Garmin (NASDAQ: GRMN) co-COO awarded 5,982 restricted shares vesting from 2026
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TRENKLE BRADLEY C
Role
co-COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Registered Shares | 5,982 | $0.00 | -- |
Holdings After Transaction:
Registered Shares — 51,195 shares (Direct)
Footnotes (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. 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
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.
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.
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.