Key facts
- Garmin Ltd. filed a Form 144 on June 5.
- Form 144 is used for the proposed sale of restricted or control securities.
- The filing indicates an intent to sell, not a completed sale.
Garmin Ltd. has filed a Form 144, with the filing date indicated as June 5. Form 144 filings are made with the U.S. Securities and Exchange Commission (SEC) and relate to the proposed sale of restricted or control securities by an affiliate or insider of the issuer. These filings are typically made when an insider plans to sell a significant amount of stock. A Form 144 filing indicates an intent to sell, not a completed sale, and the actual sale may not occur or may differ from the stated intent.