KAO MIN H 4

What Happened
Kao Min H, Executive Chairman and Director of Garmin Ltd. (GRMN), made multiple gifts of company stock on February 20, 2026. The filing shows four gift transactions totaling 14,525 shares (4,150 + 4,150 + 4,150 + 2,075). Each transaction is coded G (gift) and reported with a $0 sale price/value in the Form 4; a footnote states the shares were gifted to a charitable organization. Gifts are disposals for reporting purposes but do not represent open-market sales.

Key Details

• Transaction date: 2026-02-20 (all four entries)
• Transaction type/code: Gift (G)
• Shares gifted: 4,150; 4,150; 4,150; 2,075 — total 14,525 shares
• Reported transaction value: $0 (gifts reported with no cash proceeds)
• Footnote: F1 — shares gifted to a charitable organization
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Report filed on 2026-02-20 (period of report same date), indicating a timely filing

Context
Gifts to charities are common and are not direct indicators of the insider’s view of the company’s stock price. Unlike purchases, gifts simply transfer ownership and may be motivated by philanthropic or tax-planning reasons. For retail investors, purchases and option exercises that increase insider ownership tend to carry more actionable signal than gifts.