GRMN · NYSE

Garmin

Consumer Electronics · Schaffhausen, Switzerland · founded 1989

Board members
6
CEO
Clifton A. Pemble
Insider buys, 12 mo
$0
Insider sales, 12 mo
$19.9M

Board of directors (6)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Min H. Kao
Executive Chairmansince Feb 2017
Clifton A. Pemble
President and CEOsince Nov 2016
Joseph J. Hartnett
Directorsince Jun 2016
Jonathan Burrell
Director, 10% ownersince Jun 2018
Catherine A. Lewis
Directorsince Jun 2019
Susan M. Ball
Directorsince Jun 2024

Executive officers (13)

Clifton A. Pemble
President and CEOsince Aug 2016
Douglas G. Boessen
CFO and Treasurersince Dec 2016
Philip Straub
EVP, Man. Director - Aviationsince Aug 2016
Sean Biddlecombe
Managing Director, EMEAsince Aug 2016
Patrick Desbois
co-COOsince Dec 2016
Min H. Kao
Executive Chairmansince Feb 2017
Cheng-Wei Wang
General Manager - Garmin Corp.since Jan 2019
Matthew Munn
EVP, Man. Director - Auto OEMsince Feb 2020
Laurie A. Minard
VP, Human Resourcessince Feb 2024
Susan Lyman
VP, Consumer Sales & Marketingsince Feb 2024
Joshua H. Maxfield
VP, General Counselsince Jul 2024
Bradley C. Trenkle
co-COOsince Jul 2024
Edward J. Link
VP, Information Technologysince Feb 2025

Company facts

Chair
Min H. Kao
In S&P 500 since
Dec 2012
Incorporated in
V8
Fiscal year ends
December
SEC industry
Search, Detection, Navigation, Guidance, Aeronautical Sys
SEC filings
EDGAR

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$19.9M
43 trades · 11 insiders
Net, 12 mo
-$19.9M
Data through
Aug 18, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale3,102$297.84$924K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale633$303.36$192K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale1,737$300.14$521K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale2,260$301.01$680K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale281$301.62$85K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale1,390$296.92$413K
Aug 18, 2026Cheng-Wei Wang
General Manager - Garmin Corp.
Sale538$299.17$161K
Jul 31, 2026Sean Biddlecombe
Managing Director, EMEA
Sale986$292.88$289K
Jul 31, 2026Joshua H. Maxfield
VP, General Counsel
Sale272$289.15$79K
Jul 31, 2026Joshua H. Maxfield
VP, General Counsel
Sale438$291.32$128K
Jul 31, 2026Joshua H. Maxfield
VP, General Counsel
Sale442$292.17$129K
Jul 29, 2026Clifton A. Pemble
President and CEO
Sale4,029$300.00$1.2M
Jun 9, 2026Joseph J. Hartnett
Director
Sale643$263.57$169K
Jun 5, 2026Douglas G. Boessen
CFO and Treasurer
Sale272$236.59$64K
Jun 5, 2026Douglas G. Boessen
CFO and Treasurer
Sale85$238.91$20K
Jun 5, 2026Douglas G. Boessen
CFO and Treasurer
Sale1,288$238.28$307K
Jun 5, 2026Douglas G. Boessen
CFO and Treasurer
Sale355$237.31$84K
May 8, 2026Laurie A. Minard
VP, Human Resources
Sale984$241.98$238K
May 8, 2026Laurie A. Minard
VP, Human Resources
Sale100$242.59$24K
Mar 10, 2026Edward J. Link
VP, Information Technology
Sale1,275$243.64$311K
Feb 26, 2026Clifton A. Pemble
President and CEO
Sale10,448$252.01$2.6M
Feb 26, 2026Clifton A. Pemble
President and CEO
Sale434$249.29$108K
Feb 26, 2026Clifton A. Pemble
President and CEO
Sale8,286$251.06$2.1M
Feb 26, 2026Clifton A. Pemble
President and CEO
Sale746$252.71$189K
Feb 26, 2026Matthew Munn
EVP, Man. Director - Auto OEM
Sale600$251.52$151K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Jun 24, 2024

    On June 24, 2024, Garmin Ltd. (the “Company” or “Garmin”) announced that Patrick G. Desbois, age 56, and Bradley C. Trenkle, age 44, have been appointed as co-Chief Operating Officers of the Company, effective July 1, 2024. Mr. Desbois has served as Executive Vice President, Operations of Garmin International, Inc. (“Garmin International”), a principal subsidiary of the Company, since February 2017. He joined Garmin in November 2011 as Vice President, Executive Office. Mr. Trenkle has served as Vice President, Outdoor Segment of the Company since 2017. He joined Garmin as a Software Engineer in 2002, and he held various leadership positions at the Company, including Senior Director Outdoor Business Segment, before being promoted to Vice President, Outdoor Segment in 2017. Mr. Trenkle also serves as a director and officer of various Garmin subsidiaries.

    Read the 8-K filing
  2. Jun 11, 2024

    (e) Effective as of June 7, 2024, Garmin Ltd. ("Garmin") amended and restated the Garmin Ltd. 2005 Equity Incentive Plan (the "Plan"), primarily to increase the number of shares authorized under the Plan from 13,000,000 shares to 18,000,000 shares and to increase the maximum number of shares that may be delivered as restricted shares or pursuant to performance units or restricted stock units from 12,000,000 shares to 17,000,000 shares. A copy of the Plan, as amended and restated, is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and the foregoing summary of the Plan is qualified in its entirety by reference to such exhibit.

    Read the 8-K filing
  3. Apr 8, 2024

    On April 2, 2024, Andrew R. Etkind informed the Garmin Ltd. Board of Directors of his intention to step down from the role of General Counsel effective July 1, 2024. After July 1, 2024, Mr. Etkind will continue to serve as Vice President and Secretary for Garmin Ltd., with Joshua H. Maxfield assuming the role of Vice President, General Counsel and Assistant Secretary. 1

    Read the 8-K filing
  4. Jun 12, 2023

    (e) Effective as of June 9, 2023, Garmin Ltd. (“Garmin”) amended and restated the Garmin Ltd. Employee Stock Purchase Plan (the “ESPP”) to increase the number of shares authorized for issuance under the ESPP from 8,000,000 to 10,000,000. A copy of the ESPP, as amended and restated, is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and the foregoing summary of the ESPP is qualified in its entirety by reference to such exhibit. Effective as of June 9, 2023, Garmin also amended and restated the Garmin Ltd. 2011 Non-Employee Directors’ Equity Incentive Plan (the “2011 Plan”) to increase the number of shares authorized under the 2011 Plan from 122,592 to 150,000.

    Read the 8-K filing
  5. Jun 13, 2022

    (e) Effective as of June 10, 2022, Garmin Ltd. (“Garmin”) amended and restated the Garmin Ltd. 2005 Equity Incentive Plan (the “Equity Incentive Plan”) to increase the number of shares authorized for issuance under the Plan that may be delivered as Restricted Shares or pursuant to Performance Units or Restricted Stock Units from 10,000,000 to 12,000,000. A copy of the Equity Incentive Plan, as amended and restated, is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and the foregoing summary of the Equity Incentive Plan is qualified in its entirety by reference to such exhibit.

    Read the 8-K filing
  6. Jun 10, 2019

    (e) Effective as of June 7, 2019, Garmin Ltd. (“Garmin”) amended and restated the Garmin Ltd. 2005 Equity Incentive Plan (the “Equity Incentive Plan”) to increase the number of shares authorized for issuance under the Plan that may be delivered as Restricted Shares or pursuant to Performance Units or Restricted Stock Units from 6,000,000 to 10,000,000. A copy of the Equity Incentive Plan, as amended and restated, is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and the foregoing summary of the Equity Incentive Plan is qualified in its entirety by reference to such exhibit. Effective as of June 7, 2019, Garmin Ltd. (“Garmin”) amended and restated the Garmin Ltd.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$285.57+751% since 2016 board/officer change filed
47.0017229620172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$7.2B$1.7B23.0%$8.59$11.0B
FY2024$6.3B$1.4B22.4%$7.30$9.6B
FY2023$5.2B$1.3B24.7%$6.71$8.6B
FY2022$4.9B$973.6M20.0%$5.04$7.7B
FY2021$5.0B$1.1B21.7%$5.61$7.9B
FY2020$4.2B$992.3M23.7%$5.17$7.0B
FY2019$3.8B$952.5M25.3%$4.99$6.2B
FY2018$3.3B$694.1M20.7%$3.66$5.4B

Former directors and officers (7)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Danny J. Bartel
VP, Global Consumer SalesAug 2016 – Feb 2025
Charles Peffer
DirectorJun 2016 – Jun 2024
Andrew R. Etkind
VP, General Counsel, SecretaryAug 2016 – Feb 2024
Pao-Chang Huang
General Manager - Garmin Corp.May 2016 – Dec 2018
Donald Eller
DirectorJun 2016 – Jun 2018
Rebecca R. Tilden
DirectorJun 2016 – Jun 2018
Thomas Poberezny
DirectorJun 2016 – Jun 2016
Garmin (GRMN) board, executives and insiders | USBoard