Palomar (NASDAQ: PLMR) CEO details Rule 144 share sale and 10b5-1 trades

Rhea-AI Filing Summary

Palomar executive Mac Armstrong plans to sell 3,750 common shares under Rule 144, using Morgan Stanley Smith Barney as broker, with an aggregate market value of $487,350. The notice lists 26,494,524 common shares outstanding and targets an approximate sale date of January 15, 2026 on the NASDAQ exchange.

The shares to be sold were acquired as restricted stock compensation on January 15, 2026, in a grant of 6,250 shares fully paid as compensation. Recent activity also shows sales under a 10b5-1 trading plan, including three 5,000-share common stock sales on October 21, November 21, and December 22, 2025, plus a 3,218-share sale on October 15, 2025. By signing the notice, the seller represents they do not know of undisclosed material adverse information about Palomar’s current or prospective operations.

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 38th Floor New York NY 10004	3750	487350	26494524	01/15/2026	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	01/15/2026	Restricted Stock	Issuer			6250	01/15/2026	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
10B5-1 Sales Plan for Mac Armstrong 7979 Ivanhoe Avenue Suite 500 La Jolla CA 92037	Common	12/22/2025	5000	681139
10B5-1 Sales Plan for Mac Armstrong 7979 Ivanhoe Avenue Suite 500 La Jolla CA 92037	Common	11/21/2025	5000	614311
10B5-1 Sales Plan for Mac Armstrong 7979 Ivanhoe Avenue Suite 500 La Jolla CA 92037	Common	10/21/2025	5000	576535
Mac Armstrong 7979 Ivanhoe Avenue Suite 500 La Jolla CA 92037	Common	10/15/2025	3218	373623

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) disclose in this Form 144?

The notice states that Mac Armstrong plans to sell 3,750 Palomar common shares under Rule 144 on or around January 15, 2026, with an aggregate market value of $487,350, through Morgan Stanley Smith Barney on the NASDAQ exchange.

How many Palomar (PLMR) shares are planned for sale and at what value?

The planned Rule 144 transaction covers 3,750 common shares of Palomar, with an indicated aggregate market value of $487,350 based on the figures in the notice.

How were the Palomar shares being sold under Rule 144 acquired?

The shares were acquired as restricted stock from the issuer on January 15, 2026, in a grant of 6,250 shares received as compensation, with payment also dated January 15, 2026.

What recent Palomar (PLMR) stock sales by Mac Armstrong are listed?

The document lists recent common stock sales tied to a 10b5-1 sales plan for Mac Armstrong: 5,000 shares on December 22, 2025, 5,000 shares on November 21, 2025, 5,000 shares on October 21, 2025, and a separate 3,218-share sale on October 15, 2025.

How many Palomar (PLMR) shares are outstanding in this notice?

The notice reports that 26,494,524 common shares of Palomar are outstanding, providing context for the planned 3,750-share Rule 144 sale.

What representations does the seller make in this Palomar Form 144?

The signing party represents that they do not know any material adverse information about Palomar’s current or prospective operations that has not been publicly disclosed. If a 10b5-1 plan or trading instructions were adopted, the representation is made as of the plan adoption or instruction date.