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GRMN shareholder files notice to sell common stock through UBS Financial Services

(Neutral)
(Neutral)
Form Type
144

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.
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
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.

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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.

When is the proposed sale date for GRMN shares in this Form 144?

The proposed sale date for GRMN common shares is 07/29/2026. This date reflects when the filer expects to begin selling the restricted or control shares, subject to applicable Rule 144 conditions.

How were the GRMN shares in this Form 144 originally acquired?

The reported GRMN shares were acquired directly from the issuer via a restricted stock unit (RSU) vest on 12/15/2017 and multiple Employee Stock Purchase Plan (ESPP) purchases from 2019 through 2024, all funded in cash where noted.

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.

Which ESPP acquisitions of GRMN shares are detailed in the filing?

The filing details several ESPP cash purchases of GRMN stock, including 191 shares on 06/25/2020, 131 shares on 06/23/2022, and 169 shares on 06/29/2023, along with other smaller ESPP lots between 2019 and 2024.

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.

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