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[Form 4] Garmin Ltd Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Philip Straub, an officer of Garmin Ltd (GRMN) serving as EVP, Man. Director - Aviation, reported a transaction on Form 4 dated 08/08/2025. The filing shows a transaction coded G with an explanation that shares were gifted to a charitable organization. The record lists 440 registered shares transferred at a reported price of $0, and reports 96,694.5 shares beneficially owned following the transaction, held directly.

The Form 4 was signed on behalf of Straub by attorney-in-fact Paul E. Cassat on 08/11/2025. Straub's address is listed in Olathe, KS, the filing was submitted by one reporting person, and no derivative securities transactions are reported on this Form 4.

Philip Straub, dirigente di Garmin Ltd (GRMN) con il ruolo di EVP, Managing Director - Aviation, ha registrato una operazione nel Modulo 4 in data 08/08/2025. Il documento riporta una transazione contrassegnata con il codice G, spiegando che le azioni sono state donate a un'organizzazione benefica. L'annotazione indica il trasferimento di 440 azioni registrate al prezzo dichiarato di $0 e segnala il possesso beneficiario di 96.694,5 azioni dopo la transazione, detenute direttamente.

Il Modulo 4 è stato firmato per conto di Straub dall'avvocato-in-fatto Paul E. Cassat in data 08/11/2025. L'indirizzo di Straub è indicato a Olathe, KS, la segnalazione è stata presentata da un'unica persona che effettua la comunicazione e in questo Modulo 4 non sono riportate operazioni su strumenti derivati.

Philip Straub, ejecutivo de Garmin Ltd (GRMN) que se desempeña como EVP, Managing Director - Aviation, informó una operación en el Formulario 4 con fecha 08/08/2025. El registro muestra una transacción codificada G y explica que las acciones fueron donadas a una organización benéfica. En el documento figuran 440 acciones registradas transferidas a un precio declarado de $0, y se reportan 96.694,5 acciones en propiedad beneficiaria tras la operación, mantenidas directamente.

El Formulario 4 fue firmado en representación de Straub por apoderado Paul E. Cassat el 08/11/2025. La dirección de Straub aparece en Olathe, KS, la presentación fue realizada por una sola persona informante y en este Formulario 4 no se informan operaciones con valores derivados.

Philip Straub, Garmin Ltd (GRMN)의 임원으로 EVP, 항공 담당 전무이사 직책을 맡고 있는 인물이 08/08/2025자 Form 4에 거래를 신고했습니다. 해당 신고에는 코드 G로 분류된 거래가 표시되어 있으며, 주식이 자선단체에 기부되었다고 설명되어 있습니다. 기록에는 보고된 가격 $0로 이전된 440주(등록 주식)가 기재되어 있고, 거래 후에는 직접 보유 형태로 96,694.5주를 실질적으로 보유하고 있는 것으로 보고되어 있습니다.

Form 4는 08/11/2025에 대리인(Attorney-in-fact)인 Paul E. Cassat이 Straub를 대신해 서명했습니다. Straub의 주소는 Olathe, KS로 기재되어 있으며, 이 신고는 한 명의 보고자가 제출했으며 이 Form 4에는 파생증권 거래는 보고되어 있지 않습니다.

Philip Straub, dirigeant de Garmin Ltd (GRMN) exerçant la fonction de EVP, directeur général – Aviation, a déclaré une opération sur le Formulaire 4 daté du 08/08/2025. Le dépôt indique une transaction codée G avec la mention que des actions ont été offertes à une organisation caritative. Le document recense le transfert de 440 actions enregistrées au prix déclaré de 0 $ et fait état, après l'opération, de 96 694,5 actions détenues à titre bénéficiaire, en détention directe.

Le Formulaire 4 a été signé pour le compte de Straub par le mandataire Paul E. Cassat le 08/11/2025. L'adresse de Straub figure à Olathe, KS, la déclaration a été soumise par une seule personne déclarante et aucune opération sur titres dérivés n'est signalée dans ce Formulaire 4.

Philip Straub, ein leitender Angestellter von Garmin Ltd (GRMN) in der Funktion EVP, Geschäftsführer – Luftfahrt, meldete eine Transaktion im Formular 4 datiert 08/08/2025. Die Einreichung weist eine Transaktion mit dem Code G aus und erklärt, dass Aktien an eine wohltätige Organisation geschenkt wurden. Es werden 440 eingetragene Aktien zu einem angegebenen Preis von $0 übertragen und nach der Transaktion werden 96.694,5 Aktien als wirtschaftlich gehalten und direkt gehalten ausgewiesen.

Das Formular 4 wurde im Namen von Straub am 08/11/2025 vom Bevollmächtigten Paul E. Cassat unterzeichnet. Straubs Adresse ist mit Olathe, KS angegeben, die Meldung wurde von einer meldenden Person eingereicht, und in diesem Formular 4 werden keine Transaktionen mit derivativen Wertpapieren gemeldet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine executive charitable gift; modest direct share reduction with no derivatives reported.

The Form 4 documents a G coded transaction dated 08/08/2025 where 440 registered shares were gifted to a charitable organization, recorded at $0. Post-transaction direct beneficial ownership is reported as 96,694.5 shares. There are no derivative holdings or exercises listed, and the filing was executed by an attorney-in-fact on 08/11/2025. This appears to be a routine disclosure of a personal charitable transfer rather than a market-moving insider sale.

TL;DR: Disclosure is straightforward and includes required details; transaction is a gift, not a sale.

The report identifies the reporting person as an officer (EVP, Man. Director - Aviation) and indicates the transaction code G with an explicit explanation that the shares were gifted to charity. The form shows direct ownership classification and includes signature by an attorney-in-fact (Paul E. Cassat) with dates. No other disclosures or derivative transactions are present on this filing.

Philip Straub, dirigente di Garmin Ltd (GRMN) con il ruolo di EVP, Managing Director - Aviation, ha registrato una operazione nel Modulo 4 in data 08/08/2025. Il documento riporta una transazione contrassegnata con il codice G, spiegando che le azioni sono state donate a un'organizzazione benefica. L'annotazione indica il trasferimento di 440 azioni registrate al prezzo dichiarato di $0 e segnala il possesso beneficiario di 96.694,5 azioni dopo la transazione, detenute direttamente.

Il Modulo 4 è stato firmato per conto di Straub dall'avvocato-in-fatto Paul E. Cassat in data 08/11/2025. L'indirizzo di Straub è indicato a Olathe, KS, la segnalazione è stata presentata da un'unica persona che effettua la comunicazione e in questo Modulo 4 non sono riportate operazioni su strumenti derivati.

Philip Straub, ejecutivo de Garmin Ltd (GRMN) que se desempeña como EVP, Managing Director - Aviation, informó una operación en el Formulario 4 con fecha 08/08/2025. El registro muestra una transacción codificada G y explica que las acciones fueron donadas a una organización benéfica. En el documento figuran 440 acciones registradas transferidas a un precio declarado de $0, y se reportan 96.694,5 acciones en propiedad beneficiaria tras la operación, mantenidas directamente.

El Formulario 4 fue firmado en representación de Straub por apoderado Paul E. Cassat el 08/11/2025. La dirección de Straub aparece en Olathe, KS, la presentación fue realizada por una sola persona informante y en este Formulario 4 no se informan operaciones con valores derivados.

Philip Straub, Garmin Ltd (GRMN)의 임원으로 EVP, 항공 담당 전무이사 직책을 맡고 있는 인물이 08/08/2025자 Form 4에 거래를 신고했습니다. 해당 신고에는 코드 G로 분류된 거래가 표시되어 있으며, 주식이 자선단체에 기부되었다고 설명되어 있습니다. 기록에는 보고된 가격 $0로 이전된 440주(등록 주식)가 기재되어 있고, 거래 후에는 직접 보유 형태로 96,694.5주를 실질적으로 보유하고 있는 것으로 보고되어 있습니다.

Form 4는 08/11/2025에 대리인(Attorney-in-fact)인 Paul E. Cassat이 Straub를 대신해 서명했습니다. Straub의 주소는 Olathe, KS로 기재되어 있으며, 이 신고는 한 명의 보고자가 제출했으며 이 Form 4에는 파생증권 거래는 보고되어 있지 않습니다.

Philip Straub, dirigeant de Garmin Ltd (GRMN) exerçant la fonction de EVP, directeur général – Aviation, a déclaré une opération sur le Formulaire 4 daté du 08/08/2025. Le dépôt indique une transaction codée G avec la mention que des actions ont été offertes à une organisation caritative. Le document recense le transfert de 440 actions enregistrées au prix déclaré de 0 $ et fait état, après l'opération, de 96 694,5 actions détenues à titre bénéficiaire, en détention directe.

Le Formulaire 4 a été signé pour le compte de Straub par le mandataire Paul E. Cassat le 08/11/2025. L'adresse de Straub figure à Olathe, KS, la déclaration a été soumise par une seule personne déclarante et aucune opération sur titres dérivés n'est signalée dans ce Formulaire 4.

Philip Straub, ein leitender Angestellter von Garmin Ltd (GRMN) in der Funktion EVP, Geschäftsführer – Luftfahrt, meldete eine Transaktion im Formular 4 datiert 08/08/2025. Die Einreichung weist eine Transaktion mit dem Code G aus und erklärt, dass Aktien an eine wohltätige Organisation geschenkt wurden. Es werden 440 eingetragene Aktien zu einem angegebenen Preis von $0 übertragen und nach der Transaktion werden 96.694,5 Aktien als wirtschaftlich gehalten und direkt gehalten ausgewiesen.

Das Formular 4 wurde im Namen von Straub am 08/11/2025 vom Bevollmächtigten Paul E. Cassat unterzeichnet. Straubs Adresse ist mit Olathe, KS angegeben, die Meldung wurde von einer meldenden Person eingereicht, und in diesem Formular 4 werden keine Transaktionen mit derivativen Wertpapieren gemeldet.

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*
Straub Philip

(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)
EVP, Man. Director - Aviation
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
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 08/08/2025 G(1) 440 D $0 96,694.5 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. Shares gifted to a charitable organization.
/s/ Paul E. Cassat, as attorney-in-fact for Philip Straub 08/11/2025
** 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 did Philip Straub report on the Form 4 for Garmin (GRMN)?

The Form 4 reports that on 08/08/2025 Straub gifted 440 registered shares (transaction code G) to a charitable organization; post-transaction holdings are 96,694.5 shares.

What does transaction code G mean on the GRMN Form 4?

Transaction code G is used in this filing and the explanation states the shares were gifted to a charitable organization.

What role does the reporting person hold at Garmin (GRMN)?

The filing identifies the reporting person as an Officer with the title EVP, Man. Director - Aviation.

When was the Form 4 signed and by whom?

The Form 4 was signed on behalf of Philip Straub by attorney-in-fact Paul E. Cassat on 08/11/2025.

Are there any derivative transactions reported for GRMN in this filing?

No. Table II for derivative securities is empty and the filing contains no derivative transactions.
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