JONATHAN BURRELL - 13 Jun 2025 Form 4 Insider Report for GARMIN LTD (GRMN)

Role
Director
Signature
/s/ Jonathan Burrell
Issuer symbol
GRMN
Transactions as of
13 Jun 2025
Transactions value $
$0
Form type
4
Filing time
16 Jun 2025, 14:27:18 UTC
Previous filing
09 Jun 2025
Next filing
08 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BURRELL JONATHAN Director 6300 WEST 143RD STREET, OVERLAND PARK /s/ Jonathan Burrell 13 Jun 2025 0001134084

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRMN Registered Shares Gift $0 -308,000 -5.38% $0.000000 5,417,248 13 Jun 2025 By GRATs (3) F3
transaction GRMN Registered Shares Gift $0 +337,366 +32.3% $0.000000 1,382,199 13 Jun 2025 By trust (5) F5
transaction GRMN Registered Shares Gift $0 +308,000 +60.5% $0.000000 816,902 13 Jun 2025 By trust (6) F6
transaction GRMN Registered Shares Gift $0 -1,012,098 -18.7% $0.000000 4,405,150 13 Jun 2025 By GRATs (3) F3
holding GRMN Registered Shares 9,351 13 Jun 2025 Direct F1
holding GRMN Registered Shares 533,800 13 Jun 2025 By GRATs (2) F2
holding GRMN Registered Shares 394,478 13 Jun 2025 By LLCs (4) F4
holding GRMN Registered Shares 2,229,643 13 Jun 2025 By trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of (a) 8,493 Registered Shares and (b) unvested restricted stock units (RSUs) awarded to the reporting person under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan that can be settled only in Registered Shares, which RSUs vest as to 858 shares on June 6, 2026.
F2 The reporting person is a co-trustee of multiple grantor retained annuity trusts (GRATs) established by him, and his children hold the remainder interests therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 The reporting person is a co-trustee of several grantor retained annuity trusts (GRATs) established by his mother, and he holds a remainder interest therein. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F4 The reporting person is the manager of several limited liability companies that are wholly-owned by a GRAT remainder trust established for the reporting person's benefit.
F5 The reporting person is a co-trustee of a GRAT remainder trust established for his benefit.
F6 The reporting person is a co-trustee of his mother's revocable trust and is his mother's attorney-in-fact and also holds a remainder interest in the securities held in such trust. The reporting ownership of the reported securities except to the extent of his pecuniary interest therein.