Palomar Holdings SEC Filings

Palomar Holdings, Inc. (PLMR)11/18/2025. The filing shows that 612 restricted stock units (RSUs) were converted into common shares at an exercise price of $0.00, reflecting a scheduled vesting from a prior grant.

On the same date, 281 shares of common stock were sold at $128.84 per share, described as an automatic sell-to-cover transaction to satisfy minimum statutory tax withholding obligations tied to the RSU vesting. After these transactions, the reporting person beneficially owns 21,565 shares, including 1,386 shares acquired through Palomar’s 2019 Employee Stock Purchase Plan.

The activity relates to an original RSU grant of 12,238 units made on 11/18/2021, which vests in scheduled annual tranches and then in quarterly installments, subject to continued service with the company.

Palomar Holdings, Inc. (PLMR)November 18, 2025, 1,530 RSUs were converted into common stock at an exercise price of $0.00. Of these shares, 782 were automatically sold by the company at $128.84 per share under a mandatory sell-to-cover provision to satisfy minimum tax withholding obligations triggered by the vesting.

After these transactions, the reporting person directly owns 7,916 shares of common stock and 6,120 RSUs. The filing clarifies that the original grant of 30,594 RSUs vests as 6,118 units on each of the first three anniversaries of the grant date, with 1,530 units vesting quarterly following the third anniversary, updating prior vesting terms that were stated erroneously.

Palomar Holdings, Inc. (PLMR)11/18/2025, 1,020 shares of common stock were acquired at $0.00 upon the vesting and settlement of restricted stock units (an "M" code transaction). On the same date, 522 shares were sold at $128.84 in a transaction marked "S", which the notes explain was an automatic sell-to-cover to satisfy minimum statutory tax withholding tied to the RSU vesting event. After these transactions, the reporting person beneficially owned 59,631 shares of Palomar common stock directly, including 2,410 shares purchased through the company’s 2019 Employee Stock Purchase Plan. The filing also shows 4,080 restricted stock units remaining, from an original grant of 20,396 RSUs made on 11/18/2021, which vest over several years based on continued service.

Palomar Holdings, Inc. (PLMR) CEO and Chairman reported a charitable transfer of company stock. On 11/14/2025, common shares of Palomar were transferred as a bona fide charitable gift from the Armstrong Family Trust, where the reporting person serves as trustee, with no financial or other consideration received. The transaction is reported with code "G", which denotes a gift, for 4,000 shares of common stock at a reported price of $0.00 per share.

Following this gift, the reporting person directly holds 76,374 shares of Palomar common stock and indirectly holds 363,388 shares through the Armstrong Family Trust. The direct holdings include 2,652 shares acquired under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan, showing ongoing participation in the company’s equity programs.

Palomar Holdings (PLMR) reported strong Q3 2025 results. Total revenues were $244.7 million, up from $148.5 million a year ago, as net earned premiums rose to $225.1 million. Net income increased to $51.5 million from $30.5 million, and diluted EPS reached $1.87 versus $1.15 last year.

Gross written premiums were $597.2 million (Casualty 25.5%, Earthquake 25.1%, Crop 20.1%, Inland Marine/Other Property 19.7%, Fronting 9.6%). For the nine months, operating cash flow was $291.7 million. Stockholders’ equity rose to $878.1 million from $729.0 million, with AOCI improving to ($4.1) million from ($26.8) million.

The company repurchased 308,417 shares for $37.3 million under a $150 million authorization; $112.7 million remains. Palomar closed the acquisitions of FIA and AAP earlier in 2025 and agreed to acquire The Gray Casualty & Surety Company for approximately $300 million, expected to close in the first half of 2026.

Palomar Holdings (PLMR) furnished an 8-K announcing financial results for the fiscal quarter ended September 30, 2025. The results are included in a press release attached as Exhibit 99.1.

The Item 2.02 information, including Exhibit 99.1, is furnished and not deemed “filed” under the Exchange Act. The company’s common stock trades on the Nasdaq under the symbol PLMR.

Palomar Holdings (PLMR) announced that its wholly owned subsidiary entered an equity purchase agreement to acquire The Gray Casualty & Surety Company for $300 million, subject to customary adjustments.

Closing is conditioned on HSR approval, required regulatory approvals, and customary closing conditions. The agreement includes termination rights and an outside date of March 27, 2026, which may be extended to May 27, 2026 under specified terms. The company also furnished a press release regarding the agreement.

Palomar Holdings (PLMR) insider activity: The CEO and Chairman reported open‑market sales of common stock on 10/21/2025. Reported sales were 63 shares at a weighted average price of $113.1000, 2,037 shares at a weighted average price of $114.9364, and 2,900 shares at a weighted average price of $115.6152.

Following these transactions, 367,388 shares were beneficially owned indirectly by the Armstrong Family Trust. Separately, 76,374 shares were held directly; this direct amount includes 2,652 shares purchased under the 2019 Employee Stock Purchase Plan.

Palomar Holdings (PLMR) CEO and Chairman reported insider activity on 10/15/2025. The filing shows a vesting-related conversion of 6,250 shares from restricted stock units (RSUs) at $0.00, followed by an automatic sale of 3,218 shares at a weighted average price of $116.1042 to cover minimum statutory tax withholding, per the award’s sell-to-cover provision.

The footnotes state the original RSU grant was 125,000 shares (granted 7/15/2021) with annual tranches and quarterly vesting after year three. The filing also notes that holdings include 2,652 shares acquired under the company’s 2019 ESPP. Following these transactions, the report lists 18,750 RSUs remaining beneficially owned.