Biddlecombe Sean 4
4 · GARMIN LTD · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
Garmin (GRMN) MD EMEA Sean Biddlecombe Withholds 877 Shares for Taxes
What Happened
- Sean Biddlecombe, Managing Director, EMEA at Garmin Ltd., had restricted stock units vest on Feb 25, 2026. A total of 1,863 shares vested; 877 of those shares were withheld to satisfy the resulting tax liability (transaction code F). The withheld shares were valued at $251.99 each, totaling $220,995. The remaining 986 vested shares were delivered to Mr. Biddlecombe.
Key Details
- Transaction date: 2026-02-25; filing date: 2026-02-27 (timely filing).
- Withheld/Disposed: 877 shares at $251.99 per share; total value $220,995.
- Vesting: 1,863 RSU shares vested in this event; 986 shares issued to the insider after withholding.
- Unvested RSUs: Filing notes 3,107 unvested shares remain from prior awards.
- Transaction type: F = tax withholding on vested RSUs (not an open-market sale).
Context
- This was a tax-withholding action tied to RSU vesting (a routine, non-open-market transaction), not a discretionary sale or purchase that signals an investment decision. For retail investors, tax-withholding dispositions typically reflect compensation mechanics rather than insider views on the stock.
Insider Transaction Report
Form 4
GARMIN LTDGRMN
Biddlecombe Sean
Managing Director, EMEA
Transactions
- Tax Payment
Registered Shares
[F1][F2]2026-02-25$251.99/sh−877$220,995→ 7,007 total
Footnotes (2)
- [F1]1,863 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, 877 shares were withheld to pay a resulting tax liability.
- [F2]Includes 3,107 unvested shares acquired pursuant to previously granted restricted stock unit awards.
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Sean Biddlecombe|2026-02-27