PEMBLE CLIFTON A 4
4 · GARMIN LTD · Filed Feb 27, 2025
Insider Transaction Report
Form 4
GARMIN LTDGRMN
PEMBLE CLIFTON A
DirectorPresident and CEO
Transactions
- Sale
Registered Shares
2025-02-26$226.39/sh−1,999$452,546→ 154,424 total - Sale
Registered Shares
2025-02-26$227.56/sh−4,771$1,085,707→ 149,653 total - Tax Payment
Registered Shares
2025-02-25$226.04/sh−10,844$2,451,178→ 156,727 total - Sale
Registered Shares
2025-02-26$224.93/sh−304$68,378→ 156,423 total - Sale
Registered Shares
2025-02-26$228.34/sh−128$29,228→ 149,525 total
Holdings
- 255(indirect: By Children)
Registered Shares
Footnotes (6)
- [F1]25,945 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 10,844 shares were withheld to pay a resulting tax liability.
- [F2]Includes 74,367 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- [F3]Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2024.
- [F4]This transaction was executed in multiple trades at prices ranging from $224.735 to $225.06. 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.
- [F5]This transaction was executed in multiple trades at prices ranging from $226.04 to $226.895. 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.
- [F6]This transaction was executed in multiple trades at prices ranging from $227.08 to $228.03. 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.