Philip Straub - Dec 15, 2024 Form 4 Insider Report for GARMIN LTD (GRMN)

Role: EVP, Man. Director - Aviation
Signature: /s/ Paul E. Cassat, as attorney-in-fact for Philip Straub
Stock symbol: GRMN
Transactions as of: Dec 15, 2024
Transactions value $: -$560,902
Form type: 4
Date filed: 12/17/2024, 04:32 PM
Previous filing: Nov 12, 2024
Next filing: Feb 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRMN	Registered Shares	Tax liability	-$561K	-2.6K	-2.95%	$215.40	85.5K	Dec 15, 2024	Direct	F1, F2
transaction	GRMN	Registered Shares	Award	$0	+4.05K	+4.74%	$0.00	89.6K	Dec 15, 2024	Direct	F3, F4

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 15, 2024, 5,883 shares that were acquired pursuant to previously granted restricted stock unit awards vested and were released to the reporting person. Of those 5,883 shares, 2,604 shares were withheld to pay the resulting tax liability.
F2	Includes 14,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F3	On December 15, 2024 the reporting person received a grant of 4,050 restricted stock units, which vest in three equal annual installments, beginning on December 15, 2025.
F4	Includes 18,071 unvested shares acquired pursuant to the December 15, 2024 restricted stock unit award and previously granted restricted stock unit awards.