Garmin (GRMN) EVP gifts 670 registered shares to charitable organization

Rhea-AI Filing Summary

Garmin Ltd. executive Philip Straub, EVP and Managing Director – Aviation, reported a bona fide gift of 670.0000 registered shares on August 4, 2026. After this disposition, he directly holds 100888.5000 Garmin shares, and the gifted shares went to a charitable organization.

Insider Trade Summary

Net Seller: 670 shares

Net Sell 1 txn

Insider Straub Philip

Role EVP, Man. Director - Aviation

Type	Security	Shares	Price	Value
Gift	Registered Shares F1	670	$0.00	$0.00

Holdings After Transaction: Registered Shares — 100,888.5 shares (Direct)

Footnotes (1)

1. F1. Shares gifted to a charitable organization.

Key Figures

Shares gifted: 670.0000 shares Transaction price per share: 0.0000 per share Shares held after transaction: 100888.5000 shares

3 metrics

Shares gifted 670.0000 shares Bona fide gift of registered shares on August 4, 2026

Transaction price per share 0.0000 per share Reported price for the gifted registered shares

Shares held after transaction 100888.5000 shares Directly owned Garmin shares after the gift

Key Terms

Bona fide gift, Registered Shares, charitable organization

3 terms

Bona fide gift regulatory

"transaction_code_description: Bona fide gift"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Registered Shares financial

"security_title: Registered Shares"

Shares that are recorded by name in a company’s official shareholder register, so the company knows exactly who owns them and must update its records when they change hands. For investors this matters because registered shares make it easier to receive dividends, vote at meetings and prove ownership—like having a named entry in an address book rather than an anonymous ticket—reducing confusion and improving legal and tax transparency.

charitable organization other

"Shares gifted to a charitable organization."

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/04/2026 - 09:55 PM Accepted by SEC EDGAR 08/04/2026 - 09:55 PM Learn about SEC filing dates

FAQ

What insider transaction did Garmin (GRMN) executive Philip Straub report?

Philip Straub reported a bona fide gift of 670.0000 registered Garmin shares on August 4, 2026. According to the filing, the shares were gifted to a charitable organization, and no sale proceeds were reported for this transaction.

How many Garmin (GRMN) shares does Philip Straub hold after the reported gift?

After the transaction, Philip Straub directly holds 100888.5000 Garmin shares. This figure reflects his position following the 670.0000-share bona fide gift disclosed in the Form 4 for August 4, 2026.

Was the Garmin (GRMN) insider transaction a sale or a gift?

The transaction was reported as a bona fide gift, not a market sale. The Form 4 uses code “G” for gift, and a footnote states the shares were gifted to a charitable organization with a reported price of 0.0000 per share.

What security type was involved in the Garmin (GRMN) insider gift?

The transaction involved Registered Shares of Garmin Ltd.. Philip Straub transferred 670.0000 of these non-derivative registered shares as a bona fide gift, according to the Form 4 filing and its associated footnote.

Does the Garmin (GRMN) Form 4 indicate any derivative transactions for Philip Straub?

No derivative transactions are listed for this event; the filing shows only a non-derivative gift of 670.0000 registered shares. The derivative summary section is empty, indicating no options or other derivatives were reported in this Form 4.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Straub Philip

(Last) (First) (Middle)

1200 E. 151ST ST.

(Street)

OLATHE KANSAS 66062

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
GARMIN LTD [ GRMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Man. Director - Aviation

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Registered Shares	08/04/2026		G(1)		670	D	$0	100,888.5	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares gifted to a charitable organization.

	/s/ Paul E. Cassat, as attorney-in-fact for Philip Straub	08/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)