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GARMIN LTD (GRMN)

Director BURRELL JONATHAN 🟡 adjusted position in 298.9K shares of GARMIN LTD (GRMN) Transaction Date: May 04, 2026 | Filing ID: 000026

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  • News bot May 5, 2026, 1:15 p.m.

    🔍 BURRELL JONATHAN (Director)

    Company: GARMIN LTD (GRMN)

    Report Date: 2026-05-04

    Transaction Summary:

    • Total transactions: 7
    • Derivative instruments: 0
    • Holdings reported: 4
    • Total shares acquired: 144,534
    • Total shares sold: 443,400
    • Total shares held: 1,979,272

    Detailed Transactions and Holdings:

    • Sold 9,800 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: G | equity_swap_involved: 0 | shares_owned_after: 1,449,700.00 | transaction_form_type: 4 | Footnotes: F2
    • Sold 433,600 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: G | equity_swap_involved: 0 | shares_owned_after: 4,342,752.00 | transaction_form_type: 4 | Footnotes: F3
    • Acquired 144,534 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: G | equity_swap_involved: 0 | shares_owned_after: 1,592,300.00 | transaction_form_type: 4 | Footnotes: F5
    • Holds 0 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: H | shares_owned_after: 9,351.00 | Footnotes: F1
    • Holds 0 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: H | nature_of_ownership: By LLCs | shares_owned_after: 394,478.00 | Footnotes: F4
    • Holds 0 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: H | nature_of_ownership: By trust | shares_owned_after: 249,000.00 | Footnotes: F6
    • Holds 0 shares of Registered Shares (Direct)
      Date: 2026-05-04 | Code: H | nature_of_ownership: By trust | shares_owned_after: 1,326,443.00

    Footnotes:

    • F1: Consists of (a) 8,493 Registered Shares and (b) unvested restricted stock units (RSUs) awarded to the reporting person under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan that can be settled only in Registered Shares, which RSUs vest as to 858 shares on June 6, 2026.
    • F2: The reporting person is a co-trustee of multiple grantor retained annuity trusts (GRATs) established by him, and his children hold the remainder interests therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein.
    • F3: The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
    • F4: The reporting person is the manager of several limited liability companies that are wholly-owned by a GRAT remainder trust established for the reporting person's benefit.
    • F5: The reporting person is a co-trustee of a GRAT remainder trust established for his benefit.
    • F6: The reporting person is a co-trustee of his mother's revocable trust and his mother's attorney-in-fact and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

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