SVP-GC Ellis sells 21,776 shares ($4.8M) at $219.21–$219.23; held 36,329 pre-sale, down 59.9%
Ellis Brian W, Senior Vice President and General Counsel, executed 2 separate sales totaling 21,776 shares for $4,773,863.14 on 2025-11-12 at prices $219.21–$219.23, reducing his holdings from 36,329 to 14,553 shares (a -59.9% reduction). At DHR's current price of $221.20, the blended sale price of $219.23 was only $1.97 below market. His prior trades at DHR show mixed timing: 2 of 3 prior sells had negative 90-day returns (sales on 2025-01-30 and 2024-07-25 preceded declines), suggesting modest success identifying inflection points at this ticker, though the most recent prior sale on 2024-04-24 had a +5.7% 90-day return. The stock is currently +7.3% over 30 days and +4.9% over 90 days, trading -11.7% from its 52-week high of $250.59; fundamentals show DHR at a P/E of 44.60 with flat annual revenue growth (-0.1%) and modest net income of $908 million on $6.1B quarterly revenue. The material reduction in Holmes' own position warrants observation of whether further insider activity follows in the near term.