Garmin exec sells 9,941 shares near $300 on Aug. 18

GARMIN LTD (GRMN) reported that Cheng-Wei Wang, General Manager - Garmin Corp., sold a total of 9,941 registered shares on August 18, 2026 in a series of open-market transactions.

Rhea-AI Filing Summary

GARMIN LTD (GRMN) reported that Cheng-Wei Wang, General Manager - Garmin Corp., sold a total of 9,941 registered shares on August 18, 2026 in a series of open-market transactions. The reported weighted average sale prices for these trades ranged from about $296.92 to $303.36 per share, with each price reflecting multiple executions within specified intraday ranges.

After these sales, Wang’s direct holdings continue to include 5,182 unvested shares from previously granted restricted stock unit awards and 56 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.

Insider Trade Summary

Net Seller: 9,941 shares

Net Sell 7 txns

Insider Wang Cheng-Wei

Role General Manager - Garmin Corp.

Sold 9,941 shs ($2.98M)

Type	Security	Shares	Price	Value
Sale	Registered Shares F1, F2	1,390	$296.9192	$413K
Sale	Registered Shares F3, F2	3,102	$297.8375	$924K
Sale	Registered Shares F4, F2	538	$299.1691	$161K
Sale	Registered Shares F5, F2	1,737	$300.1418	$521K
Sale	Registered Shares F6, F2	2,260	$301.0139	$680K
Sale	Registered Shares F7, F2	281	$301.6177	$85K
Sale	Registered Shares F8, F2	633	$303.3609	$192K

Holdings After Transaction: Registered Shares — 29,506 shares (Direct)

Footnotes (8)

1. F1. This transaction was executed in multiple trades at prices ranging from $296.50 to $297.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
2. F2. Includes 5,182 unvested shares acquired pursuant to previously granted restricted stock unit awards and 56 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
3. F3. This transaction was executed in multiple trades at prices ranging from $297.50 to $298.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
4. F4. This transaction was executed in multiple trades at prices ranging from $298.55 to $299.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
5. F5. This transaction was executed in multiple trades at prices ranging from $299.55 to $300.52. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
6. F6. This transaction was executed in multiple trades at prices ranging from $300.58 to $301.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
7. F7. This transaction was executed in multiple trades at prices ranging from $301.58 to $301.79. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
8. F8. This transaction was executed in multiple trades at prices ranging from $303.34 to $303.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

Key Figures

Total shares sold: 9,941 shares Weighted average sale price (lowest block): $296.9192 per share Weighted average sale price (highest block): $303.3609 per share +2 more

5 metrics

Total shares sold 9,941 shares Registered shares sold by Cheng-Wei Wang on August 18, 2026

Weighted average sale price (lowest block) $296.9192 per share Weighted average price for 1,390-share sale block

Weighted average sale price (highest block) $303.3609 per share Weighted average price for 633-share sale block

Unvested RSU shares held 5,182 shares Unvested shares from previously granted restricted stock unit awards

Employee Stock Purchase Plan shares held 56 shares Shares acquired in June 2026 under Garmin Ltd. Employee Stock Purchase Plan

Key Terms

weighted average sale price, restricted stock unit, Employee Stock Purchase Plan

3 terms

weighted average sale price financial

"The price reported above reflects the <b>weighted average sale price</b>."

restricted stock unit financial

"Includes 5,182 unvested shares acquired pursuant to previously granted <b>restricted stock unit</b> awards"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Employee Stock Purchase Plan financial

"and 56 shares acquired in June 2026 under the Garmin Ltd. <b>Employee Stock Purchase Plan</b>."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did GRMN report for Cheng-Wei Wang on August 18, 2026?

GRMN reported that Cheng-Wei Wang sold 9,941 registered shares of Garmin Ltd. on August 18, 2026 through seven open-market sale transactions, each reported with a weighted average sale price and executed in multiple trades within specified price ranges.

At what prices were Cheng-Wei Wang’s GRMN shares sold on August 18, 2026?

The reported weighted average sale prices ranged from $296.9192 to $303.3609 per share, with each transaction executed in multiple trades within narrower price ranges detailed in the footnotes.

How many GRMN shares did Cheng-Wei Wang sell in total in this Form 4?

According to the transaction summary, Cheng-Wei Wang sold a total of 9,941 registered shares of Garmin Ltd. in the reported open-market transactions on August 18, 2026.

What GRMN equity awards or plan shares does Cheng-Wei Wang still hold after these sales?

Following the reported sales, Cheng-Wei Wang’s direct holdings include 5,182 unvested shares from previously granted restricted stock unit awards and 56 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.

Were the GRMN insider sales by Cheng-Wei Wang executed in single trades or multiple trades?

Each reported sale transaction was executed in multiple trades within a stated price range. The Form 4 reports a weighted average sale price for each transaction and notes that detailed trade-by-trade data is available upon request.

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

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Available on EDGAR 08/20/2026 - 05:30 PM Accepted by SEC EDGAR 08/20/2026 - 05:30 PM Learn about SEC filing dates

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^*

Wang Cheng-Wei

(Last) (First) (Middle)

NO. 68, ZHANGSHU 2ND ROAD

XIZHI DISTRICT

(Street)

NEW TAIPEI CITY 220-019

(City) (State) (Zip)

TAIWAN

(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)
	General Manager - Garmin Corp.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

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	08/18/2026		S		1,390	D	$296.9192(1)	38,057(2)	D
Registered Shares	08/18/2026		S		3,102	D	$297.8375(3)	34,955(2)	D
Registered Shares	08/18/2026		S		538	D	$299.1691(4)	34,417(2)	D
Registered Shares	08/18/2026		S		1,737	D	$300.1418(5)	32,680(2)	D
Registered Shares	08/18/2026		S		2,260	D	$301.0139(6)	30,420(2)	D
Registered Shares	08/18/2026		S		281	D	$301.6177(7)	30,139(2)	D
Registered Shares	08/18/2026		S		633	D	$303.3609(8)	29,506(2)	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. This transaction was executed in multiple trades at prices ranging from $296.50 to $297.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

2. Includes 5,182 unvested shares acquired pursuant to previously granted restricted stock unit awards and 56 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.

3. This transaction was executed in multiple trades at prices ranging from $297.50 to $298.45. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

4. This transaction was executed in multiple trades at prices ranging from $298.55 to $299.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

5. This transaction was executed in multiple trades at prices ranging from $299.55 to $300.52. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

6. This transaction was executed in multiple trades at prices ranging from $300.58 to $301.36. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

7. This transaction was executed in multiple trades at prices ranging from $301.58 to $301.79. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

8. This transaction was executed in multiple trades at prices ranging from $303.34 to $303.44. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.

	/s/ Paul E. Cassat, as attorney-in-fact for Wang Cheng-Wei	08/20/2026
	** 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)