[144] Palomar Holdings, Inc. Common stock SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Palomar Holdings (PLMR) reports a proposed sale of common stock. The notice lists 918 shares to be sold through Morgan Stanley Smith Barney with an aggregate market value of $111,666. The securities were recorded as restricted stock acquired and paid as compensation on 08/18/2025, and the filing identifies the seller activity tied to Chris Uchida via 10b5-1 plans.
The filing also discloses prior sales by the same account in the past three months: 500, 500, 500, and 782 shares on listed dates, producing gross proceeds of $355,141.46 in aggregate. The filing shows 26,777,198 shares outstanding for the issuer and names Nasdaq as the exchange for the proposed sale. The notice includes the required representation that the seller is unaware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale reported under Rule 144 and 10b5-1; transaction size appears immaterial relative to total shares outstanding.
The filing documents a proposed sale of 918 common shares with an aggregate market value of $111,666, routed through Morgan Stanley Smith Barney. Recent 10b5-1 activity by the same account shows 2,282 shares sold in the prior three months for combined gross proceeds of $355,141.46. From an investor-impact perspective, these amounts are modest relative to the reported 26,777,198 shares outstanding, and the disclosure is consistent with routine insider liquidity under preplanned trading arrangements. Impact rating: 0 (Neutral).
TL;DR: Filing signals compliance with Rule 144 and 10b5-1 procedures; no disclosed material non-public information.
The notice identifies the securities as restricted stock acquired as compensation and includes the seller's attestation of no undisclosed material adverse information. Multiple entries reference a 10b5-1 sales plan for Chris Uchida, indicating prearranged sales rather than opportunistic trades. This pattern aligns with standard insider liquidity and corporate disclosure practices; the filing itself raises governance transparency points but not immediate material concerns. Impact rating: 0 (Neutral).