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Douglas Boessen (NYSE: GRMN) files Form 144 to sell 479 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Garmin Ltd. investor Douglas Boessen has filed a notice to sell shares under Rule 144. The filing covers 479 shares of common stock to be sold through UBS Financial Services on the NYSE, with an aggregate market value of $103,181.39.

The 479 shares were acquired on 12/15/2024 as restricted stock units (RSUs) from the issuer. The notice also reports that Boessen sold 2,485 common shares during the past three months, on 12/16/2025, for gross proceeds of $512,561.82. The signer represents they are not aware of undisclosed material adverse information about Garmin’s operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 filing for GRMN disclose about upcoming share sales?

The Form 144 notice discloses a planned sale of 479 Garmin common shares on the NYSE through UBS Financial Services, with an indicated aggregate market value of $103,181.39, by holder Douglas Boessen under Rule 144 resale provisions.

How many Garmin (GRMN) shares did the seller dispose of in the last three months?

Over the past three months, the filing reports that 2,485 Garmin common shares were sold on 12/16/2025, generating gross proceeds of $512,561.82. This sale is in addition to the newly noticed 479-share proposed sale under Rule 144.

How were the Garmin (GRMN) shares in the new Form 144 acquired?

The 479 Garmin common shares covered by the notice were acquired on 12/15/2024 via an RSU (restricted stock unit) grant from the issuer. The filing lists the issuer as the source and classifies the acquisition as an RSU transaction.

Which broker and exchange are involved in the Garmin (GRMN) Form 144 sale?

The proposed Rule 144 sale will be handled by UBS Financial Services, Inc., located at 11 Madison Ave, New York. The 479 Garmin common shares are expected to be sold on the NYSE, which is the named securities exchange in the notice.

What representation does the seller make in the Garmin (GRMN) Form 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about Garmin’s current or prospective operations that has not been publicly disclosed, as required by the Rule 144 notice language.
Garmin

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Scientific & Technical Instruments
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