Garmin Ltd. reported an insider ownership change by Min H. Kao, a company insider, involving the company’s Registered Shares. The transaction occurred on June 11, 2026, and was reported on a Form 4 filed June 12, 2026. The filing states that Kao gifted Garmin shares to a charitable organization. The explanatory note says: “Shares gifted to a charitable organization.” Because the transaction is described as a gift rather than an open-market sale, it does not indicate that Kao sold shares for cash or received a market price for the securities. In Form 4 reporting, charitable gifts are typically reported as non-sale dispositions; the document text provided does not show a transaction price. The filing does not provide, in the available text, the number of Garmin Registered Shares gifted, the transaction code, the direct or indirect ownership classification, or Kao’s remaining beneficial ownership after the transfer. Those details are normally included in the transaction table of a complete Form 4, but they are not visible in the supplied filing excerpt. The report was signed on Kao’s behalf by Paul E. Cassat, acting as attorney-in-fact, on June 12, 2026. The key substance of the filing is that Kao reduced his reported beneficial ownership of Garmin Registered Shares through a charitable gift on June 11, 2026, rather than through a market sale.