4Filed Jul 30, 8:00 PM ET
Garmin (GRMN) Managing Director Sean Biddlecombe Sells Shares
$GRMN · GARMIN LTDResearch Summary
AI-generated summary of this SEC filing
Garmin (GRMN) Managing Director Sean Biddlecombe Sells Shares
What Happened
Sean Biddlecombe, Managing Director, EMEA for Garmin Ltd. (GRMN), sold 986 shares in an open‑market transaction on July 31, 2026. The filing reports a weighted average sale price of $292.88 per share for a total proceeds of $288,779. This was a sale (not a purchase or award).
Key Details
- Transaction date: 2026-07-31 (filed same day).
- Price: weighted average $292.88; trades executed in multiple fills at prices from $292.62 to $293.26 (see footnote).
- Shares sold: 986; Total proceeds reported: $288,779.
- Shares owned after transaction: filing notes inclusion of 3,107 unvested shares from prior RSU awards; total post-transaction holdings not otherwise specified.
- Footnotes: F1 explains the weighted average and trade price range; F2 notes 3,107 unvested RSUs are included in reported holdings.
- No 10b5‑1 plan or other trading plan is disclosed in the filing.
Context
This is a routine insider sale reported by a senior regional executive. Sales do not necessarily indicate negative company outlook and can reflect diversification or personal liquidity needs. The filing was made contemporaneously (same-day filing).