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Palomar trust proposes $492K sale of 3,500 shares

The trust's recent reported activity also includes 3,500-share 10b5-1 sales on August 21 and September 21, 2026.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
144

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) is the issuer whose shares Armstrong Family Trust U/A DTD 04/07/2011 proposes to sell: 3,500 common shares, with an aggregate market value of $491,855 and an approximate sale date of October 21, 2026. Morgan Stanley Smith Barney LLC is listed as the broker. The shares are identified as performance stock units acquired from the issuer on July 13, 2026. The securities information lists 26,317,683 shares outstanding and NASDAQ. David M. Armstrong signed the notice.

Proposed shares for sale 3,500 shares Approximate sale date: October 21, 2026
Aggregate market value $491,855 Proposed sale
Shares outstanding 26,317,683 shares Securities information
Shares sold 3,500 shares 10b5-1 sale on August 21, 2026
Gross proceeds $457,111.20 10b5-1 sale on August 21, 2026
Shares sold 3,500 shares 10b5-1 sale on September 21, 2026
Gross proceeds $472,444.35 10b5-1 sale on September 21, 2026
Performance Stock Units financial
"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.
10b5-1 Sales regulatory
"10b5-1 Sales for ARMSTRONG FAMILY TRUST"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Rule 144 regulatory
"paragraph (e) 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.

FAQ

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

How many PLMR shares does the Armstrong Family Trust plan to sell?

The trust proposes to sell 3,500 common shares, with an aggregate market value of $491,855 and an approximate sale date of October 21, 2026.

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

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Available on EDGAR Accepted by SEC EDGAR 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

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