Garmin General Counsel Joshua H. Maxfield gifts 5 shares

Q: What GRMN shares did Joshua H. Maxfield report after the gift?

His reported direct position after the gift was 15,037 shares, including 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards. He also reported 536 shares held indirectly by a 401(k) plan.

The gift was not reported as made under a Rule 10b5-1 plan.

Available on EDGAR 11/06/2026 - 09:55 PM EST Accepted by SEC EDGAR 11/06/2026 - 09:55 PM EST

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Form Type

Rhea-AI Filing Summary

Joshua H. Maxfield reported disposition transactions in this Form 4 filing. Garmin Ltd. VP, General Counsel Joshua H. Maxfield gave 5 registered shares to a charitable organization on November 5, 2026. His direct holdings afterward were 15,037 shares, including 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards. He also reported 536 shares held indirectly by a 401(k) plan.

Insider Trade Summary

5 shares gifted

Gift 1 txn

Insider MAXFIELD JOSHUA H

Role VP, General Counsel

Type	Security	Shares	Price	Value
Gift	Registered Shares ^{F1, F2}	5	$0.00	$0.00
Holding	Registered Shares	--	--	--

Holdings After Transaction: Registered Shares — 15,037 shares (Direct); Registered Shares — 536.4978 shares (Indirect, By 401(k) Plan)

Holdings Before and After: Registered Shares, 15,042 to 15,037 shares (Direct)

Footnotes (2)

F1. Shares gifted to a charitable organization.
F2. Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards.

Key Figures

Shares gifted: 5 shares Direct shares following transaction: 15,037 shares Unvested restricted stock unit shares: 6,355 shares +1 more

4 metrics

Shares gifted 5 shares Gift to a charitable organization on November 5, 2026

Direct shares following transaction 15,037 shares Reported after the November 5, 2026 gift

Unvested restricted stock unit shares 6,355 shares Included in the reported direct share position

Indirect shares held by 401(k) plan 536 shares Reported on November 5, 2026

Key Terms

Registered Shares, restricted stock unit awards, 401(k) Plan

3 terms

Registered Shares financial

"Shares gifted to a charitable organization"

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.

restricted stock unit awards financial

"unvested shares acquired pursuant to previously granted restricted stock unit awards"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

401(k) Plan financial

"By 401(k) Plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

FAQ

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

How many GRMN shares did Joshua H. Maxfield give away?

Joshua H. Maxfield, Garmin Ltd.'s VP, General Counsel, gifted 5 registered shares to a charitable organization on November 5, 2026. The gift was not reported as made under a Rule 10b5-1 plan.

What GRMN shares did Joshua H. Maxfield report after the gift?

His reported direct position after the gift was 15,037 shares, including 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards. He also reported 536 shares held indirectly by a 401(k) plan.

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

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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^*

MAXFIELD JOSHUA H

(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)
	VP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Registered Shares	11/05/2026		G⁽¹⁾		5	D	$0	15,037⁽²⁾	D
Registered Shares								536.4978	I	By 401(k) Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares gifted to a charitable organization.

2. Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards.

	/s/ Paul E. Cassat, as attorney-in-fact for Joshua H. Maxfield	11/06/2026
	** 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)

Source: View Original Filing on SEC EDGAR