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

Reporting relationship: VP, Consumer Sales & Marketing
Issuer ticker: GRMN
Reported as of: 25 Feb 2026
Net transaction value: -$1,205,224
SEC form: 4
Accepted by SEC: 27 Feb 2026, 18:00:02 UTC
Prior SEC filing: 20 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Paul E. Cassat, as attorney-in-fact for Susan Lyman

Key filing fact

Susan Lyman filed Form 4 for GARMIN LTD (GRMN) on 27 Feb 2026.

Key facts

This page summarizes Susan Lyman's Form 4 filing for GARMIN LTD (GRMN).
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 27 Feb 2026, 18:00.

Change

Previous filing in this sequence was filed on 20 Feb 2026.
Current net transaction value: -$1,205,224.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002011961 Primary reporting owner

LYMAN SUSAN

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GRMN transaction

Registered Shares

Tax liability

Transaction value: $248,966
Shares: -988
Change %: -8.1%
Price: $251.99
Shares after: 11,276
Date: 25 Feb 2026
Ownership: Direct
Footnotes: F1, F2

GRMN transaction

Registered Shares

Sale

Transaction value: $706,434
Shares: -2,814
Change %: -25%
Price: $251.04
Shares after: 8,462
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F2, F3

GRMN transaction

Registered Shares

Sale

Transaction value: $249,825
Shares: -991
Change %: -12%
Price: $252.09
Shares after: 7,471
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F2, F4

GRMN holding

Registered Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 52
Date: 25 Feb 2026
Ownership: By 401(k) Plan

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Includes 6,502 unvested shares acquired pursuant to previously granted restricted stock unit awards.

Footnote 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.

Footnote 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.