<SEC-DOCUMENT>0001014108-25-000014.txt : 20250117
<SEC-HEADER>0001014108-25-000014.hdr.sgml : 20250117
<ACCEPTANCE-DATETIME>20250117175003
ACCESSION NUMBER:		0001014108-25-000014
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250117

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GARMIN LTD
		CENTRAL INDEX KEY:			0001121788
		STANDARD INDUSTRIAL CLASSIFICATION:	SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				980229227
		STATE OF INCORPORATION:			V8
		FISCAL YEAR END:			1228

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60391
		FILM NUMBER:		25539807

	BUSINESS ADDRESS:	
		STREET 1:		MUHLENTALSTRASSE 2
		CITY:			SCHAFFHAUSEN
		STATE:			V8
		ZIP:			CH-8200
		BUSINESS PHONE:		41 52 630 1600

	MAIL ADDRESS:	
		STREET 1:		MUHLENTALSTRASSE 2
		CITY:			SCHAFFHAUSEN
		STATE:			V8
		ZIP:			CH-8200

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BURRELL JONATHAN
		CENTRAL INDEX KEY:			0001134084
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G/A

	MAIL ADDRESS:	
		STREET 1:		6300 WEST 143RD STREET
		CITY:			OVERLAND PARK
		STATE:			KS
		ZIP:			66223
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G/A</submissionType>
<previousAccessionNumber>0001144204-08-001976</previousAccessionNumber>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001134084</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>



</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<amendmentNo>89</amendmentNo>
<securitiesClassTitle>Registered Shares</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>12/31/2024</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001121788</issuerCik>
<issuerName>Garmin Ltd.</issuerName>
<issuerCusip>H2906T109</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>Muhlentalstrasse 2</com:street1>
<com:city>Schaffhausen</com:city>
<com:stateOrCountry>V8</com:stateOrCountry>
<com:zipCode>8200</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Jonathan Burrell</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>X1</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>16849400</soleVotingPower>
<sharedVotingPower>910350</sharedVotingPower>
<soleDispositivePower>16849400</soleDispositivePower>
<sharedDispositivePower>910350</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>17759750</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>8.77</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Garmin Ltd.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>Muhlentalstrasse 2, Schaffhausen, Switzerland, 8200</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Jonathan Burrell</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>P.O. Box 507, Stilwell, KS 66085</principalBusinessOfficeOrResidenceAddress>
<citizenship>USA</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>17,759,750&#13;
&#13;
9,149,049 of the 17,759,750 Registered Shares reported are held in several Charitable Lead Annuity Trusts, over which Registered Shares the reporting person has the sole voting and dispositive power.&#13;
&#13;
7,037,597 of the 17,759,750 Registered Shares reported are held in several Grantor Retained Annuity Trusts established by the reporting person's mother, over which Registered Shares the reporting person has the sole voting and dispositive power.&#13;
&#13;
9,300 of the 17,759,750 Registered Shares reported are held in the reporting person's revocable trust, over which Registered Shares the reporting person has the sole voting and dispositive power.&#13;
&#13;
910,350 of the 17,759,750 Registered Shares reported are held in a GRAT remainder trust established for the reporting person's benefit, over which Registered Shares the reporting person shares voting and dispositive power with a third party co-trustee.&#13;
&#13;
394,478 of the 17,759,750 Registered Shares reported are held in one or more limited liability companies that are wholly-owned by a GRAT remainder trust established for the reporting person's benefit, over which Registered Shares the reporting person has the sole voting and dispositive power.&#13;
&#13;
251,300 of the 17,759,750 Registered Shares reported are held in several Grantor Retained Annuity Trusts established by the reporting person, over which Registered Shares the reporting person has the sole voting and dispositive power.&#13;
&#13;
7,676 of the 17,759,750 Registered Shares reported are owned by the reporting person directly, and may include restricted stock units ("RSUs") awarded to the reporting person under the Garmin Ltd. Non-Employee Directors' Equity Incentive Plan that can be settled only in Registered Shares (to the extent that such RSUs have vested or, within 60 days of the date of this Statement, will vest).</amountBeneficiallyOwned>
<classPercent>8.77</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>16,849,400</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>910,350</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>16,849,400</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>910,350</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>9,149,049 of the 17,759,750 Registered Shares reported are held in several charitable lead annuity trusts, over which Registered Shares the reporting person has the sole voting and dispositive power.  These trusts exist to provide annuity payments to charity during the applicable 8-, 12-, 15-, 20- and 25-year annuity periods of the respective trusts, and thereafter will be for the benefit of the descendants of the reporting person's parents.&#13;
&#13;
7,037,597 of the 17,759,750 Registered Shares reported are held in several grantor retained annuity trusts established by the reporting person's mother, over which Registered Shares the reporting person has the sole voting and dispositive power.  The grantor retained annuity trusts are for the benefit of the reporting person's mother during the two-year annuity period of the trusts, with any amounts remaining after distribution to the reporting person's mother being distributable to several remainder trusts for the benefit of certain descendants of the reporting person's parents.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.&#13;
&#13;
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Jonathan Burrell</reportingPersonName>
<signatureDetails>
<signature>/s/ Jonathan Burrell</signature>
<title>Jonathan Burrell</title>
<date>01/17/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
