Insider trade

Officer sold ~$314K of GRMN shares in the open market

Traded Jan 7, 2026 · Filed Jan 10, 2026

GarminGRMN

~$314K
Reported value · 1,488 sh @ $211.00: 62K
Holds after · shares reported: +35.5%
stock since the trade · S&P 500 +12.4%, $210.68 → $285.52 on Oct 5

Why it stands out

Garmin's co-COO sold $314K 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: Jan 7, 2026
Reporting period: Not applicable
Filed with the SEC: Jan 10, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$313,968

Shares × reported transaction price

Timing vs results

70 days after results of Oct 29, 2025, 42 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 $210.68 on Jan 7, 2026, 21% above its 52-week low and 19% below its high, after a 10% rise over the previous 30 trading days

52-week range $173.63 (Apr 8, 2025) to $259.77 (Oct 8, 2025), 43% of the way up, from 250 adjusted closes. 30 trading days earlier: $192.23 on Nov 21, 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	−5.1%	−2.5%	−2.6%
30 days	−2.3%	−0.5%	−1.9%
90 days	+23.7%	−1.3%	+25.0%
180 days	+15.2%	+7.8%	+7.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-009242
Filed / recorded: Jan 10, 2026, 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: Patrick Desbois
Relationship: Officer
Officer title: co-COO
Security: Registered Shares
Table: Non-derivative (Table I)
Transaction date: Jan 7, 2026
Transaction code: S
Shares / units: 1,488
Price per share: $211.00
Acquired / disposed: Disposed (D)
Shares owned after: 61,798
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.
Includes 24,345 unvested shares acquired pursuant to previously granted restricted stock unit awards.

Around the same time

Officer sold ~$460K of Garmin

Scheduled in advance9mo ago

581Shares · @ $207.23

10mo ago

Routine share withholding; mechanical by default.

More Official record

999Shares

10mo ago

Compensation award — excluded from discretionary-purchase analysis.

More Official record