Garmin (GRMN) grants 1,248 RSUs to Garmin Corp. general manager

Rhea-AI Filing Summary

Garmin Ltd. reported that its officer Wang Cheng-Wei, general manager of Garmin Corp., received a grant of 1,248 restricted stock units on December 15, 2025. The award was recorded as an acquisition of registered shares at a price of $0.

The restricted stock units vest in three equal annual installments beginning on December 15, 2026. After this grant, the reporting person beneficially owns 37,340 Garmin shares, including 6,293 unvested shares from this and earlier restricted stock unit awards.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Wang Cheng-Wei

Role General Manager - Garmin Corp.

Type	Security	Shares	Price	Value
Grant/Award	Registered Shares	1,248	$0.00	--

Holdings After Transaction: Registered Shares — 37,340 shares (Direct)

Footnotes (1)

1. On December 15, 2025 the reporting person received a grant of 1,248 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026. Includes 6,293 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.

Form 4 Insider Transactions: What Each Field Means →

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 F5 220-019

(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)
	General Manager - Garmin Corp.

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		A		1,248(1)	A	$0	37,340(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. On December 15, 2025 the reporting person received a grant of 1,248 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.

2. Includes 6,293 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.

	/s/ Paul E. Cassat, as attorney-in-fact for Wang Cheng-Wei	12/17/2025
	** 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.

FAQ

What insider transaction does this report show for Garmin (GRMN)?

The report shows that Wang Cheng-Wei, general manager of Garmin Corp., received a grant of 1,248 restricted stock units of Garmin Ltd. on December 15, 2025.

How many restricted stock units were granted to the Garmin Corp. general manager?

The Garmin Corp. general manager received 1,248 restricted stock units, reported as an acquisition of registered shares at a price of $0.

When do the granted Garmin (GRMN) restricted stock units vest?

The 1,248 restricted stock units vest in three equal annual installments, beginning on December 15, 2026.

How many Garmin shares does the reporting person beneficially own after this transaction?

Following the reported grant, the reporting person beneficially owns 37,340 Garmin shares.

How many unvested Garmin shares are included in the reporting person’s holdings?

The beneficial ownership figure includes 6,293 unvested shares acquired under the December 15, 2025 restricted stock unit award and prior restricted stock unit awards.

What is the relationship of the reporting person to Garmin (GRMN)?

The reporting person, Wang Cheng-Wei, is an officer of Garmin, serving as General Manager - Garmin Corp.