=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-05
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: GARMIN LTD (GRMN)
CIK: 0001121788
--- Reporting Owner ---
Name: Boessen Douglas G.
CIK: 0001450652
Role: Officer (CFO and Treasurer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Registered Shares
Date: 2026-06-05 | Code: S (Open market sale)
Shares: -272 | Price: $236.59
Total Value: $64,353.13
Shares Owned After: 27,777 | Ownership: D (Direct)
Footnotes:
[F1] Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026.
[F2] This transaction was executed in multiple trades at prices ranging from $235.785 to $236.775. 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.
[F3] Includes 16,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
[Transaction #2]
Security: Registered Shares
Date: 2026-06-05 | Code: S (Open market sale)
Shares: -355 | Price: $237.31
Total Value: $84,243.38
Shares Owned After: 27,422 | Ownership: D (Direct)
Footnotes:
[F1] Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026.
[F4] This transaction was executed in multiple trades at prices ranging from $236.785 to $237.665. 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.
[F3] Includes 16,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
[Transaction #3]
Security: Registered Shares
Date: 2026-06-05 | Code: S (Open market sale)
Shares: -1,288 | Price: $238.28
Total Value: $306,908.63
Shares Owned After: 26,134 | Ownership: D (Direct)
Footnotes:
[F1] Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026.
[F5] This transaction was executed in multiple trades at prices ranging from $237.805 to $238.69. 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.
[F3] Includes 16,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
[Transaction #4]
Security: Registered Shares
Date: 2026-06-05 | Code: S (Open market sale)
Shares: -85 | Price: $238.91
Total Value: $20,306.98
Shares Owned After: 26,049 | Ownership: D (Direct)
Footnotes:
[F1] Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026.
[F6] This transaction was executed in multiple trades at prices ranging from $238.80 to $239.46. 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.
[F3] Includes 16,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
--- Footnotes (Complete Index) ---
F1: Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2026.
F2: This transaction was executed in multiple trades at prices ranging from $235.785 to $236.775. 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.
F3: Includes 16,021 unvested shares acquired pursuant to previously granted restricted stock unit awards.
F4: This transaction was executed in multiple trades at prices ranging from $236.785 to $237.665. 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.
F5: This transaction was executed in multiple trades at prices ranging from $237.805 to $238.69. 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.
F6: This transaction was executed in multiple trades at prices ranging from $238.80 to $239.46. 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.
--- Signature ---
/s/ /s/ Paul E. Cassat, as attorney-in-fact for Douglas G. Boessen (2026-06-08)
