Insider trade

Officer sold ~$812K of GRMN shares in the open market

Traded Feb 26, 2026 · Filed Feb 27, 2026

GarminGRMN

~$812K
Reported value · 3,220 sh @ $252.0318: 59K
Holds after · shares reported: +11.1%
stock since the trade · S&P 500 +10.8%, $254.16 → $282.46 on Oct 1

Why it stands out

Garmin's co-COO sold $812K of Garmin shares. It was planned long ago, so it says very little.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Feb 26, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 27, 2026

Officer$500K–$1MPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$811,542

Shares × reported transaction price

Timing vs results

8 days after results of Feb 18, 2026, 62 days before results of Apr 29, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $254.16 on Feb 26, 2026, within 3% of its 52-week high, after a 19% rise over the previous 30 trading days

52-week range $173.63 (Apr 8, 2025) to $259.77 (Oct 8, 2025), 93% of the way up, from 251 adjusted closes. 30 trading days earlier: $213.91 on Jan 13, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-4.9%	-1.2%	-3.7%
30 days	-6.9%	-4.5%	-2.4%
90 days	-7.2%	+10.5%	-17.7%
180 days	+11.3%	+11.8%	-0.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-083370
Filed / recorded: Feb 27, 2026, 11:00 PM UTC
Added to OQRO: Oct 2, 2026, 12:27 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: GARMIN LTD
Issuer CIK: 1121788
Ticker: GRMN
Reporting person: Patrick Desbois
Relationship: Officer
Officer title: co-COO
Security: Registered Shares
Table: Non-derivative (Table I)
Transaction date: Feb 26, 2026
Transaction code: S
Shares / units: 3,220
Price per share: $252.0318
Acquired / disposed: Disposed (D)
Shares owned after: 58,904
Ownership form: Direct
Amendment: No

Footnotes from the filing

Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 1, 2025.
This transaction was executed in multiple trades at prices ranging from $251.65 to $252.52. 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 21,087 unvested shares acquired pursuant to previously granted restricted stock unit awards.

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