Biddlecombe Sean 4

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.