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AI brief of an SEC Form 8-K · Garmin (GRMN)

Garmin shareholders approve $3.00 per share dividend and larger equity plan

Neutral Impact 2 of 5 shareholder Written later

At its June 7, 2024 annual general meeting, Garmin shareholders approved a $3.00 per share cash dividend, payable in four equal installments, and re-elected and elected board members. They also approved an amended equity incentive plan that raises the authorized shares from 13,000,000 to 18,000,000. The votes were routine governance matters, and the company set the first $0.75 dividend payment for June 28, 2024.

Key points

  • Dividend: $3.00 per share in four $0.75 installments; first payment June 28, 2024 to holders of record June 17, 2024
  • Equity Incentive Plan: authorized shares increased from 13,000,000 to 18,000,000; approved with 139,018,656 votes for and 2,802,679 against
  • Board: Min H. Kao re-elected as Executive Chairman with 133,249,669 votes for and 8,603,652 against
  • Remaining installments expected September 27, December 27, 2024 and March 28, 2025

The filing

CompanyGarmin (GRMN)
Form8-K, current report
Filed with the SECJun 11, 2024, 11:57 AM ET
Accession number0000950170-24-071684

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 11, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.