MIN H. KAO - 07 Jun 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Signature
Paul E. Cassat, Attorney-In-Fact
Issuer symbol
GRMN
Transactions as of
07 Jun 2024
Transactions value $
$0
Form type
4
Filing time
07 Jun 2024, 17:55:13 UTC
Previous filing
07 Mar 2024
Next filing
11 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Gift $0 -24.2K -0.2% $0.00 12.1M 07 Jun 2024 By Children F1
transaction GRMN Registered Shares Gift $0 -12.1K -0.19% $0.00 6.3M 07 Jun 2024 By M&F Trust F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares gifted to a charitable organization.