Wang Cheng-Wei, General Manager of Garmin Corp. and an officer of Garmin Ltd. (NYSE:GRMN), filed a Form 4 on August 20, 2026, reporting the direct sale of registered shares across seven separate transactions on August 18, 2026.
Key Highlights
- Seven sale transactions: Wang Cheng-Wei disposed of registered shares in seven separate trades on August 18, 2026, all coded "S" for open-market sales.
- Shares sold per transaction: The seven dispositions involved 1,390, 3,102, 538, 1,737, 2,260, 281, and 633 shares, respectively.
- Weighted average prices: Each transaction's reported price is a weighted average of multiple intraday trades, per the filing's footnotes, ranging from $296.9192 to $303.3609 across the seven tranches.
- Post-transaction ownership: Following the final reported sale of 633 shares, Wang Cheng-Wei held 29,506 registered shares directly, according to the filing.
- Included unvested and ESPP shares: The beneficial ownership figures include 5,182 unvested shares from previously granted restricted stock unit awards and 56 shares acquired in June 2026 under the Garmin Ltd. Employee Stock Purchase Plan.
- Price detail available on request: The filing states that Wang Cheng-Wei "undertakes to provide upon request to the SEC staff, Garmin Ltd. or a security holder of Garmin Ltd. full information regarding the number of shares sold at each separate price within the range."
Transaction Details for Garmin Officer Wang Cheng-Wei on August 18, 2026
According to the filing, Wang Cheng-Wei, identified as General Manager of Garmin Corp. and an officer of Garmin Ltd., disposed of registered shares in seven separate sell transactions on August 18, 2026. Each transaction was executed in multiple trades at varying intraday prices, and each reported price represents the weighted average sale price for that tranche, as stated in the filing's footnotes.
The seven transactions and their respective weighted average prices, as reported, are: 1,390 shares at $296.9192 (intraday range $296.50 to $297.49); 3,102 shares at $297.8375 (range $297.50 to $298.45); 538 shares at $299.1691 (range $298.55 to $299.49); 1,737 shares at $300.1418 (range $299.55 to $300.52); 2,260 shares at $301.0139 (range $300.58 to $301.36); 281 shares at $301.6177 (range $301.58 to $301.79); and 633 shares at $303.3609 (range $303.34 to $303.44). All shares are described as registered shares held directly.
After the final transaction, the filing reports Wang Cheng-Wei's direct beneficial ownership at 29,506 registered shares. The filing notes that this figure includes 5,182 unvested shares acquired under previously granted restricted stock unit awards and 56 shares acquired in June 2026 through the Garmin Ltd. Employee Stock Purchase Plan. No derivative securities transactions were reported. Garmin Ltd. is a global navigation and fitness technology company whose shares trade on the NYSE.
What Was Disclosed
Wang Cheng-Wei, an officer of Garmin Ltd. serving as General Manager of Garmin Corp., reported seven open-market sales of registered shares on August 18, 2026, totaling dispositions across the seven tranches listed above, with direct ownership standing at 29,506 shares after the last reported transaction.



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