18	$194.98	$3.57K	8,955	Direct
31 Jul, 2026	A Shane Sanders	Director	Acquired A	211	$194.98	$41.18K	3,163	Direct

Showing 1 to 20 of 4,257 transactions