Form 4 for GRMN Garmin
Accepted 2025-06-09 00:00:00 ET · period of report 2025-06-06 · accession 0001014108-25-000047 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2025-06-09 | 2025-06-09 | GRMN | BURRELL JONATHAN | Dir | G - Gift | $0.00 | 0 | 5.73M | New | $0 |
| 2025-06-09 | 2025-06-07 | GRMN | BURRELL JONATHAN | Dir | F - Tax | $207.45 | -273 | 9,351 | -3% | -$56.6K | |
| 2025-06-09 | 2025-06-06 | GRMN | BURRELL JONATHAN | Dir | A - Grant | $0.00 | +858 | 9,624 | +10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Registered Shares | 2025-06-09 | G | A | 508,902 | $0.00 | 508,902 | I | — | — | |
| 2 | Common | Registered Shares | 2025-06-09 | G | D | 508,902 | $0.00 | 5,725,248 | I | — | — | |
| 3 | Common | Registered Shares | 2025-06-07 | F | D | 273 | $207.45 | 9,351 | D By trust | — | — | (F3) 1,090 shares that were acquired pursuant to an award of restricted stock units on June 7, 2024 and were released to the reporting person. Of these 1,090 shares, 273 shares were withheld to pay a resulting tax liability. (F4) Includes the 858 unvested shares acquired pursuant to the grant of the restricted stock unit award described in Footnote 1. (F9) The reporting person is a co-trustee of his mother's revocable trust and is 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. |
| 4 | Common | Registered Shares | 2025-06-06 | A | A | 858 | $0.00 | 9,624 | D By GRATs | — | — | (F1) Shares acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan. The award vests on June 6, 2026. (F2) Includes the 858 unvested shares acquired pursuant to the grant of restricted stock unit award described in Footnote 1 and 1,090 unvested shares acquired pursuant to a previously granted restricted stock unit award. (F6) 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. |