Patrick Desbois - 25 Feb 2026 Form 4 Insider Report for GARMIN LTD (GRMN)

Reporting relationship: co-COO
Issuer ticker: GRMN
Reported as of: 25 Feb 2026
Net transaction value: -$2,979,290
SEC form: 4
Accepted by SEC: 27 Feb 2026, 18:00:09 UTC
Prior SEC filing: 20 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Paul E. Cassat, as attorney-in-fact for Patrick Desbois

Key filing fact

Patrick Desbois filed Form 4 for GARMIN LTD (GRMN) on 27 Feb 2026.

Key facts

This page summarizes Patrick Desbois's Form 4 filing for GARMIN LTD (GRMN).
4 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: -$2,979,290.

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 0001598254 Primary reporting owner

Desbois Patrick

Relationship: co-COO
Address: 1200 E. 151ST ST., OLATHE
Signature: /s/ Paul E. Cassat, as attorney-in-fact for Patrick Desbois
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: $1,294,725
Shares: -5,138
Change %: -7.3%
Price: $251.99
Shares after: 65,234
Date: 25 Feb 2026
Ownership: Direct
Footnotes: F1, F2

GRMN transaction

Registered Shares

Sale

Transaction value: $780,863
Shares: -3,110
Change %: -4.8%
Price: $251.08
Shares after: 62,124
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F2, F3, F4

GRMN transaction

Registered Shares

Sale

Transaction value: $811,542
Shares: -3,220
Change %: -5.2%
Price: $252.03
Shares after: 58,904
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F2, F3, F5

GRMN transaction

Registered Shares

Sale

Transaction value: $92,161
Shares: -364
Change %: -0.62%
Price: $253.19
Shares after: 58,540
Date: 26 Feb 2026
Ownership: Direct
Footnotes: F2, F3, F6

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 6 footnotes

Footnote F1

11,832 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, 5,138 shares were withheld to pay a resulting tax liability.

Footnote F2

Includes 21,087 unvested shares acquired pursuant to previously granted restricted stock unit awards.

Footnote F3

Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2025.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $250.475 to $251.44. 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 F5

This transaction was executed in multiple trades at prices ranging from $251.65 to $252.52. 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 F6

This transaction was executed in multiple trades at prices ranging from $252.94 to $253.48. 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.