Garmin Ltd.: Burrell trust adopts Rule 10b5-1 stock disposition plans
Garmin Ltd.: Burrell trust adopts Rule 10b5-1 stock disposition plans Garmin Ltd. (Nasdaq: GRMN) today announced that a trust, of which Jonathan Burrell, son of the company's co-founder and a director of Garmin Ltd., is a co-trustee, has established a pre-arranged trading plan to sell a portion of the trust's shares in the company over a designated period. The plan was adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public in...
Source: finanznachrichten.de