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GARMIN LTD Director's Dealing 2024

Dec 17, 2024

30027_dirs_2024-12-17_c9059791-f40c-4f57-b719-d9e415d4df10.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GARMIN LTD (GRMN)
CIK: 0001121788
Period of Report: 2024-12-15

Reporting Person: MAXFIELD JOSHUA H (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-15 Registered Shares F 625 $215.4 Disposed 9417 Direct
2024-12-15 Registered Shares A 1431 Acquired 10848 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Registered Shares 519.95 Indirect

Footnotes

F1: On December 15, 2024, 1,509 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 1,509 shares, 625 shares were withheld to pay the resulting tax liability.

F2: Includes 3,537 unvested shares acquired pursuant to previously granted restricted stock unit awards.

F3: On December 15, 2024 the reporting person received a grant of 1,431 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.

F4: Includes 4,968 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.