KAO MIN H 4

What Happened

• Kao Min H, Executive Chairman and Director of Garmin Ltd. (GRMN), made four gift transactions on May 22, 2026, totaling 14,760 shares (4,166; 4,166; 4,345; 2,083). Each transaction is coded as a gift (G) and shows $0 cash proceeds. These were donations rather than open-market sales or purchases.

Key Details

• Transaction date: 2026-05-22. Transaction code: G (Gift). Report filed the same day (timely).
• Share counts: 4,166; 4,166; 4,345; 2,083 — total 14,760 shares gifted.
• Reported price/proceeds: $0 (gifts do not generate sale proceeds in the filing).
• Footnote: F1 — shares were gifted to a charitable organization.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• Gifts are transfers for charitable or personal purposes and do not necessarily signal the insider’s view of the company’s stock; they are not open-market sales. For retail investors, purchases tend to be more informative about insider confidence than gifts or routine dispositions.