STOCK TITAN

Palomar trust plans $476K stock sale in notice

A family trust associated with Palomar Holdings, Inc. has filed a Rule 144 notice to sell 3,500 shares of PLMR common stock, alongside disclosure of recent insider-related sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) is the issuer of common stock that the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 plans to sell under Rule 144. The notice covers 3,500 shares of common stock held for the trust’s account, to be sold through Morgan Stanley Smith Barney LLC.

The filing also lists recent sales of Palomar common stock during the prior three months by the trust and by David M. Armstrong, including several planned 10b5-1 sales.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 3,500 shares Common stock in the new Rule 144 notice for ARMSTRONG FAMILY TRUST
Proposed aggregate dollar amount $476,000.00 Securities information for the 3,500 shares in the Rule 144 filing
10b5-1 sale on August 21, 2026 3,500 shares; $457,111.20 Common stock sold for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011
10b5-1 sale on July 21, 2026 3,500 shares; $480,424.35 Common stock sold for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011
Sale by David M. Armstrong on July 15, 2026 60,741 shares; $7,997,160.06 Common stock sold during the past three months section
10b5-1 sale on June 22, 2026 3,500 shares; $395,355.45 Common stock sold for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 regulatory
"10b5-1 Sales for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Performance Stock Units financial
"Common | 07/15/2026 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Palomar Holdings, Inc. (PLMR)?

It discloses that the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 plans to sell 3,500 shares of Palomar Holdings, Inc. common stock under Rule 144, with Morgan Stanley Smith Barney LLC as the broker, and lists several related sales made in the prior three months.

How many PLMR shares are proposed to be sold in this new Rule 144 notice?

The notice covers a proposed sale of 3,500 shares of Palomar Holdings, Inc. common stock for the account of the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011, to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the aggregate value associated with the 3,500 PLMR shares in the Form 144?

For the planned Rule 144 sale of 3,500 shares of Palomar Holdings, Inc. common stock, the form lists an aggregate dollar amount of $476,000.00 in the securities information section.

What PLMR shares were sold in the past three months by the Armstrong family trust?

Past three‑month activity for the ARMSTRONG FAMILY TRUST includes 10b5‑1 sales of 3,500 shares on August 21, 2026 for $457,111.20, 3,500 shares on July 21, 2026 for $480,424.35, and 3,500 shares on June 22, 2026 for $395,355.45.

What PLMR shares did David M. Armstrong sell in the last three months?

The filing shows that David M. Armstrong sold 60,741 shares of Palomar Holdings, Inc. common stock on July 15, 2026 for an aggregate amount of $7,997,160.06, reported in the “Securities Sold During The Past 3 Months” section.

Are the PLMR sales associated with a Rule 10b5-1 trading plan?

Several entries in the past three months are identified as “10b5‑1 Sales for ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011”, indicating that those particular trust sales were made pursuant to Rule 10b5‑1 trading plans.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

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

Keep reading