Armstrong sells PLMR shares under Rule 144 (NASDAQ: PLMR)

Rhea-AI Filing Summary

Armstrong Family Trust and Mac Armstrong reported multiple Rule 144 sales of Common Stock. The filing lists restricted stock units of 3,500 with an issuer date of 01/27/2026 and documents open‑market 10b5‑1 sales on 01/15/2026, 01/21/2026, 01/28/2026, 01/29/2026, 01/31/2026, and 02/12/2026

The entries show specific quantities and proceeds for each transaction (for example, 5,000 shares sold on 02/12/2026 for $612,997.50 and 11,484 shares sold on 01/28/2026 for $1,376,701.92), indicating affiliate sales executed under trading instructions. The broker listed is Morgan Stanley Smith Barney LLC.

Insights

Securities Compliance Analyst

Multiple Rule 144 dispositions were reported by related parties under 10b5‑1 plans.

The filing lists a 3,500 restricted stock unit entry dated 01/27/2026 and multiple 10b5‑1 sales across January–February 2026, with per‑trade proceeds recorded in the filing. These entries document affiliate sales rather than an issuer primary offering.

Cash‑flow treatment is the sellers' proceeds; the broker is Morgan Stanley Smith Barney LLC. Subsequent filings may show additional dispositions or confirmations of withholding/exercise treatment.

Corporate Governance Specialist

Sales were executed by an affiliated trust and an individual, consistent with prearranged plans.

The record lists 10b5‑1 sales for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 and transactions attributed to MAC ARMSTRONG, with dates and gross proceeds shown per trade. The pattern and the 10b5‑1 label indicate preplanned dispositions.

These are disclosure items required for affiliate transactions; they do not alter company capital structure in the filing itself. Further filings would be needed to assess aggregate insider holdings.

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

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 8th Floor New York NY 10004	3500	409150.00	26689745	03/23/2026	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	01/27/2026	Restricted Stock Units	Issuer			3500	01/27/2026	N/A

* 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
10b5-1 Sales for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	02/12/2026	5000	612997.50
MAC ARMSTRONG 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	01/31/2026	2205	268444.86
MAC ARMSTRONG 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	01/29/2026	5399	658909.77
MAC ARMSTRONG 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	01/28/2026	11484	1376701.92
10b5-1 Sales for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	01/21/2026	5000	644984.00
MAC ARMSTRONG 7979 Ivanhoe Avenue, Suite 500 La Jolla CA 92037	Common	01/15/2026	2310	300300.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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)