Bradley C. Trenkle - 15 Dec 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
co-COO
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Bradley C. Trenkle
Issuer symbol
GRMN
Transactions as of
15 Dec 2024
Net transactions value
-$373,719
Form type
4
Filing time
17 Dec 2024, 16:37:22 UTC
Previous filing
06 Nov 2024
Next filing
21 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability $373,719 -1,735 -5% $215.40 32,661 15 Dec 2024 Direct F1, F2
transaction GRMN Registered Shares Award $0 +3,336 +10% $0.000000 35,997 15 Dec 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 15, 2024, 3,907 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 3,907 shares, 1,735 shares were withheld to pay the resulting tax liability.
F2 Includes 9,901 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 On December 15, 2024 the reporting person received a grant of 3,336 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4 Includes 13,237 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.