Form 4: Garmin Executive Danny J. Bartel Reports Share Transactions
SEC Form 4 Filing
Danny J. Bartel, VP of Global Consumer Sales at Garmin, reports the disposal of 954 registered shares to cover tax liabilities following the vesting of restricted stock units.
Summary
- On February 25, 2025, Danny J. Bartel, VP of Global Consumer Sales at Garmin Ltd, reported a transaction involving registered shares.
- Bartel disposed of 954 shares at a price of $226.04 to cover tax liabilities resulting from the vesting of restricted stock units.
- Following the transaction, Bartel directly owns 108,733 registered shares and indirectly owns 116,604 registered shares through a 401(k) plan.
- The report also mentions that Bartel holds 7,440 unvested shares acquired through previously granted restricted stock unit awards.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations from vested stock. It doesn't indicate any positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of the transaction involving the disposal of registered shares. |
| 02/27/2025 | Date of signature for the Form 4 filing. |
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