Susan Lyman - 25 Feb 2026 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
VP, Consumer Sales & Marketing
Signature
/s/ Paul E. Cassat, as attorney-in-fact for Susan Lyman
Issuer symbol
GRMN
Transactions as of
25 Feb 2026
Net transactions value
-$1,205,224
Form type
4
Filing time
27 Feb 2026, 18:00:02 UTC
Previous filing
20 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
LYMAN SUSAN VP, Consumer Sales & Marketing 1200 E. 151ST ST., OLATHE /s/ Paul E. Cassat, as attorney-in-fact for Susan Lyman 27 Feb 2026 0002011961

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Tax liability $248,966 -988 -8.1% $251.99 11,276 25 Feb 2026 Direct F1, F2
transaction GRMN Registered Shares Sale $706,434 -2,814 -25% $251.04 8,462 26 Feb 2026 Direct F2, F3
transaction GRMN Registered Shares Sale $249,825 -991 -12% $252.09 7,471 26 Feb 2026 Direct F2, F4
holding GRMN Registered Shares 52 25 Feb 2026 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 3,287 shares that were acquired by the reporting person pursuant to previously granted restricted stock unit awards vested and were paid to the reporting person. Of these shares, 988 shares were withheld to pay a resulting tax liability.
F2 Includes 6,502 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3 This transaction was executed in multiple trades at prices ranging from $250.72 to $251.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.
F4 This transaction was executed in multiple trades at prices ranging from $251.87 to $252.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range.