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GARMIN LTD Director's Dealing 2025

Dec 18, 2025

30027_dirs_2025-12-17_ec71e046-b4d0-4394-a856-4550bfaa5cda.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: 2025-12-15

Reporting Person: MINARD LAURIE A (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-12-15 Registered Shares F 581 $207.23 Disposed 3966 Direct
2025-12-15 Registered Shares A 999 Acquired 4965 Direct

Footnotes

F1: On December 15, 2025, 1,305 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those shares, 581 shares were withheld to pay the resulting tax liability.

F2: Includes 3,186 unvested shares acquired pursuant to previously granted restricted stock unit awards.

F3: On December 15, 2025 the reporting person received a grant of 999 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.

F4: Includes 4,185 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.