[Form 4/A] Garmin Ltd Amended Insider Trading Activity
Garmin Ltd (GRMN) insider amendment reports a small gift of shares and clarifies holdings. The reporting person, an executive and managing director in aviation, disposed of 440 registered shares as a gift to a charitable organization, and after the transaction beneficial ownership is listed as 96,694.5 shares. The disclosure clarifies that this total includes 21,549 unvested shares acquired under previously granted restricted stock units. The amendment was filed solely to add the omitted footnote explaining the unvested RSUs; no other transactions or derivative positions are reported.
Garmin Ltd (GRMN) comunica una modifica di un insider: piccolo dono di azioni e chiarimento sulle partecipazioni. La persona che ha presentato la comunicazione, un dirigente e amministratore nel settore aviazione, ha ceduto in dono 440 azioni registrate a un'organizzazione benefica; dopo la transazione la propriet脿 effettiva 猫 indicata in 96.694,5 azioni. La disclosure specifica che questo totale include 21.549 azioni non ancora maturate acquisite tramite precedenti unit脿 di azioni vincolate (RSU). L'emendamento 猫 stato presentato esclusivamente per aggiungere la nota mancante che spiega le RSU non maturate; non sono riportate altre transazioni o posizioni in derivati.
Garmin Ltd (GRMN) presenta una enmienda de insider: peque帽o regalo de acciones y aclaraci贸n de participaciones. La persona informante, un ejecutivo y director en aviaci贸n, don贸 440 acciones registradas a una organizaci贸n ben茅fica; tras la operaci贸n la tenencia beneficiaria figura como 96.694,5 acciones. La comunicaci贸n aclara que este total incluye 21.549 acciones no consolidadas adquiridas mediante unidades de acciones restringidas (RSU) otorgadas anteriormente. La enmienda se present贸 煤nicamente para a帽adir la nota omitida que explica las RSU no consolidadas; no se informan otras transacciones ni posiciones en derivados.
Garmin Ltd (GRMN) 雮措秬鞛� 靾橃爼氤搓碃: 靻岇暋 欤检嫕 旮半秬 氚� 氤挫湢 雮挫棴 氇呿檿頇�. 鞁犼碃鞚胳潃 頃车 攵�氍� 鞛勳洂 瓴� 靸侂搿滌劀 鞛愳劆雼泊鞐� 霌彪欤检嫕 440欤�毳� 靹犽搿� 觳橂秳頄堨溂氅�, 瓯半灅 頉� 鞁れ唽鞙� 欤检嫕鞚� 96,694.5欤�搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 瓿奠嫓電� 鞚� 齑濌硠鞐� 鞚挫爠鞐� 攵�鞐悳 鞝滍暅攵�欤检嫕雼渼(RSU)搿� 旆摑頃� 21,549欤检潣 氙疙檿鞝�(氙鸽矤鞀ろ寘) 欤检嫕鞚� 韽暔霅橃柎 鞛堨潓鞚� 氇呿檿頌� 頃╇媹雼�. 鞚措矆 靾橃爼氤搓碃電� 氙戈赴鞛悳 欤检劃(氙疙檿鞝� RSU 靹る獏)鞚� 於旉皜頃橁赴 鞙勴暣靹滊 鞝滌稖霅橃棃鞙茧┌, 雼るジ 瓯半灅雮� 韺岇儩靸來拡 韽靺橃潃 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Garmin Ltd (GRMN) : amendement d'initi茅 鈥� petit don d'actions et clarification des avoirs. La personne d茅clarante, un dirigeant et administrateur dans l'aviation, a c茅d茅 en don 440 actions enregistr茅es 脿 une organisation caritative ; apr猫s la transaction, la d茅tention b茅n茅ficiaire est indiqu茅e 脿 96 694,5 actions. La divulgation pr茅cise que ce total comprend 21 549 actions non acquises obtenues au titre d'unit茅s d'actions restreintes (RSU) attribu茅es pr茅c茅demment. L'amendement a 茅t茅 d茅pos茅 uniquement pour ajouter la note omise expliquant les RSU non acquises ; aucune autre transaction ni position en d茅riv茅s n'est d茅clar茅e.
Garmin Ltd (GRMN) Insider-Nachtrag: kleine Schenkung von Aktien und Klarstellung der Best盲nde. Die meldende Person, ein Manager und Gesch盲ftsleiter im Luftfahrtbereich, hat 440 eingetragene Aktien als Geschenk an eine wohlt盲tige Organisation 眉bertragen; nach der Transaktion betr盲gt das wirtschaftliche Eigentum 96.694,5 Aktien. Die Offenlegung stellt klar, dass diese Summe 21.549 nicht unverfallene Aktien umfasst, die im Rahmen zuvor gew盲hrter Restricted Stock Units (RSUs) erworben wurden. Die Nachreichung wurde ausschlie脽lich vorgenommen, um die fehlende Fu脽note zu den unverfallenen RSUs hinzuzuf眉gen; keine weiteren Transaktionen oder Derivatepositionen werden gemeldet.
- Amendment improves disclosure by adding an omitted footnote clarifying the composition of beneficial ownership
- Transparency about unvested RSUs: reporting that 21,549 shares are unvested restricted stock units clarifies which shares are subject to vesting
- None.
Insights
TL;DR: Minor share gift reduced direct holdings; amendment improves disclosure accuracy without material impact.
The 440-share disposition as a charitable gift is immaterial relative to total reported beneficial ownership of 96,694.5 shares and the 21,549 unvested restricted stock units. The amendment corrects an omitted footnote identifying unvested RSUs, which enhances transparency about what portion of the holding is subject to vesting conditions. No options, conversions, or additional sales/purchases are reported, so there is no immediate change to voting power or cash position from this filing.
TL;DR: Amendment addresses disclosure completeness; governance implications are limited.
Restating beneficial ownership to include previously omitted unvested RSUs reduces ambiguity about the executive's immediate economic and voting interest. The charitable gift is a routine, non-compensatory disposition and does not reflect a change in control or a material shift in alignment with shareholders. The corrected Form 4/A demonstrates adherence to reporting obligations and improves the accuracy of public records.
Garmin Ltd (GRMN) comunica una modifica di un insider: piccolo dono di azioni e chiarimento sulle partecipazioni. La persona che ha presentato la comunicazione, un dirigente e amministratore nel settore aviazione, ha ceduto in dono 440 azioni registrate a un'organizzazione benefica; dopo la transazione la propriet脿 effettiva 猫 indicata in 96.694,5 azioni. La disclosure specifica che questo totale include 21.549 azioni non ancora maturate acquisite tramite precedenti unit脿 di azioni vincolate (RSU). L'emendamento 猫 stato presentato esclusivamente per aggiungere la nota mancante che spiega le RSU non maturate; non sono riportate altre transazioni o posizioni in derivati.
Garmin Ltd (GRMN) presenta una enmienda de insider: peque帽o regalo de acciones y aclaraci贸n de participaciones. La persona informante, un ejecutivo y director en aviaci贸n, don贸 440 acciones registradas a una organizaci贸n ben茅fica; tras la operaci贸n la tenencia beneficiaria figura como 96.694,5 acciones. La comunicaci贸n aclara que este total incluye 21.549 acciones no consolidadas adquiridas mediante unidades de acciones restringidas (RSU) otorgadas anteriormente. La enmienda se present贸 煤nicamente para a帽adir la nota omitida que explica las RSU no consolidadas; no se informan otras transacciones ni posiciones en derivados.
Garmin Ltd (GRMN) 雮措秬鞛� 靾橃爼氤搓碃: 靻岇暋 欤检嫕 旮半秬 氚� 氤挫湢 雮挫棴 氇呿檿頇�. 鞁犼碃鞚胳潃 頃车 攵�氍� 鞛勳洂 瓴� 靸侂搿滌劀 鞛愳劆雼泊鞐� 霌彪欤检嫕 440欤�毳� 靹犽搿� 觳橂秳頄堨溂氅�, 瓯半灅 頉� 鞁れ唽鞙� 欤检嫕鞚� 96,694.5欤�搿� 旮办灛霅橃柎 鞛堨姷雼堧嫟. 瓿奠嫓電� 鞚� 齑濌硠鞐� 鞚挫爠鞐� 攵�鞐悳 鞝滍暅攵�欤检嫕雼渼(RSU)搿� 旆摑頃� 21,549欤检潣 氙疙檿鞝�(氙鸽矤鞀ろ寘) 欤检嫕鞚� 韽暔霅橃柎 鞛堨潓鞚� 氇呿檿頌� 頃╇媹雼�. 鞚措矆 靾橃爼氤搓碃電� 氙戈赴鞛悳 欤检劃(氙疙檿鞝� RSU 靹る獏)鞚� 於旉皜頃橁赴 鞙勴暣靹滊 鞝滌稖霅橃棃鞙茧┌, 雼るジ 瓯半灅雮� 韺岇儩靸來拡 韽靺橃潃 氤搓碃霅橃 鞎婌晿鞀惦媹雼�.
Garmin Ltd (GRMN) : amendement d'initi茅 鈥� petit don d'actions et clarification des avoirs. La personne d茅clarante, un dirigeant et administrateur dans l'aviation, a c茅d茅 en don 440 actions enregistr茅es 脿 une organisation caritative ; apr猫s la transaction, la d茅tention b茅n茅ficiaire est indiqu茅e 脿 96 694,5 actions. La divulgation pr茅cise que ce total comprend 21 549 actions non acquises obtenues au titre d'unit茅s d'actions restreintes (RSU) attribu茅es pr茅c茅demment. L'amendement a 茅t茅 d茅pos茅 uniquement pour ajouter la note omise expliquant les RSU non acquises ; aucune autre transaction ni position en d茅riv茅s n'est d茅clar茅e.
Garmin Ltd (GRMN) Insider-Nachtrag: kleine Schenkung von Aktien und Klarstellung der Best盲nde. Die meldende Person, ein Manager und Gesch盲ftsleiter im Luftfahrtbereich, hat 440 eingetragene Aktien als Geschenk an eine wohlt盲tige Organisation 眉bertragen; nach der Transaktion betr盲gt das wirtschaftliche Eigentum 96.694,5 Aktien. Die Offenlegung stellt klar, dass diese Summe 21.549 nicht unverfallene Aktien umfasst, die im Rahmen zuvor gew盲hrter Restricted Stock Units (RSUs) erworben wurden. Die Nachreichung wurde ausschlie脽lich vorgenommen, um die fehlende Fu脽note zu den unverfallenen RSUs hinzuzuf眉gen; keine weiteren Transaktionen oder Derivatepositionen werden gemeldet.
FAQ
What transaction did the Garmin (GRMN) reporting person disclose?
How many shares does the reporting person beneficially own after the reported transaction?
Does the filing show any unvested restricted stock units for the reporting person?
Was this filing a correction or an original disclosure?
Are there any derivative securities or option transactions reported?
