GRMN shareholder files notice to sell common stock through UBS Financial Services
Rhea-AI Filing Summary
A holder of GRMN common stock filed a notice of proposed sale, indicating plans to sell shares through UBS Financial Services, Inc. on the NYSE with an anticipated sale date of 07/29/2026. The shares were originally acquired from the issuer via a mix of RSU vesting and Employee Stock Purchase Plan (ESPP) purchases between 2017 and 2024, including 2,912 shares from an RSU vest on 12/15/2017 and multiple smaller ESPP acquisitions such as 191 shares on 06/25/2020 and 169 shares on 06/29/2023.
Positive
- None.
Negative
- None.
Key Figures
Proposed sale date: 07/29/2026
RSU vest shares: 2,912 shares
ESPP purchase: 191 shares
+3 more
6 metrics
Proposed sale date
07/29/2026
Anticipated date for GRMN common stock sale
RSU vest shares
2,912 shares
GRMN common acquired via RSU vest on 12/15/2017
ESPP purchase
191 shares
GRMN common via ESPP on 06/25/2020 for cash
ESPP purchase
169 shares
GRMN common via ESPP on 06/29/2023 for cash
ESPP purchase
131 shares
GRMN common via ESPP on 06/23/2022 for cash
Reported value field
1208700.00
Numeric value associated with GRMN common in the notice
Key Terms
RSU Vest, ESPP, Common
3 terms
RSU Vest financial
"Common | 12/15/2017 | RSU Vest | Issuer"
ESPP financial
"Common | 12/30/2021 | ESPP | Issuer"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
Common financial
"Common | UBS Financial Services, Inc. 11 Madison Ave"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 144 filing for GRMN indicate?
The Form 144 filing indicates a GRMN shareholder intends to sell common stock, with shares to be sold through UBS Financial Services, Inc. on the NYSE, based on stock acquired via RSU vesting and ESPP purchases.
What specific GRMN RSU transaction is listed in the Form 144?
The Form 144 lists an RSU vest of 2,912 GRMN common shares on 12/15/2017, acquired from the issuer. This RSU vest represents one of the principal blocks of stock underlying the potential sale.
Who is the broker handling the proposed GRMN stock sale?
The proposed sale of GRMN common shares will be handled by UBS Financial Services, Inc., located at 11 Madison Ave, 4th Floor, New York, NY 10010, with the shares expected to trade on the NYSE.