In a new SEC filing on April 25, it was revealed that Blair, President & CEO at Danaher (NYSE:DHR), executed a significant exercise of company stock options.
What Happened: A Form 4 filing with the U.S. Securities and Exchange Commission on Thursday revealed that Blair, President & CEO at Danaher in the Health Care sector, exercised stock options for 38,170 shares of DHR stock. The exercise price of the options was $59.91 per share.
The Friday morning market activity shows Danaher shares down by 0.46%, trading at $244.68. This implies a total value of $7,052,565 for Blair's 38,170 shares.
Discovering Danaher: A Closer Look
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Through a series of mergers, acquisitions, and divestitures, Danaher now focuses primarily on manufacturing scientific instruments and consumables in the life science and diagnostic industries after the late 2023 divesititure of its environmental and applied solutions group, Veralto.
A Deep Dive into Danaher's Financials
Negative Revenue Trend: Examining Danaher's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -2.57% in ...