Garmin co-COO reports tax share withholding

Garmin Ltd co-COO Bradley C. Trenkle reported a tax-withholding share disposition related to vested equity awards.

Rhea-AI Filing Summary

Garmin Ltd co-COO Bradley C. Trenkle reported a tax-withholding share disposition related to vested equity awards. On this Form 4, 3,366 registered shares were disposed of at a reported price of $251.99 per share to satisfy a resulting tax liability.

Footnotes show that 7,549 shares from previously granted restricted stock unit (RSU) awards vested and were paid to him, with a portion withheld for taxes. After this transaction, he directly owns 47,829 shares, including 15,565 unvested shares from prior RSU grants.

Insider Trade Summary

Exercise Price or Tax Liability: 3,366 shares

Exercise Price or Tax Liability 1 txn

Insider TRENKLE BRADLEY C

Role co-COO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Registered Shares	3,366	$251.99	$848K

Holdings After Transaction: Registered Shares — 47,829 shares (Direct)

Footnotes (2)

1. F1. 7,549 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 3,366 shares were withheld to pay a resulting tax liability.
2. F2. Includes 15,565 unvested shares acquired pursuant to previously granted restricted stock unit awards.

FAQ

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

What did Garmin (GRMN) executive Bradley C. Trenkle report on this Form 4?

Bradley C. Trenkle reported a tax-withholding share disposition. The filing shows 3,366 registered shares were disposed of to cover a tax liability tied to vested restricted stock unit awards, rather than an open-market sale of Garmin stock.

Was the Garmin (GRMN) Form 4 transaction an open-market stock sale?

No, the transaction was a tax-withholding disposition, not an open-market sale. Code F indicates shares were withheld to pay taxes when restricted stock units vested, meaning the company retained those shares to satisfy the reporting person’s tax obligation.

How many Garmin (GRMN) shares were withheld for taxes in this filing?

A total of 3,366 registered shares were withheld for taxes. These shares came from 7,549 shares that vested under previously granted restricted stock unit awards, with the withheld portion used to satisfy the related tax liability for Bradley C. Trenkle.

How many Garmin (GRMN) shares does Bradley C. Trenkle own after this Form 4 transaction?

After the transaction, Trenkle directly owns 47,829 shares. This figure includes 15,565 unvested shares acquired through earlier restricted stock unit awards, as noted in the footnotes attached to the Form 4 filing.

What restricted stock unit activity did Garmin (GRMN) disclose for Bradley C. Trenkle?

Garmin disclosed vesting of 7,549 restricted stock unit shares. These vested shares were delivered to Bradley C. Trenkle, with 3,366 of them withheld to cover the resulting tax liability, and the balance added to his direct share ownership position.

What does transaction code F mean in the Garmin (GRMN) Form 4?

Transaction code F indicates a tax-related share disposition. Specifically, it shows shares were used to pay the exercise price or tax liability by delivering securities, rather than representing a discretionary purchase or sale on the open market.

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

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Accepted by SEC EDGAR 02/27/2026 - 06:00 PM EST 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^*

TRENKLE BRADLEY C

(Last) (First) (Middle)

1200 E. 151ST ST.

(Street)

OLATHE KS 66062

(City) (State) (Zip)

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)
	co-COO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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

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

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

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	02/25/2026		F		3,366(1)	D	$251.99	47,829(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. 7,549 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 3,366 shares were withheld to pay a resulting tax liability.

2. Includes 15,565 unvested shares acquired pursuant to previously granted restricted stock unit awards.

	/s/ Paul E. Cassat, as attorney-in-fact for Bradley C. Trenkle	02/27/2026
	** 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.