Garmin co-COO granted 5,982 restricted shares

Garmin Ltd. co-COO Bradley C. Trenkle reported receiving an award of 5,982 Registered Shares on February 18, 2026 as a grant or other acquisition, at a stated price of $0.00 per share.

Rhea-AI Filing Summary

Garmin Ltd. co-COO Bradley C. Trenkle reported receiving an award of 5,982 Registered Shares on February 18, 2026 as a grant or other acquisition, at a stated price of $0.00 per share. The award comes from restricted stock units granted in February 2025 that originally had both performance-based and time-based vesting conditions; the performance conditions have now been satisfied, and the award is subject only to time-based vesting. These shares vest in three equal annual installments beginning on February 25, 2026. Following this transaction, Trenkle directly owns 51,195 shares, which include 23,114 unvested shares from this and prior restricted stock unit awards.

Insider Trade Summary

Grant/Award: 5,982 shares

Grant/Award 1 txn

Insider TRENKLE BRADLEY C

Role co-COO

Type	Security	Shares	Price	Value
Grant/Award	Registered Shares	5,982	$0.00	$0.00

Holdings After Transaction: Registered Shares — 51,195 shares (Direct)

Footnotes (2)

1. F1. Shares acquired pursuant to a restricted stock units award granted in February 2025 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2026.
2. F2. Includes 23,114 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and other 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 Trenkle report in this Form 4?

Bradley C. Trenkle reported acquiring 5,982 Registered Shares of Garmin Ltd. as a grant or award on February 18, 2026. These shares stem from restricted stock units that now vest based only on time, with installments beginning February 25, 2026.

How do the new Garmin (GRMN) shares for Bradley Trenkle vest over time?

The 5,982 shares tied to the February 2025 restricted stock unit award vest in three equal annual installments starting on February 25, 2026. The performance-based goals were already met, so vesting now depends only on continued service over time.

What are Bradley Trenkle’s total Garmin (GRMN) holdings after this transaction?

After the award, Bradley C. Trenkle directly owns 51,195 Garmin shares. This total includes 23,114 unvested shares from the February 2025 restricted stock unit grant described in the filing and other previously granted restricted stock unit awards.

Was Bradley Trenkle’s Garmin (GRMN) share award a market purchase?

No. The Form 4 shows a transaction code “A,” meaning a grant, award, or other acquisition, at a reported price of $0.00 per share. This reflects equity compensation, not an open-market buy or sell of Garmin stock.

What vesting conditions apply to Bradley Trenkle’s Garmin (GRMN) restricted stock units?

The restricted stock units were granted in February 2025 with both performance-based and time-based conditions. The filing states the performance goals have been satisfied, so remaining vesting for the 5,982 shares depends only on time, in three annual installments.

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

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Accepted by SEC EDGAR 02/20/2026 - 05:30 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)
02/18/2026

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	02/18/2026		A		5,982(1)	A	$0	51,195(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. Shares acquired pursuant to a restricted stock units award granted in February 2025 that had both performance-based and time-based vesting conditions. The performance-based vesting conditions have been satisfied, and now the award is subject only to time-based vesting conditions. The award vests in three equal annual installments beginning on February 25, 2026.

2. Includes 23,114 unvested shares acquired pursuant to the restricted stock units award described in Footnote 1 and other previously granted restricted stock unit awards.

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