[Form 4] Garmin Ltd Insider Trading Activity
Garmin Ltd. director and Executive Chairman Min H. Kao reported a non鈥慸erivative disposition of 25,200 registered shares on 08/29/2025. The Form 4 shows the shares were disposed under code G and the explanation states the shares were gifted to a charitable organization. After this transaction, Mr. Kao is reported to beneficially own 11,950,619 shares indirectly through his children. The filing identifies Mr. Kao as both a director and an officer (Executive Chairman) and was submitted by a single reporting person.
Min H. Kao, direttore e Presidente Esecutivo di Garmin Ltd., ha segnalato una cessione non derivata di 25.200 azioni registrate in data 29/08/2025. Il Modulo 4 indica che le azioni sono state trasferite con codice G e la spiegazione riporta che sono state donate a un'organizzazione benefica. Dopo questa operazione, a Mr. Kao sono attribuite indirettamente 11.950.619 azioni tramite i suoi figli. La comunicazione identifica Mr. Kao sia come direttore sia come dirigente (Presidente Esecutivo) ed 猫 stata presentata da un unico soggetto segnalante.
Min H. Kao, director y presidente ejecutivo de Garmin Ltd., inform贸 una enajenaci贸n no derivada de 25.200 acciones registradas el 29/08/2025. El Formulario 4 indica que las acciones se dispusieron bajo el c贸digo G y la explicaci贸n se帽ala que fueron donadas a una organizaci贸n ben茅fica. Tras esta operaci贸n, se informa que el se帽or Kao posee indirectamente 11.950.619 acciones a trav茅s de sus hijos. El informe identifica al se帽or Kao como director y ejecutivo (presidente ejecutivo) y fue presentado por una sola persona informante.
Garmin Ltd.鞚� 鞚挫偓 瓴� 雽�響� 鞚橃灔(Executive Chairman)鞚� Min H. Kao臧� 2025-08-29鞐� 霌彪 欤检嫕 25,200欤茧ゼ 牍勴寣靸� 氚╈嫕鞙茧 觳橂秳頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. Form 4鞐愲姅 頃措嫻 欤检嫕鞚� 旖旊摐 G搿� 觳橂秳霅橃棃鞙茧┌, 靹る獏霝�鞐愲姅 鞛愳劆 雼泊鞐� 旮半秬霅橃棃雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞚� 瓯半灅 鞚错泟 Kao 鞌姅 鞛愲厐毳� 韱淀暣 11,950,619欤茧ゼ 臧勳爲鞝侅溂搿� 靻岇湢頃� 瓴冹溂搿� 氤搓碃霅╇媹雼�. 鞝滌稖靹滊電� Kao 鞌ゼ 鞚挫偓鞚挫瀽 鞛勳洂(雽�響� 鞚橃灔)鞙茧 鞁濍硠頃橁碃 鞛堨溂氅� 雼澕 氤搓碃鞚胳澊 鞝滌稖頄堨姷雼堧嫟.
Min H. Kao, administrateur et pr茅sident ex茅cutif de Garmin Ltd., a d茅clar茅 une cession non d茅riv茅e de 25 200 actions enregistr茅es le 29/08/2025. Le formulaire 4 indique que les actions ont 茅t茅 c茅d茅es sous le code G et la note explicative pr茅cise qu'elles ont 茅t茅 offertes 脿 une organisation caritative. Apr猫s cette op茅ration, M. Kao est d茅clar茅 propri茅taire b茅n茅ficiaire de 11 950 619 actions indirectement par l'interm茅diaire de ses enfants. Le d茅p么t identifie M. Kao 脿 la fois comme administrateur et dirigeant (pr茅sident ex茅cutif) et a 茅t茅 soumis par une seule personne d茅clarante.
Min H. Kao, Direktor und Executive Chairman von Garmin Ltd., meldete am 29.08.2025 eine nicht鈥慸erivative Ver盲u脽erung von 25.200 eingetragenen Aktien. In Formular 4 ist vermerkt, dass die Aktien unter Code G ver盲u脽ert wurden; die Erl盲uterung besagt, dass die Aktien einer gemeinn眉tzigen Organisation geschenkt wurden. Nach dieser Transaktion besitzt Herr Kao laut Bericht indirekt 11.950.619 Aktien 眉ber seine Kinder. Die Meldung f眉hrt Herrn Kao sowohl als Direktor als auch als leitenden Angestellten (Executive Chairman) auf und wurde von einer einzelnen meldenden Person eingereicht.
- Shares were gifted to charity, indicating a philanthropic transfer rather than a market sale
- Substantial indirect ownership remains with 11,950,619 shares reported beneficially owned via children
- None.
Insights
TL;DR: A charitable gift by the Executive Chairman reduced his registered holdings modestly and leaves large indirect ownership intact.
The reported 25,200鈥憇hare disposition is documented as a gift to charity under transaction code G, which typically indicates a non鈥慶ash, non鈥憇ale transfer with no proceeds to the reporting person. The remaining beneficial ownership of 11,950,619 shares is held indirectly via family, preserving significant control alignment with management. From a governance standpoint, this is routine and does not indicate a change in voting control or a sale-based liquidity event.
TL;DR: Transaction is immaterial to share count and appears non鈥憁arket, so investor impact is minimal.
The amount disposed represents a small fraction of the reported indirect holdings; the Form 4 lists no cash proceeds and classifies the transfer as a gift. Because the shares were not sold, market supply was not increased and no price signal was generated by insider selling. The disclosure is important for transparency but is unlikely to affect valuation or short鈥憈erm liquidity.
Min H. Kao, direttore e Presidente Esecutivo di Garmin Ltd., ha segnalato una cessione non derivata di 25.200 azioni registrate in data 29/08/2025. Il Modulo 4 indica che le azioni sono state trasferite con codice G e la spiegazione riporta che sono state donate a un'organizzazione benefica. Dopo questa operazione, a Mr. Kao sono attribuite indirettamente 11.950.619 azioni tramite i suoi figli. La comunicazione identifica Mr. Kao sia come direttore sia come dirigente (Presidente Esecutivo) ed 猫 stata presentata da un unico soggetto segnalante.
Min H. Kao, director y presidente ejecutivo de Garmin Ltd., inform贸 una enajenaci贸n no derivada de 25.200 acciones registradas el 29/08/2025. El Formulario 4 indica que las acciones se dispusieron bajo el c贸digo G y la explicaci贸n se帽ala que fueron donadas a una organizaci贸n ben茅fica. Tras esta operaci贸n, se informa que el se帽or Kao posee indirectamente 11.950.619 acciones a trav茅s de sus hijos. El informe identifica al se帽or Kao como director y ejecutivo (presidente ejecutivo) y fue presentado por una sola persona informante.
Garmin Ltd.鞚� 鞚挫偓 瓴� 雽�響� 鞚橃灔(Executive Chairman)鞚� Min H. Kao臧� 2025-08-29鞐� 霌彪 欤检嫕 25,200欤茧ゼ 牍勴寣靸� 氚╈嫕鞙茧 觳橂秳頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. Form 4鞐愲姅 頃措嫻 欤检嫕鞚� 旖旊摐 G搿� 觳橂秳霅橃棃鞙茧┌, 靹る獏霝�鞐愲姅 鞛愳劆 雼泊鞐� 旮半秬霅橃棃雼り碃 旮办灛霅橃柎 鞛堨姷雼堧嫟. 鞚� 瓯半灅 鞚错泟 Kao 鞌姅 鞛愲厐毳� 韱淀暣 11,950,619欤茧ゼ 臧勳爲鞝侅溂搿� 靻岇湢頃� 瓴冹溂搿� 氤搓碃霅╇媹雼�. 鞝滌稖靹滊電� Kao 鞌ゼ 鞚挫偓鞚挫瀽 鞛勳洂(雽�響� 鞚橃灔)鞙茧 鞁濍硠頃橁碃 鞛堨溂氅� 雼澕 氤搓碃鞚胳澊 鞝滌稖頄堨姷雼堧嫟.
Min H. Kao, administrateur et pr茅sident ex茅cutif de Garmin Ltd., a d茅clar茅 une cession non d茅riv茅e de 25 200 actions enregistr茅es le 29/08/2025. Le formulaire 4 indique que les actions ont 茅t茅 c茅d茅es sous le code G et la note explicative pr茅cise qu'elles ont 茅t茅 offertes 脿 une organisation caritative. Apr猫s cette op茅ration, M. Kao est d茅clar茅 propri茅taire b茅n茅ficiaire de 11 950 619 actions indirectement par l'interm茅diaire de ses enfants. Le d茅p么t identifie M. Kao 脿 la fois comme administrateur et dirigeant (pr茅sident ex茅cutif) et a 茅t茅 soumis par une seule personne d茅clarante.
Min H. Kao, Direktor und Executive Chairman von Garmin Ltd., meldete am 29.08.2025 eine nicht鈥慸erivative Ver盲u脽erung von 25.200 eingetragenen Aktien. In Formular 4 ist vermerkt, dass die Aktien unter Code G ver盲u脽ert wurden; die Erl盲uterung besagt, dass die Aktien einer gemeinn眉tzigen Organisation geschenkt wurden. Nach dieser Transaktion besitzt Herr Kao laut Bericht indirekt 11.950.619 Aktien 眉ber seine Kinder. Die Meldung f眉hrt Herrn Kao sowohl als Direktor als auch als leitenden Angestellten (Executive Chairman) auf und wurde von einer einzelnen meldenden Person eingereicht.
FAQ
What shares did Min H. Kao transfer according to the Form 4 for GRMN?
Why were the 25,200 Garmin (GRMN) shares disposed of by the reporting person?
How many Garmin (GRMN) shares does Min H. Kao beneficially own after the transaction?
Does the Form 4 indicate a sale that could affect Garmin (GRMN) market supply?
What positions does Min H. Kao hold at Garmin as noted on the Form 4?
