This transaction was executed in multiple trades at prices ranging from $289.15 to $289.17. 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 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
MAXFIELD JOSHUA H
VP, General Counsel·Direct
Sell · Dispose
Registered Shares
Shares-438
Price$291.32
Total Value$127.6K
Shares Owned After15.48K
Transaction DateJul 31, 2026
Footnotes ▸
This transaction was executed in multiple trades at prices ranging from $290.87 to $291.66. 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 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
MAXFIELD JOSHUA H
VP, General Counsel·Direct
Sell · Dispose
Registered Shares
Shares-442
Price$292.17
Total Value$129.1K
Shares Owned After15.04K
Transaction DateJul 31, 2026
Footnotes ▸
This transaction was executed in multiple trades at prices ranging from $291.88 to $292.31. 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 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
MAXFIELD JOSHUA H
VP, General Counsel·Indirect · By 401(k) Plan
Registered Shares
Shares0
Price-
Total Value$0
Shares Owned After534.59
Post-Transaction Holdings
MAXFIELD JOSHUA H
Security
Shares
Change
Registered Shares
16.46K
-1.15K (-6.54%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-07-31
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: GARMIN LTD (GRMN)
CIK: 0001121788
--- Reporting Owner ---
Name: MAXFIELD JOSHUA H
CIK: 0002027497
Role: Officer (VP, General Counsel)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Registered Shares
Date: 2026-07-31 | Code: S (Open market sale)
Shares: -272 | Price: $289.15
Total Value: $78,649.21
Shares Owned After: 15,922 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was executed in multiple trades at prices ranging from $289.15 to $289.17. 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.
[F2] Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
[Transaction #2]
Security: Registered Shares
Date: 2026-07-31 | Code: S (Open market sale)
Shares: -438 | Price: $291.32
Total Value: $127,598.90
Shares Owned After: 15,484 | Ownership: D (Direct)
Footnotes:
[F3] This transaction was executed in multiple trades at prices ranging from $290.87 to $291.66. 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.
[F2] Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
[Transaction #3]
Security: Registered Shares
Date: 2026-07-31 | Code: S (Open market sale)
Shares: -442 | Price: $292.17
Total Value: $129,137.24
Shares Owned After: 15,042 | Ownership: D (Direct)
Footnotes:
[F4] This transaction was executed in multiple trades at prices ranging from $291.88 to $292.31. 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.
[F2] Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
--- Holdings ---
[Holding #1]
Security: Registered Shares
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: This transaction was executed in multiple trades at prices ranging from $289.15 to $289.17. 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.
F2: Includes 6,355 unvested shares acquired pursuant to previously granted restricted stock unit awards and 73 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
F3: This transaction was executed in multiple trades at prices ranging from $290.87 to $291.66. 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.
F4: This transaction was executed in multiple trades at prices ranging from $291.88 to $292.31. 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 Joshua H. Maxfield (2026-07-31)