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GARMIN LTD — Director's Dealing 2025
Dec 18, 2025
30027_dirs_2025-12-17_a36427db-7d32-41db-a8d4-2bb70af24747.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: PEMBLE CLIFTON A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-12-15 | Registered Shares | F | 8317 | $207.23 | Disposed | 130647 | Direct |
| 2025-12-15 | Registered Shares | A | 14964 | — | Acquired | 145611 | Direct |
| 2025-12-16 | Registered Shares | S | 6498 | $205.9947 | Disposed | 139113 | Direct |
| 2025-12-16 | Registered Shares | S | 3933 | $206.6129 | Disposed | 135180 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 255 | Indirect |
Footnotes
F1: On December 15, 2025, 18,748 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those shares, 8,317 shares were withheld to pay the resulting tax liability.
F2: Includes 55,619 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3: On December 15, 2025 the reporting person received a grant of 14,964 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.
F4: Includes 70,583 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.
F5: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2025.
F6: This transaction was executed in multiple trades at prices ranging from $205.34 to $206.335. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F7: This transaction was executed in multiple trades at prices ranging from $206.345 to $207.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.