Desbois Patrick 4
4 · GARMIN LTD · Filed Feb 27, 2025
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Desbois Patrick
co-COO
Transactions
- Tax Payment
Registered Shares
2025-02-25$226.04/sh−3,856$871,610→ 69,959 total - Sale
Registered Shares
2025-02-26$225.09/sh−297$66,852→ 69,662 total - Sale
Registered Shares
2025-02-26$228.27/sh−303$69,167→ 63,048 total - Sale
Registered Shares
2025-02-26$226.36/sh−1,904$430,985→ 67,758 total - Sale
Registered Shares
2025-02-26$227.55/sh−4,407$1,002,809→ 63,351 total
Footnotes (7)
- [F1]8,974 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, 3,856 shares were withheld to pay a resulting tax liability.
- [F2]Includes 25,595 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 November 27, 2024.
- [F4]This transaction was executed in multiple trades at prices ranging from $225.00 to $225.81. 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 $226.79. 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 $227.985. 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 $228.19 to $228.34. 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.