Boessen Douglas G. 4
4 · GARMIN LTD · Filed Dec 17, 2025
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Boessen Douglas G.
CFO and Treasurer
Transactions
- Tax Payment
Registered Shares
2025-12-15$207.23/sh−1,984$411,144→ 27,162 total - Award
Registered Shares
2025-12-15+4,239→ 31,401 total - Sale
Registered Shares
2025-12-16$206.11/sh−1,977$407,487→ 29,424 total - Sale
Registered Shares
2025-12-16$206.84/sh−508$105,075→ 28,916 total
Footnotes (7)
- [F1]On December 15, 2025, 4,469 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those shares, 1,984 shares were withheld to pay the resulting tax liability.
- [F2]Includes 13,478 unvested shares acquired pursuant to previously granted restricted stock unit awards.
- [F3]On December 15, 2025 the reporting person received a grant of 4,239 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.
- [F4]Includes 17,717 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.
- [F5]Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2025.
- [F6]This transaction was executed in multiple trades at prices ranging from $205.55 to $206.51. 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 $206.645 to $207.14. 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.