GARMIN LTD (GRMN) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-15 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: GARMIN LTD (GRMN) CIK: 0001121788 --- Reporting Owner --- Name: BURRELL JONATHAN CIK: 0001134084 Role: Director --- Non-Derivative Transactions --- [Transaction #1] Security: Registered Shares Date: 2026-05-15 | Code: G (Gift) Shares: -88,000 | Price: $0.00 Shares Owned After: 4,409,752 | Ownership: I (Indirect) | Nature: By GRATs Footnotes: [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. [Transaction #2] Security: Registered Shares Date: 2026-05-15 | Code: G (Gift) Shares: +88,000 | Price: $0.00 Shares Owned After: 182,000 | Ownership: I (Indirect) | Nature: By trust Footnotes: [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. [Transaction #3] Security: Registered Shares Date: 2026-05-18 | Code: G (Gift) Shares: +182,000 | Price: $0.00 Shares Owned After: 4,591,752 | Ownership: I (Indirect) | Nature: By GRATs Footnotes: [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. [Transaction #4] Security: Registered Shares Date: 2026-05-18 | Code: G (Gift) Shares: -182,000 | Price: $0.00 Shares Owned After: 0 | Ownership: I (Indirect) | Nature: By trust Footnotes: [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. --- Holdings --- [Holding #1] Security: Registered Shares Ownership: D (Direct) Footnotes: [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. [Holding #2] Security: Registered Shares Ownership: I (Indirect) Footnotes: [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. [Holding #3] Security: Registered Shares Ownership: I (Indirect) Footnotes: [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. [Holding #4] Security: Registered Shares Ownership: I (Indirect) Footnotes: [F5] The reporting person is a co-trustee of a GRAT remainder trust established for his benefit. [Holding #5] Security: Registered Shares Ownership: I (Indirect) --- Footnotes (Complete Index) --- 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 interests 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 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. --- Signature --- /s/ /s/Jonathan Burrell (2026-05-18)