Insider trade

Officer sold ~$238K of GRMN shares in the open market

Traded May 8, 2026 · Filed May 9, 2026

GarminGRMN

~$238K
Reported value · 984 sh @ $241.9779: 3,885
Holds after · shares reported: +17.6%
stock since the trade · S&P 500 +3.6%, $240.09 → $282.46 on Oct 1

Why it stands out

Garmin's VP, Human Resources sold $238K of Garmin shares. It happened by itself, for taxes or pay.

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: May 8, 2026
Reporting period: Not applicable
Filed with the SEC: May 9, 2026

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$238,106

Shares × reported transaction price

Timing vs results

9 days after results of Apr 29, 2026, 82 days before results of Jul 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 $240.09 on May 8, 2026, 28% above its 52-week low and 10% below its high, after a 2% rise over the previous 30 trading days

52-week range $187.10 (Nov 20, 2025) to $267.52 (Apr 20, 2026), 66% of the way up, from 251 adjusted closes. 30 trading days earlier: $236.07 on Mar 26, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-6.4%	-0.1%	-6.3%
30 days	-4.4%	-1.9%	-2.5%
90 days	+29.2%	+4.6%	+24.6%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-215308
Filed / recorded: May 9, 2026, 1:55 AM 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: Laurie A Minard
Relationship: Officer
Officer title: VP, Human Resources
Security: Registered Shares
Table: Non-derivative (Table I)
Transaction date: May 8, 2026
Transaction code: S
Shares / units: 984
Price per share: $241.9779
Acquired / disposed: Disposed (D)
Shares owned after: 3,885
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was executed in multiple trades at prices ranging from $241.47 to $242.42. 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 3,785 unvested shares acquired pursuant to previously granted restricted stock unit awards.