TRENKLE BRADLEY C 4

What Happened
Bradley C. Trenkle, co-Chief Operating Officer of Garmin Ltd. (GRMN), received 7,549 vested restricted stock units (RSUs) on Feb 25, 2026. To satisfy the resulting tax withholding, 3,366 of those shares were withheld (disposed) at a value of $251.99 per share, totaling $848,198. The net shares delivered to Trenkle after withholding were 4,183 (7,549 vested − 3,366 withheld). This was a tax-withholding event on vested awards, not an open-market sale.

Key Details

• Transaction date: 2026-02-25; withholding price: $251.99/share; withheld shares: 3,366; value: $848,198.
• Vested shares: 7,549 shares vested and were paid to the reporting person; net delivered = 4,183 shares.
• Ownership note: Filing indicates 15,565 unvested RSUs remain (per footnote F2). The filing did not state an overall total of shares beneficially owned following the transaction beyond these unvested awards.
• Footnotes: F1 explains the withholding to cover tax liability; F2 lists unvested RSUs included in holdings.
• Timeliness: Transaction reported on Feb 27, 2026 for a Feb 25 transaction — filed within the normal 2-business-day Form 4 window (not flagged late).

Context
This was a routine tax-withholding/settlement tied to RSU vesting (often called “share withholding” or a cashless-on-paper settlement). It does not represent a discretionary open-market sale and therefore should not be read as a directional trade signal by itself.