PLMR insider notice: 612 shares to be sold via Morgan Stanley, de minimis vs. 26.78M shares

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) submitted a Form 144 disclosing a proposed sale of 612 shares of common stock through Morgan Stanley Smith Barney LLC on the NASDAQ with an aggregate market value of $74,444. The filing shows 26,777,198 shares outstanding, placing this proposed sale at a de minimis percentage of the float.

The securities to be sold were recorded as acquired on 08/18/2025 as restricted stock (amount acquired: 1,020 shares) with the nature of payment listed as compensation. The filing also discloses a recent sale of 521 shares by Jon Christianson on 05/18/2025 for $82,855. The notice includes the seller's representation that no undisclosed material adverse information exists.

Insights

Securities Analyst

TL;DR: Small, routine insider sale; immaterial to market capitalization but useful transparency for investors.

The Form 144 reports a proposed sale of 612 Palomar common shares valued at $74,444, executed via a major broker on NASDAQ. Relative to 26.78 million shares outstanding, this position is negligible and unlikely to affect valuation or liquidity. The securities were recorded as restricted stock acquired and listed for sale on 08/18/2025, with payment characterized as compensation, which may reflect routine equity awards and subsequent disposition by the holder. Disclosure of a prior sale of 521 shares on 05/18/2025 for $82,855 provides additional trading context.

Corporate Governance Expert

TL;DR: Compliance-focused filing showing typical insider disposition; no governance red flags in the disclosure itself.

The notice follows Rule 144 procedures and names a recognized broker, which supports procedural compliance. The filer affirms no undisclosed material adverse information, a standard attestation. The close timing between acquisition as restricted stock and proposed sale is recorded explicitly in the form; however, the small size of the transaction versus total outstanding shares suggests this is not a governance event of material consequence. The filing enhances transparency about insider equity movements.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 38th Floor New York NY 10004	612	74444	26777198	08/18/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/18/2025	Restricted Stock	Issuer			1020	08/18/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Jon Christianson 7979 Ivanhoe Avenue Suite 500 La Jolla CA 92037	Common	05/18/2025	521	82855

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Palomar (PLMR) Form 144 disclose about the proposed sale?

The Form 144 discloses a proposed sale of 612 shares of common stock via Morgan Stanley Smith Barney LLC on NASDAQ with an aggregate market value of $74,444.

When were the securities being sold acquired and what was their nature?

The securities are shown as acquired on 08/18/2025 as restricted stock, with 1,020 shares acquired and the nature of payment listed as compensation.

How large is the proposed sale relative to Palomar's outstanding shares (PLMR)?

The filing lists 26,777,198 shares outstanding; the proposed sale of 612 shares represents a de minimis portion of that total.

Did the filer sell shares of Palomar in the past three months?

Yes. The filing records that Jon Christianson sold 521 shares on 05/18/2025 for $82,855.

Who is the broker handling the proposed sale in the Form 144?

The broker named in the filing is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 38th Floor, New York, NY 10004.