Garmin Form 4 Filings

Garmin Ltd. executive Philip Straub reported an equity award of 6,978 registered shares. The Form 4 shows these shares were acquired at a price of $0.00 per share as a grant, bringing his directly held stake to 105,792.5 shares after the transaction.

Footnotes explain the shares relate to a restricted stock unit award granted in February 2025 that originally had both performance-based and time-based vesting conditions. The performance goals have been met, and the award now vests based only on time, in three equal annual installments beginning on February 25, 2026. His total holdings include 27,363 unvested shares from this and prior restricted stock unit awards.

Garmin Ltd. reported that co-COO Patrick Desbois acquired 8,574 registered shares on February 18, 2026 through a grant or award, at a stated price of $0.00 per share, indicating this was an equity compensation award rather than an open-market transaction. According to the footnotes, these shares relate to a restricted stock unit award granted in February 2025 that originally had both performance-based and time-based vesting conditions; the performance goals have been met and the award is now subject only to time-based vesting. The award is scheduled to vest in three equal annual installments beginning on February 25, 2026. After this transaction, Desbois beneficially owned 70,372 shares, which includes 32,919 unvested shares from this and other prior restricted stock unit awards.

Garmin Ltd executive Matthew Munn reported an acquisition of 3,987 registered shares through an equity award. The Form 4 shows these shares were acquired at a stated price of $0.0000 per share as part of a restricted stock units award with performance-based and time-based vesting conditions.

The performance conditions for this award, granted in February 2025, have been met, and it now vests based only on time in three equal annual installments beginning on February 25, 2026. After this transaction, Munn directly holds 16,742 Garmin shares, including 14,610 unvested shares from this and other restricted stock unit awards and 58 shares acquired in December 2025 under the Garmin Ltd. Employee Stock Purchase Plan.

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.

Boessen Douglas G. reported open-market sale transactions in a Form 4 filing for GRMN. The filing lists transactions totaling 479 shares at a weighted average price of $215.41 per share. Following the reported transactions, holdings were 28,488 shares.

Garmin Ltd. co-COO Patrick Desbois reported two stock sales of company shares. On January 7, 2026, he sold 2,190 registered shares at $210 per share and another 1,488 registered shares at $211 per share in open-market transactions.

These trades were executed under a Rule 10b5-1 trading plan that Desbois adopted on August 1, 2025, which is designed to pre-arrange sales. After the reported transactions, he beneficially owned 61,798 registered shares, which the filing notes includes 24,345 unvested shares from previously granted restricted stock unit awards.

Garmin Ltd reported an insider equity transaction by its VP, Human Resources. On December 15, 2025, 1,305 shares acquired under previously granted restricted stock unit awards vested and were released to the officer, and 581 of those shares were withheld to pay the resulting tax liability at a price of $207.23.

The officer also received a new grant of 999 restricted stock units on December 15, 2025, which are scheduled to vest in three equal annual installments beginning on December 15, 2026. After these transactions, the officer beneficially owns 4,965 registered shares, including unvested shares from the new and prior restricted stock unit awards.

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.

Garmin Ltd. reported insider equity activity by President and CEO Clifton A. Pemble, who is also a director. On December 15, 2025, 18,748 shares from previously granted restricted stock unit awards vested and were released, with 8,317 shares withheld to cover the resulting tax liability. That same day, he received a new grant of 14,964 restricted stock units that vest in three equal annual installments beginning December 15, 2026. On December 16, 2025, Pemble sold 6,498 shares at a weighted average price of $205.9947 and 3,933 shares at a weighted average price of $206.6129, under a Rule 10b5-1 trading plan adopted on February 28, 2025. After these transactions, he beneficially owns 135,180 registered shares directly, which include 70,583 unvested shares from restricted stock unit awards, plus 255 shares held indirectly through a child.

Garmin Ltd. executive Matthew Munn, EVP and Managing Director – Auto OEM, reported equity transactions in company shares. On December 15, 2025, 3,140 shares from previously granted restricted stock unit (RSU) awards vested and were released to him, and 1,246 of those shares were withheld to cover tax liabilities at a price of $207.23 per share.

On the same date, he received a new grant of 2,493 RSUs, which will vest in three equal annual installments beginning on December 15, 2026. Following these transactions, he beneficially owns 12,697 registered shares of Garmin, which includes 10,623 unvested shares tied to RSU awards.

Garmin Ltd. executive Philip Straub, EVP and Managing Director – Aviation, reported changes in his Garmin share holdings tied to restricted stock units. On December 15, 2025, 5,904 shares from previously granted RSU awards vested and were released to him, with 2,620 shares withheld at a price of $207.23 per share to cover tax liabilities.

On the same date, Straub received a new grant of 4,740 restricted stock units that vest in three equal annual installments beginning on December 15, 2026. After these transactions, he beneficially owns 98,814.5 Garmin registered shares, which includes 20,385 unvested shares from this new award and earlier RSU grants.

Garmin Ltd. co-COO Bradley C. Trenkle reported equity award activity dated December 15, 2025. On that date, 4,281 registered shares acquired through previously granted restricted stock unit awards vested and were released to him, and 1,901 shares were withheld at a price of $207.23 per share to pay the related tax liability.

Also on December 15, 2025, he received a new grant of 4,989 restricted stock units, which vest in three equal annual installments beginning on December 15, 2026. Following the reported transactions he beneficially owns 45,213 registered shares of Garmin, including 17,132 unvested shares from this and prior restricted stock unit awards.

Garmin Ltd. VP of Information Technology Edward J. Link reported equity compensation activity dated December 15, 2025. A total of 1,713 previously granted restricted stock units vested and were converted into registered shares; 505 of those shares were withheld at a price of $207.23 to cover the resulting tax liability.

On the same date, Link received a new grant of 1,248 restricted stock units, which vest in three equal annual installments beginning on December 15, 2026. After these transactions, he beneficially owns 28,446 Garmin shares directly, including 5,443 unvested shares from this and earlier restricted stock awards.

Garmin Ltd. vice president and general counsel Joshua H. Maxfield reported equity transactions involving company shares. On December 15, 2025, 1,740 shares acquired from previously granted restricted stock unit awards vested and were released to him, and 756 of those shares were withheld to pay the resulting tax liability at a price of $207.23 per share.

On the same date, he received a new grant of 1,995 restricted stock units at a price of $0, which vest in three equal annual installments beginning on December 15, 2026. After these transactions, he beneficially owned 14,813 registered shares directly and 527.84 registered shares indirectly through a 401(k) plan. These amounts include unvested shares from restricted stock unit awards, 57 shares acquired under the Garmin Ltd. Employee Stock Purchase Plan, and approximately 6 shares acquired through a dividend reinvestment plan.

Garmin Ltd. reported insider equity activity by its CFO and Treasurer, Douglas G. Boessen. On December 15, 2025, 4,469 shares from previously granted restricted stock unit awards vested and were released, with 1,984 of those shares withheld to cover tax liabilities. That same day, he received a new grant of 4,239 restricted stock units that will vest in three equal annual installments beginning on December 15, 2026.

On December 16, 2025, Boessen sold 1,977 Garmin shares at a weighted average price of $206.1138 and 508 shares at a weighted average price of $206.8401, both under a Rule 10b5-1 trading plan adopted on March 3, 2025. Following these transactions, he directly beneficially owned 28,916 Garmin shares, including 17,717 unvested shares tied to restricted stock unit awards.

Garmin Ltd. reported insider equity activity for Vice President of Consumer Sales & Marketing Susan Lyman. On December 15, 2025, 2,135 shares from previously granted restricted stock unit awards vested and were released to her, with 629 shares withheld to cover the resulting tax liability.

On the same date, she received a new grant of 1,746 restricted stock units that vest in three equal annual installments beginning on December 15, 2026. After these transactions, she beneficially owns 9,615 registered shares directly, which include 7,194 unvested shares from recent and prior restricted stock unit awards, plus 52.14 additional shares held indirectly through a 401(k) plan.

Garmin co-COO Patrick Desbois reported equity compensation activity dated December 15, 2025. On that date, 6,611 shares from previously granted restricted stock unit awards vested and were released to him, and 2,933 of those shares were withheld to pay the related tax liability. After this transaction, he beneficially owned 60,115 registered shares.

Also on December 15, 2025, Desbois received a new grant of 5,361 restricted stock units that vest in three equal annual installments beginning on December 15, 2026. Following this grant, he beneficially owned 65,476 Garmin shares, which include unvested shares from the new December 15, 2025 award and earlier restricted stock unit awards.

Garmin Ltd managing director for EMEA Sean Biddlecombe reported equity compensation activity on December 15, 2025. 1,225 restricted stock unit shares vested, with 577 shares withheld to cover tax liability, and he received a new grant of 747 restricted stock units that vest in three annual installments. After these transactions he holds 7,758 registered shares directly and 3,773 unvested RSU shares.

Garmin Ltd. President and CEO Clifton A. Pemble reported a charitable stock gift. On 12/10/2025, he transferred 2,742 Garmin registered shares as a gift, with a reported price of $0 per share, indicating no sale proceeds. After this transaction, he beneficially owned 138,964 Garmin shares.

The reported holdings include 74,367 unvested shares from previously granted restricted stock unit awards and 80 shares acquired in June 2025 through the Garmin Ltd. Employee Stock Purchase Plan. The filing reflects a personal stock disposition by gift rather than an open-market sale, while maintaining a substantial ongoing ownership position.

Garmin Ltd. co-COO reports charitable stock gift. A Garmin Ltd. officer who serves as co-COO reported gifting 252 registered shares of Garmin Ltd. common stock on 12/10/2025, recorded at a price of $0, indicating a transfer without sale proceeds. Following this transaction, the officer beneficially owns 42,125 Garmin shares. This amount includes 16,424 unvested shares from previously granted restricted stock unit awards and 122 shares acquired in June 2025 under the Garmin Ltd. Employee Stock Purchase Plan. The filing was made as a single‑person Form 4 reporting ownership and this charitable disposition.

Garmin Ltd director Jonathan Burrell filed a Form 4 reporting several transactions in Garmin Ltd (GRMN) shares. On 12/02/2025 and 12/03/2025, he reported code G transactions (gifts) of 10,150 and 1,450 registered shares at a reported price of $0, leaving 1,097,500 shares held indirectly by multiple grantor retained annuity trusts (GRATs) in which he has interests. On 12/04/2025, he reported a further code G gift of 445,000 registered shares at $0, resulting in 5,000,352 shares held indirectly by certain GRATs, and a separate code G disposition of 445,000 shares from a trust, leaving that trust with 25,000 shares.

Following these transactions, Burrell reports 9,351 shares beneficially owned directly, consisting of 8,493 registered shares and unvested RSUs that vest as to 858 shares on June 6, 2026. He also reports indirect holdings of 394,478 shares through LLCs and 1,447,766, 1,646,843, and 25,000 shares through various trusts, with multiple disclaimers that he only benefits to the extent of his pecuniary interests.

Garmin Ltd. director Jonathan Burrell reported several transactions in Garmin registered shares involving family estate-planning entities. On November 28, 2025, he recorded gifts or transfers (code G) of 5,900 and 470,000 registered shares at a stated price of $0, moving holdings among grantor retained annuity trusts (GRATs) and trusts where he serves as co‑trustee. Following these moves, one group of GRATs held 1,121,200 registered shares and another set of GRATs held 4,555,352 registered shares, reported as indirectly owned.

He also reports indirect ownership through limited liability companies and trusts, including 1,447,766 registered shares held by a trust and additional shares held by LLCs. A separate line notes 9,351 registered shares consisting of 8,493 shares plus unvested restricted stock units that vest as to 858 shares on June 6, 2026. Burrell disclaims beneficial ownership of many of these positions except to the extent of his pecuniary interest.

Garmin Ltd. director Jonathan Burrell reported several internal transfers of Garmin registered shares on 11/14/2025 on a Form 4. The transactions, coded "G" for gifts, show 200,000 shares added at $0 to grantor retained annuity trusts (GRATs) for which he is co-trustee, and 190,500 shares similarly added to other GRATs. Corresponding entries show 200,000 and 190,500 shares transferred out of a trust at $0, reflecting movement of shares among family trusts and GRATs.

After these transactions, Burrell reports beneficial ownership of Garmin shares through multiple GRATs, limited liability companies and trusts, as well as 8,493 registered shares held directly and unvested restricted stock units that can be settled only in registered shares, with 858 RSUs vesting on June 6, 2026. He repeatedly disclaims beneficial ownership of many of these indirect holdings except to the extent of his pecuniary interest.

Garmin Ltd. (GRMN) director Jonathan Burrell reported insider transactions on 11/06/2025 via a Form 4. The filing lists gift (Code G) transfers of 200,000 and 190,500 registered shares at $0.

Following the transactions, he holds 9,351 shares directly, which consist of 8,493 registered shares and unvested RSUs that vest as to 858 shares on June 6, 2026. Indirect holdings are reported across family entities, including 927,100 and 4,834,852 shares by GRATs, 394,478 shares by LLCs, and 1,447,766, 1,828,843, and 190,500 shares by trusts. The reporting person disclaims beneficial ownership of certain indirect holdings except to the extent of his pecuniary interest, as noted in the footnotes.

Garmin Ltd. (GRMN): Director insider transactions reported. Director Jonathan Burrell filed a Form 4 for activity on 11/04/2025. He reported gifts of Registered Shares at $0 per share, including 7,500 shares (indirect, by GRATs) and 196,700 shares (indirect, by GRATs). He also reported a 65,567-share gift received (indirect, by trust) at $0. Post-transaction indirect holdings are disclosed across multiple GRATs, trusts, and LLCs. Footnotes note unvested RSUs that vest as to 858 shares on June 6, 2026.

Jonathan Burrell, a director of Garmin Ltd. (GRMN), reported multiple transactions on 09/12/2025 on Form 4. The filing shows dispositions including 9,351 registered shares (which consist of 8,493 registered shares and RSUs that vest as to 858 shares on June 6, 2026) and Code G transactions of 4,200 and 104,000 registered shares at a reported price of $0 (gifts). The report also lists acquisitions recorded as Code G of 4,200 and 104,000 registered shares at $0, allocated to trusts. The filing discloses substantial indirect holdings via GRATs, LLCs and trusts with amounts reported as 734,600, 4,841,052, 394,478, and 1,382,199 shares and additional indirect totals reflecting post-transaction positions (e.g., 2,028,843 and 381,000 shares). The reporting person disclaims beneficial ownership of certain securities except to the extent of pecuniary interest.