Insider trade

CEO sold ~$813K of GRMN shares in the open market

Traded Dec 16, 2025 · Filed Dec 18, 2025

GarminGRMN

~$813K
Reported value · 3,933 sh @ $206.6129: 135K
Holds after · shares reported: +36.4%
stock since the trade · S&P 500 +12.5%, $207.04 → $282.46 on Oct 1

Why it stands out

The boss of Garmin sold $813K 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: Dec 16, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 18, 2025

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$812,609

Shares × reported transaction price

Timing vs results

48 days after results of Oct 29, 2025, 64 days before results of Feb 18, 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 $207.04 on Dec 16, 2025, 19% above its 52-week low and 20% below its high, after a 2% drop over the previous 30 trading days

52-week range $173.63 (Apr 8, 2025) to $259.77 (Oct 8, 2025), 39% of the way up, from 250 adjusted closes. 30 trading days earlier: $210.54 on Nov 3, 2025. 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	+1.6%	+2.0%	-0.4%
30 days	-0.7%	+0.2%	-0.9%
90 days	+14.5%	-2.2%	+16.8%
180 days	+16.2%	+10.9%	+5.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-25-323226
Filed / recorded: Dec 18, 2025, 12:00 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: Clifton A Pemble
Relationship: Director, Officer
Officer title: President and CEO
Security: Registered Shares
Table: Non-derivative (Table I)
Transaction date: Dec 16, 2025
Transaction code: S
Shares / units: 3,933
Price per share: $206.6129
Acquired / disposed: Disposed (D)
Shares owned after: 135,180
Ownership form: Direct
Amendment: No

Footnotes from the filing

Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2025.
This transaction was executed in multiple trades at prices ranging from $206.345 to $207.15. 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 70,583 unvested shares acquired pursuant to the December 15, 2025 restricted stock unit award and previously granted restricted stock unit awards.

Around the same time

Officer sold ~$460K of Garmin

Scheduled in advance9mo ago

Officer sold ~$314K of Garmin

Scheduled in advance9mo ago

10mo ago

581Shares · @ $207.23

Routine share withholding; mechanical by default.

Why it stands out Official record