Joshua H. Maxfield - 15 Dec 2025 Form 4 Insider Report for GARMIN LTD (GRMN)

Signature
/s/ Paul E. Cassat, as attorney-in-fact for Joshua H. Maxfield
Issuer symbol
GRMN
Transactions as of
15 Dec 2025
Net transactions value
-$156,666
Form type
4
Filing time
17 Dec 2025, 18:55:09 UTC
Previous filing
27 Feb 2025
Next filing
20 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MAXFIELD JOSHUA H VP, General Counsel 1200 E. 151ST ST., OLATHE /s/ Paul E. Cassat, as attorney-in-fact for Joshua H. Maxfield 17 Dec 2025 0002027497

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability $156,666 -756 -5.6% $207.23 12,818 15 Dec 2025 Direct F1, F2
transaction GRMN Registered Shares Award $0 +1,995 +16% $0.000000 14,813 15 Dec 2025 Direct F4, F5
holding GRMN Registered Shares 528 15 Dec 2025 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, 2025, 1,740 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those shares, 756 shares were withheld to pay the resulting tax liability.
F2 Includes (i) 4,676 unvested shares acquired pursuant to previously granted restricted stock unit awards and (ii) 57 shares acquired by the reporting person in June 2025 under the Garmin Ltd. Employee Stock Purchase Plan.
F3 Includes approximately 6 shares acquired by the reporting person pursuant to a dividend reinvestment plan.
F4 On December 15, 2025 the reporting person received a grant of 1,995 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2026.
F5 Includes 6,671 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.