Garmin (GRMN) VP Link sells 1,275 registered shares at $243 average

Rhea-AI Filing Summary

Garmin Ltd. executive Edward J. Link, Vice President of Information Technology, sold 1,275 registered shares in an open-market transaction on March 10, 2026 at a weighted average price of $243.6445 per share. The sale was executed in multiple trades at prices ranging from $243.105 to $243.89. Following this transaction, he directly holds 28,425 registered shares, including 4,820 unvested shares from previously granted restricted stock unit awards.

Insider Trade Summary

Net Seller: 1,275 shares ($310,647)

Net Sell 1 txn

Insider LINK EDWARD J.

Role VP, Information Technology

Sold 1,275 shs ($311K)

Type	Security	Shares	Price	Value
Sale	Registered Shares	1,275	$243.6445	$311K

Holdings After Transaction: Registered Shares — 28,425 shares (Direct)

Footnotes (1)

1. This transaction was executed in multiple trades at prices ranging from $243.105 to $243.89. 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. Includes 4,820 unvested shares acquired pursuant to previously granted restricted stock unit awards.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

LINK EDWARD J.

(Last) (First) (Middle)

1200 E 151ST ST

(Street)

OLATHE KS 66062

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GARMIN LTD [ GRMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Information Technology

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Registered Shares	03/10/2026		S		1,275	D	$243.6445(1)	28,425(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $243.105 to $243.89. 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.

2. Includes 4,820 unvested shares acquired pursuant to previously granted restricted stock unit awards.

	/s/ Paul E. Cassat, as attorney-in-fact for Edward J. Link	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Garmin (GRMN) report for Edward J. Link?

Garmin reported that Edward J. Link, Vice President of Information Technology, sold 1,275 registered shares in an open-market transaction. The sale occurred on March 10, 2026, and was executed across multiple trades within a narrow price range as disclosed in the filing.

How many Garmin shares did Edward J. Link sell and at what price?

Edward J. Link sold 1,275 registered Garmin shares at a weighted average price of $243.6445 per share. The filing notes the trades were executed between $243.105 and $243.89, with the weighted average reflecting all individual sale prices within that range.

How many Garmin shares does Edward J. Link hold after this Form 4 sale?

After the reported sale, Edward J. Link directly holds 28,425 registered Garmin shares. This total includes both vested and unvested holdings, as further detailed by the disclosure that a portion of his position consists of unvested restricted stock unit awards.

What does the Garmin Form 4 say about Edward J. Link’s unvested shares?

The Form 4 states that Edward J. Link’s holdings include 4,820 unvested shares acquired under previously granted restricted stock unit awards. These unvested shares are part of his total direct ownership of 28,425 registered shares following the reported open-market sale.

Were Edward J. Link’s Garmin share sales on March 10, 2026 made in a single trade?

No. The filing explains the transaction was executed in multiple trades on March 10, 2026, at prices ranging from $243.105 to $243.89 per share. The reported transaction price represents the weighted average sale price across all these individual trades.

What type of transaction code is reported for Edward J. Link’s Garmin share sale?

The sale is reported with transaction code “S,” which the filing describes as a sale in an open market or private transaction. The transaction is classified as a non-derivative event involving registered shares directly owned by Edward J. Link.