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GARMIN LTD — Director's Dealing 2025
Dec 18, 2025
30027_dirs_2025-12-17_53f08f52-8673-48d8-b8d0-7facfa438186.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: MAXFIELD JOSHUA H (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-12-15 | Registered Shares | F | 756 | $207.23 | Disposed | 12818 | Direct |
| 2025-12-15 | Registered Shares | A | 1995 | — | Acquired | 14813 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Registered Shares | 527.84 | Indirect |
Footnotes
F1: On December 15, 2025, 1,740 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those shares, 756 shares were withheld to pay the resulting tax liability.
F2: Includes (i) 4,676 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 57 shares acquired by the reporting person in June 2025 under the Garmin Ltd. Employee Stock Purchase Plan.
F3: Includes approximately 6 shares acquired by the reporting person pursuant to a dividend reinvestment plan.
F4: On December 15, 2025 the reporting person received a grant of 1,995 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.
F5: Includes 6,671 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.