Form 4: Garmin Director Jonathan Burrell Reports Stock Transfers and Holdings
SEC Form 4 Filing
Director Jonathan Burrell reports transactions involving Garmin Ltd. shares, including transfers to and from trusts and adjustments in beneficial ownership.
Summary
- Jonathan Burrell, a director of Garmin Ltd., filed a Form 4 detailing changes in his beneficial ownership of company stock.
- The report includes transactions on May 5, 2025, involving the transfer of shares.
- Burrell's holdings include direct ownership of registered shares and indirect ownership through various trusts, including GRATs, CLATs, LLCs, and other trusts.
- He disclaims beneficial ownership of shares held in trusts except to the extent of his pecuniary interest.
- The report also mentions unvested restricted stock units (RSUs) that will vest on June 7, 2025.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports transactions and holdings without expressing any positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions and holdings. It allows investors to monitor the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | Date of stock transactions. |
| 06/07/2025 | Vesting date for 1,090 restricted stock units (RSUs). |
| 05/07/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, beneficial ownership, GRMN, Garmin Ltd, Jonathan Burrell, director, stock, shares, trusts, GRATs, CLATs, LLCs, RSUs
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