SEC Form 4 · accession 0001014108-26-000033
GARMIN LTD · GRMN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Burrell
Director
Period of report
Jun 5, 2026
Accepted (ET)
Jun 8, 2026 · 5:56 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001121788
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Registered SharesF1,F2 | Jun 5, 2026 | A | 753 | $0.00 | A | 10,104 | D | |
| Registered SharesF3,F4 | Jun 6, 2026 | F | 215 | $236.57 | D | 9,889 | D | |
| Registered SharesF5 | holding | — | — | — | 1,733,300 | I | By GRATs | |
| Registered SharesF6 | holding | — | — | — | 4,591,752 | I | By GRATs | |
| Registered SharesF7 | holding | — | — | — | 394,478 | I | By LLCs | |
| Registered SharesF8 | holding | — | — | — | 1,592,300 | I | By trust | |
| Registered Shares | holding | — | — | — | 1,034,043 | I | By trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired pursuant to a grant of restricted stock units under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan. The award vests on June 5, 2027.
- F2Includes the 753 unvested shares acquired pursuant to the grant of restricted stock units described in Footnote 1 and 858 unvested shares acquired pursuant to a previously granted restricted stock unit award.
- F3858 shares that were acquired pursuant to an award of restricted stock units on June 6, 2025 and were released to the reporting person. Of these 858 shares, 215 shares were withheld to pay a resulting tax liability.
- F4Includes the 753 unvested shares acquired pursuant to the grant of restricted stock units described in Footnote 1.
- F5The 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 interests therein.
- F6The 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.
- F7The 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.
- F8The reporting person is a co-trustee of a GRAT remainder trust established for his benefit.