Garmin (GRMN) executive gifts 14,525 company shares to charity

Rhea-AI Filing Summary

GARMIN LTD Executive Chairman Min H. Kao reported charitable gifts of company stock. On February 20, 2026, entities associated with him made four bona fide gift transfers totaling 14,525 registered shares, at a reported price of $0.00 per share, to a charitable organization.

The transactions were made indirectly through holdings "By Children" and "By M&F Trust." After these gifts, reported indirect holdings included 11,942,319 shares held by children and 6,236,756 shares held by the M&F Trust.

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

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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^*

KAO MIN H

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		G(1)		4,150	D	$0	11,946,469	I	By Children
Registered Shares	02/20/2026		G(1)		4,150	D	$0	11,942,319	I	By Children
Registered Shares	02/20/2026		G(1)		4,150	D	$0	6,238,831	I	By M&F Trust
Registered Shares	02/20/2026		G(1)		2,075	D	$0	6,236,756	I	By M&F Trust

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 Min H. Kao	02/20/2026
	** 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.

FAQ

What did Garmin (GRMN) Executive Chairman Min H. Kao report in this Form 4?

Min H. Kao reported bona fide gifts of Garmin registered shares made on February 20, 2026. The gifts were executed by entities associated with him, transferring shares to a charitable organization at no stated sale price.

How many Garmin (GRMN) shares were gifted in Min H. Kao’s latest filing?

The filing shows four bona fide gift transfers totaling 14,525 registered shares of Garmin. These transactions were split across indirect holdings classified as "By Children" and "By M&F Trust", all reported at a per-share transaction price of $0.00.

Were Min H. Kao’s Garmin (GRMN) transactions sales or gifts?

The transactions were gifts, not open‑market sales. Each entry is coded “G” for bona fide gift, with a reported price of $0.00 per share, and a footnote confirming the shares were gifted to a charitable organization.

How are the Garmin (GRMN) shares held after Min H. Kao’s reported gifts?

After the reported gifts, indirect holdings include 11,942,319 shares classified as held "By Children" and 6,236,756 shares held "By M&F Trust". These figures reflect the totals following the respective gift transactions on February 20, 2026.

Did Min H. Kao receive proceeds from the Garmin (GRMN) share transfers?

No cash proceeds are indicated. Each transaction lists a $0.00 price per share and is described as a bona fide gift to a charitable organization, meaning the transfers were charitable donations rather than sales for financial consideration.

Are Min H. Kao’s Garmin (GRMN) gifts reported as direct or indirect ownership changes?

All reported transactions involve indirect ownership. The filing labels ownership as "I" with nature of ownership noted as "By Children" or "By M&F Trust", indicating the gifts were made from these related entities rather than from directly held shares.