Danny J. Bartel - Dec 15, 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
VP, Global Consumer Sales
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Danny J. Bartel
Stock symbol
GRMN
Transactions as of
Dec 15, 2024
Transactions value $
-$182,659
Form type
4
Date filed
12/17/2024, 04:29 PM
Previous filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability -$183K -848 -0.8% $215.40 106K Dec 15, 2024 Direct F1, F2
holding GRMN Registered Shares 116K Dec 15, 2024 By 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2024, 2,747 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 2,747 shares, 848 shares were withheld to pay the resulting tax liability.
F2 Includes 6,597 unvested shares acquired pursuant to previously granted restricted stock unit awards and 197 shares acquired by the reporting person in June 2024 under the Garmin Ltd. Employee Stock Purchase Plan.
F3 Includes 502 shares acquired by the reporting person pursuant to a dividend reinvestment plan.