GARMIN LTD·4

Feb 27, 6:00 PM ET

LINK EDWARD J. 4

4 · GARMIN LTD · Filed Feb 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Garmin (GRMN) VP Edward J. Link Receives RSUs; 792 Shares Withheld

What Happened

Edward J. Link, Garmin's Vice President of Information Technology, had 2,618 restricted stock units (RSUs) vest on February 25, 2026. To cover the resulting tax liability, 792 of those vested shares were withheld (disposed) at $251.99 per share, a withholding value of approximately $199,576. The filing reports the withholding transaction under code F (payment of tax liability).

Key Details

  • Transaction date: 2026-02-25; withholding/disposition: 792 shares at $251.99 each (= $199,576).
  • Vesting: 2,618 RSUs vested in total (F1). Of those, 792 shares were withheld to pay taxes.
  • Shares owned after transaction: Not specified in the Form 4 provided.
  • Footnotes: F1 explains 2,618 shares vested and 792 withheld for taxes; F2 notes the reporting person also has 4,820 unvested RSUs outstanding.
  • Timeliness: Filing was submitted 2026-02-27 for a 2026-02-25 transaction — appears timely (no late-filing flag).

Context

This was an RSU vesting event with shares withheld to satisfy tax obligations (a routine, non-market-sale disposition), not an open-market sale or purchase. Withholding of shares for taxes is common and does not by itself indicate a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-02-25
LINK EDWARD J.
VP, Information Technology
Transactions
  • Tax Payment

    Registered Shares

    [F1][F2]
    2026-02-25$251.99/sh792$199,57629,700 total
Footnotes (2)
  • [F1]2,618 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, 792 shares were withheld to pay a resulting tax liability.
  • [F2]Includes 4,820 unvested shares acquired pursuant to previously granted restricted stock unit awards.
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Edward J. Link|2026-02-27

Documents

1 file
  • 4
    ownership.xmlPrimary

    4