Filings Radar

SEC 8-K and 6-K filings classified by Claude with reasoning, plus Form 4 insider transactions. Ingested from EDGAR’s filing stream in near-real time, reconciled overnight.

GARMIN LTD (GRMN)

CIK 0001121788 3 material events

Insider activity (SEC Form 4)

Open-market buys and sells only — the deliberate trades. Zero here doesn’t mean no filings: grants, option exercises and tax withholding (below) are compensation, not market trades.

Open-market · last 30 days: 0 buyers bought $0 1 seller sold $3.0M
Open-market · last 90 days: 0 buyers bought $0 4 sellers sold $4.8M
InsiderRoleDateTransactionSharesValue
BURRELL JONATHAN Director 2026-08-18 Gift 45600 $0
BURRELL JONATHAN Director 2026-08-18 Gift 393000 $0
BURRELL JONATHAN Director 2026-08-18 Gift 269400 $0
BURRELL JONATHAN Director 2026-08-18 Gift 89800 $0
BURRELL JONATHAN Director 2026-08-18 Gift 393000 $0
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 1390 $413K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 3102 $924K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 538 $161K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 1737 $521K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 2260 $680K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 281 $85K
Wang Cheng-Wei General Manager - Garmin Corp. 2026-08-18 Open-market sell 633 $192K
BURRELL JONATHAN Director 2026-08-17 Gift 41000 $0
BURRELL JONATHAN Director 2026-08-17 Gift 253600 $0
BURRELL JONATHAN Director 2026-08-17 Gift 253600 $0
BURRELL JONATHAN Director 2026-08-17 Gift 41000 $0
BURRELL JONATHAN Director 2026-08-10 Gift 90000 $0
BURRELL JONATHAN Director 2026-08-10 Gift 298000 $0
BURRELL JONATHAN Director 2026-08-10 Gift 298000 $0
BURRELL JONATHAN Director 2026-08-10 Gift 90000 $0
Most recent 20 reported transactions. Open-market buys (P) and sells (S) are the deliberate ones; grants and option exercises are compensation. Not investment advice.

Risk Radar (year-over-year Risk Factors)

← All Risk Radar

Fiscal period ending 2025-12-27 versus 2024-12-28view filing on EDGAR →

The auto OEM segment has crossed from prospective risk to realized, demonstrable unprofitability, while supply chain, trade/regulatory, and cybersecurity exposures all escalated concurrently. Regulatory risk is the broadest front of deterioration — trade restrictions now explicitly name Taiwan and China sourcing, third-party compliance failures create direct company liability, and operational impacts have been concretized. A 23% decline in unappropriated capital contribution reserves materially constrains dividend capacity, adding a capital-structure dimension to an otherwise operationally-driven risk deterioration; the sole offset is a narrow CFC tax-law easing.

3 company-specific · 5 common-mode

Company-specific changes

Revised

Risk escalated from prospective concern to realized problem: auto OEM segment now demonstrably unprofitable with revenue/gross profit insufficient to cover costs, materially adversely affecting results.

We have made and may continue making significant investments in the auto OEM segment, the associated cost of which may negatively impact total company profits. We have been awarded several tier-one…

Revised

New disclosure of actual/anticipated attacks causing increasing costs for personnel, technologies, training, and consultants. Escalates from general risk to quantified operational impact.

Losses or unauthorized access to or releases of proprietary or confidential information, including personal information, could result in significant reputational, financial, legal, and operational…

Revised

Unappropriated capital contribution reserves declined 23% ($833M) year-over-year, materially reducing dividend capacity before withholding tax triggers.

We have limited capital reserves from which to make distributions without subjecting our shareholders to Switzerland withholding tax. Under current Swiss law, distributions in excess of…

Also disclosed — common-mode (Tariffs trade policy ×2, Semiconductor supply chain constraints, Global tax reform pillar two, Export controls china restrictions)
Semiconductor supply chain constraints Revised

Language escalated from conditional "may" to affirmative "expect to" experience shortages; added explicit "supply chain disruptions" language; strengthened consequences to "materially adversely affect" business and operations.

We depend on third party suppliers and licensors, some of which are sole source, for technology and components used in our products. Our production and business would be seriously harmed if these…

Global tax reform pillar two Revised

New July 2025 tax legislation materially eases CFC attribution risk by restoring the 50% aggregate ownership threshold and narrowing 10% shareholder definition to voting power only.

Changes in our United States federal income tax classification, or that of our subsidiaries, could result in adverse tax consequences to our 10% or greater U.S. shareholders. U.S. shareholders that…

Tariffs trade policy Revised

Revised language emphasizes "rapidly evolving" trade environment, explicitly names Taiwan and China sourcing, and adds "our response to" trade restrictions as a new risk vector.

Changes to trade regulations, including trade restrictions, such as tariffs, duties, and sanctions could significantly harm our results of operations. The rapidly evolving international trade…

Tariffs trade policy Revised

Added specific operational impacts: cost increases, product/service limitations, design changes, supply chain modifications. Escalates from generic compliance risk to concrete business constraints.

As a business that operates worldwide, we are subject to complex and changing global laws and regulations, which exposes us to potential liabilities, increased costs and other adverse effects on our…

Export controls china restrictions Revised

Added third-party liability exposure: business partners' noncompliance now creates direct risk to company. Strengthened materiality language emphasizing potential adverse effects on business and operations.

Our business is subject to a variety of United States and international laws, regulations and other legal obligations regarding data privacy and protection. We collect, store, process, and use…

Material year-over-year changes to this company's Risk Factors (Item 1A), found by comparing each annual report to the prior year, judged for materiality, and classified as company-specific or common-mode against the cross-company catalog. Common-mode changes are the macro themes many companies disclose in common; they are collapsed above. A filing marked unchanged had no material change from the prior year; its summary describes the company's standing risks, which remain in force. Fiscal periods are the reporting period ends. Not investment advice.

Earnings release

8-K filed 2026-07-29 confidence 99% Item 2.02

This is a clear earnings release disclosing Garmin's financial results for the fiscal second quarter ended June 27, 2026. The filing explicitly states "Garmin Ltd. ("the Company") issued a press release announcing its financial results for the fiscal second quarter ended June 27, 2026" and includes detailed financial statements showing record consolidated revenue of $2.02 billion (11% increase), record operating income of $616 million (30% increase), and raised full-year 2026 guidance. The press release is attached as Exhibit 99.1 and contains comprehensive quarterly and year-to-date financial data across all business segments.

View raw filing on EDGAR →

Shareholder vote

8-K filed 2026-06-08 confidence 98% Item 5.07

Garmin held its annual general meeting on June 5, 2026, with shareholders voting on 14 proposals including approval of financial statements, director elections, executive compensation approvals, and auditor ratification. All matters were approved by shareholders.

View raw filing on EDGAR →

Other material

8-K filed 2026-06-08 confidence 72% Item 8.01

Shareholders approved a $4.20 per-share cash dividend to be paid from capital contribution reserves in four quarterly installments, with the first $1.05 installment payable on June 26, 2026. This material capital allocation decision was authorized at the annual meeting.

View raw filing on EDGAR →