4//SEC Filing
BURRELL JONATHAN 4
Accession 0001014108-25-000071
CIK 0001121788other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 10:00 AM ET
Size
12.3 KB
Accession
0001014108-25-000071
Insider Transaction Report
Form 4
GARMIN LTDGRMN
BURRELL JONATHAN
10% Owner
Transactions
- Gift
Registered Shares
2025-11-04−7,500→ 727,100 total(indirect: By GRATs) - Gift
Registered Shares
2025-11-04+65,567→ 1,447,766 total(indirect: By Trust) - Gift
Registered Shares
2025-11-04−196,700→ 4,644,352 total(indirect: By GRATs)
Holdings
- 381,000(indirect: By Trust)
Registered Shares
- 9,351
Registered Shares
- 394,478(indirect: By LLC)
Registered Shares
- 2,028,843(indirect: By Trust)
Registered Shares
Footnotes (6)
- [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 interest 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.
Documents
Issuer
GARMIN LTD
CIK 0001121788
Entity typeother
Related Parties
1- filerCIK 0001134084
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 10:00 AM ET
- Size
- 12.3 KB