GARMIN LTD·4

Jun 12, 9:55 PM ET

KAO MIN H 4

Research Summary

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Garmin (GRMN) Executive Chairman Kao Min H Gifts 11,005 Shares

What Happened
Kao Min H, Executive Chairman and Director of Garmin Ltd (GRMN), reported three gift transactions on June 11, 2026, disposing a total of 11,005 shares: 3,385 shares, 3,385 shares, and 4,235 shares. Each transaction is recorded as a gift (code G) with a reported price of $0.00, so no cash proceeds were received by the insider.

Key Details

  • Transaction date: 2026-06-11 (reported on Form 4 filed 2026-06-12).
  • Transactions: Gift of 3,385 shares; Gift of 3,385 shares; Gift of 4,235 shares — total 11,005 shares.
  • Price / proceeds: $0.00 per share; total proceeds $0 (gifts).
  • Footnote: F1 — shares were gifted to a charitable organization.
  • Shares owned after transaction: not specified in this filing.
  • Timeliness: Form 4 was filed the next day; no late filing is indicated.

Context
Gifts (code G) are transfers of shares without cash consideration and do not necessarily indicate the insider’s view of the company’s stock. Such transactions are often for charitable giving or estate/financial planning. Because no purchase occurred, this filing is not a bullish signal based on insider buying.