Garmin files Form 144 for planned stock sales

Garmin Ltd. reported proposed sales/transfers of common stock on a Form 144, identifying UBS Financial Services Inc. as the broker.

Rhea-AI Filing Summary

Garmin Ltd. reported proposed sales/transfers of common stock on a Form 144, identifying UBS Financial Services Inc. as the broker.

The excerpt lists planned transfers including a restricted stock release of 724 shares on 12/15/2025 and ESPP-related transfers of 56 shares on 06/26/2025 and 57 shares on 12/23/2025. Shares outstanding were listed as 192,480,830 as of 02/23/2026.

Insights

Insider Transactions Counsel

Form 144 shows planned insider transfers routed through UBS.

The filing lists specific security transfers by type and date, including a restricted stock release of 724 shares on 12/15/2025 and two ESPP-related transfers of 56 and 57 shares on 06/26/2025 and 12/23/2025, respectively.

Timing and settlement mechanics are not provided in the excerpt; subsequent SEC forms or broker reports may show execution details and any shares actually sold.

FAQ

What does Garmin's Form 144 (GRMN) disclose?

The filing discloses planned transfers of common stock via UBS Financial Services. It lists a restricted stock release of 724 shares and ESPP-related transfers of 56 and 57 shares with specified dates.

Who is the broker listed on Garmin's Form 144?

The broker identified is UBS Financial Services Inc.. The excerpt shows UBS at 1000 Harbor Blvd, Weehawken, NJ handling the listed transactions.

When are the specific transfers scheduled in the filing?

Scheduled transfer dates shown are 06/26/2025 (ESPP), 12/15/2025 (restricted stock release), and 12/23/2025 (ESPP), each tied to the listed share amounts.

How many Garmin shares were outstanding per the excerpt?

The excerpt lists 192,480,830 shares outstanding as of 02/23/2026, presented as a context figure in the filing data.

Does the Form 144 confirm the sales were executed?

No. The Form 144 excerpt lists planned transfers and dates but does not confirm execution or settlement; executed sale details would appear in follow-up filings or broker records.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 02/23/2026 - 03:40 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002011960
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Garmin Ltd
SEC File Number	001-41118
Address of Issuer	Muhlentalstrasse 36/38 Schaffhausen SWITZERLAND 8200
Phone	913-440-1212
Name of Person for Whose Account the Securities are To Be Sold	Laurie Minard
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
common	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	837	206870.89	192480830	02/23/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
common	12/15/2025	restricted stock release	issuer			724	12/15/2025	n/a
common	06/26/2025	ESPP	issuer			56	06/26/2025	n/a
common	12/23/2025	ESPP	issuer			57	12/23/2025	n/a

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	02/23/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/JOSEPH CASSIDY, for UBS Financial Services Inc, as attorney-in-fact for Laurie Minard
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)