Form 4: Garmin VP, General Counsel Joshua H. Maxfield Reports Gift of Shares and Holdings
SEC Form 4 Filing
Joshua H. Maxfield, VP and General Counsel of Garmin Ltd, reported a gift of shares to a charitable organization and holdings including unvested shares and shares in a 401(k) plan.
Summary
- On November 4, 2024, Joshua H. Maxfield, VP and General Counsel of Garmin Ltd, reported a transaction.
- Maxfield gifted 7 registered shares to a charitable organization.
- Following the transaction, Maxfield directly owns 10,042 registered shares, which includes 5,046 unvested shares acquired through restricted stock unit awards.
- Maxfield also indirectly owns 519.95 registered shares through a 401(k) plan, including 2.25 shares acquired via a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of the share transaction (gift to charity) |
| 11/06/2024 | Date of signature for the report |
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