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  4. [144] Palomar Holdings, Inc. SEC Filing

Planned 3,500-share PLMR sale by trust (NASDAQ: PLMR) follows prior 10b5-1 trades

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PLMR has a Form 144 filing indicating that ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 plans to sell up to 3,500 shares of common stock through Morgan Stanley Smith Barney LLC on or after July 21, 2026 on NASDAQ. The planned sale has an aggregate market value of $490,420.00, and the shares were acquired from the issuer on July 15, 2026 as restricted and performance stock units. The trust also reports prior Rule 10b5-1 sales of 3,500 shares for $400,361.50 on May 21, 2026 and 3,500 shares for $395,355.45 on June 22, 2026.

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Planned shares to be sold 3,500 shares Common stock sale planned on or after July 21, 2026
Aggregate market value of planned sale $490,420.00 Estimated value for 3,500 PLMR shares to be sold
Shares acquired from issuer 3,500 shares Restricted and performance stock units acquired on July 15, 2026
Prior sale 1 proceeds $400,361.50 3,500 PLMR shares sold on May 21, 2026 under Rule 10b5-1
Prior sale 2 proceeds $395,355.45 3,500 PLMR shares sold on June 22, 2026 under Rule 10b5-1
Planned sale marketplace NASDAQ Exchange where the 3,500 shares are expected to be sold
Form 144 regulatory
"PLMR has a Form 144 filing indicating that ARMSTRONG FAMILY TRUST"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted and Performance Stock Units financial
"acquired from the issuer on July 15, 2026 as restricted and performance stock units"
Rule 10b5-1 regulatory
"The trust also reports prior Rule 10b5-1 sales of 3,500 shares"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
10b5-1 trading plan regulatory
"both executed under a Rule 10b5-1 trading plan"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What does the PLMR Form 144 filing disclose?
The filing discloses that ARMSTRONG FAMILY TRUST intends to sell up to 3,500 PLMR common shares on or after July 21, 2026, with an aggregate market value of $490,420.00, using Morgan Stanley Smith Barney LLC as broker.

How many PLMR shares is the Armstrong Family Trust planning to sell?
The Armstrong Family Trust plans to sell up to 3,500 shares of PLMR common stock. These shares were acquired from the issuer as restricted and performance stock units on July 15, 2026 and are listed for sale on NASDAQ.

What prior PLMR share sales are reported for the Armstrong Family Trust?
The trust reports two prior sales of 3,500 PLMR shares each: one on May 21, 2026 for $400,361.50 and another on June 22, 2026 for $395,355.45, both executed under a Rule 10b5-1 trading plan.

What is the value of the planned PLMR share sale in this Form 144?
The planned sale of 3,500 PLMR shares has an aggregate market value of $490,420.00. This valuation is associated with the proposed sale date of July 21, 2026, with the shares to be sold on the NASDAQ market.

How were the PLMR shares in the planned sale originally acquired?
The 3,500 PLMR shares in the planned sale were acquired on July 15, 2026 from the issuer as Restricted and Performance Stock Units. The Form 144 characterizes the acquisition as issuer-granted equity rather than open-market purchases.

Is the Armstrong Family Trust using a trading plan for PLMR stock sales?
Yes. The filing notes that recent PLMR stock sales by the Armstrong Family Trust were 10b5-1 sales, meaning they were executed under a pre-established Rule 10b5-1 trading plan with specified instructions for trading.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR