Garmin Ltd.
Jonathan Burrell (Director) reports GRMN insider transactions
AI-generated summary
Director Jonathan Burrell gave 270,000 shares as a gift in four separate transactions on November 9, 2026. Following these transactions, he indirectly held 826,043 Registered Shares by trust.
Key facts
- Insider
- Jonathan Burrell · Director
| Date | Transaction | Shares | Price | Value | Held after | Ownership |
|---|---|---|---|---|---|---|
| Nov 9, 2026 | G · giftFootnotes F2 | −69,000 | $0.00 | $0.00 | 1,887,700 | Indirect (By GRATs) |
| Nov 9, 2026 | G · giftFootnotes F3 | −66,000 | $0.00 | $0.00 | 3,877,752 | Indirect (By GRATs) |
| Nov 9, 2026 | G · giftFootnotes F6 | +66,000 | $0.00 | $0.00 | 224,600 | Indirect (By trust) |
| Nov 9, 2026 | G · gift | +69,000 | $0.00 | $0.00 | 826,043 | Indirect (By trust) |
Footnotes
- F1 Consists of (a) 9,136 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 753 shares on June 5, 2027.
- 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 interests therein.
- F3 The reporting person is a co-trustee of several 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 his mother's attorney-in-fact and also holds a remainder interest in the securities held in such trust. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
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Not investment advice. Summaries can contain errors; the SEC filing is the official record.