TRENKLE BRADLEY C 4

What Happened
Bradley C. Trenkle, co-chief operating officer of Garmin Ltd. (GRMN), was granted 5,982 restricted stock units (RSUs) on Feb 18, 2026. The RSUs were issued at $0.00 (no cash paid) as a compensation award. The performance conditions tied to the original February 2025 grant have been met; the award is now subject only to time-based vesting and will vest in three equal annual installments beginning February 25, 2026.

Key Details

• Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-20). Transaction code: A (award/grant).
• Shares granted: 5,982 RSUs; purchase price: $0.00; reported acquisition value: $0.
• Post-transaction holdings: filing notes 23,114 unvested shares held that include the RSUs from Footnote 1 and other previously granted RSUs.
• Footnote summary: The RSUs were from a Feb 2025 award that required performance and time conditions; performance vesting is satisfied (per F1) and only time-based vesting remains. (F2 references the 23,114 unvested shares.)
• Filing timeliness: Reported two days after the transaction (timely filing).

Context
This was a compensation grant (RSUs), not an open-market purchase or sale. RSU awards reflect company compensation practices and vest over time; they do not by themselves indicate an insider buying or selling shares in the market. The first vesting installment will occur Feb 25, 2026, with the remainder vesting annually thereafter.