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Palomar (PLMR) insider Mac Armstrong plans Rule 144 sale of 5,000 shares

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

Rhea-AI Filing Summary

Palomar Holdings insider Mac Armstrong has filed a notice to sell 5,000 shares of common stock through Morgan Stanley Smith Barney on or around 02/12/2026, with the shares listed on NASDAQ. The filing shows 26,501,692 common shares outstanding at the time the notice was prepared.

The 5,000 shares to be sold were recently acquired as restricted stock units, including 2,061 units and 2,939 units that vested on 01/31/2026 and 01/29/2026. Over the past three months, Armstrong and the Armstrong Family Trust have already sold multiple blocks of Palomar common stock, such as 11,484 shares on 01/28/2026 for about $1.38 million and 5,000 shares on 01/21/2026 under a Rule 10b5-1 plan.

Positive

  • None.

Negative

  • None.

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

FAQ

What does the Form 144 filing for PLMR disclose?

The Form 144 discloses that Mac Armstrong plans to sell 5,000 Palomar Holdings common shares on NASDAQ. It also details recent sales over the prior three months, including several sizable transactions by Armstrong and the Armstrong Family Trust.

How many Palomar (PLMR) shares is Mac Armstrong planning to sell?

Mac Armstrong plans to sell 5,000 shares of Palomar common stock under Rule 144. These shares were recently acquired through vesting restricted stock units in late January 2026 and will be sold through Morgan Stanley Smith Barney.

How many Palomar (PLMR) shares are shown as outstanding in the notice?

The notice lists 26,501,692 common shares outstanding for Palomar Holdings. This figure provides context for the planned 5,000-share sale, indicating that the proposed transaction represents a small fraction of the company’s total common equity base.

What recent Palomar (PLMR) share sales has Mac Armstrong reported?

Recent activity includes several sales by Mac Armstrong, such as 11,484 shares on 01/28/2026 for about $1.38 million. Additional sales were made on 01/31/2026, 01/29/2026, and 01/15/2026, plus separate 10b5-1 sales for the Armstrong Family Trust.

What are the Armstrong Family Trust 10b5-1 sales of PLMR shares?

The Armstrong Family Trust executed 10b5-1 plan sales of 5,000 Palomar shares on 01/21/2026, 12/22/2025, and 11/21/2025. Gross proceeds for these transactions ranged from roughly $614,000 to $681,000 per 5,000-share block.

How were the PLMR shares to be sold by Mac Armstrong acquired?

The 5,000 Palomar shares to be sold were acquired via restricted stock units. RSUs vesting on 01/31/2026 (2,061 units) and 01/29/2026 (2,939 units) converted into common shares, which are now eligible for sale under Rule 144.
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