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Palomar (NASDAQ: PLMR) family trust plans 3,500-share sale

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) received a notice that the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 intends to sell 3,500 shares of Palomar common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ. The shares relate to Performance Stock Units acquired from the issuer on 07/15/2026. The trust has also reported prior 10b5-1 plan sales of Palomar common stock during the past three months.

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Shares to be sold 3,500 shares of common stock Planned Rule 144 sale by ARMSTRONG FAMILY TRUST
Aggregate market value of planned sale $451,045.00 Value associated with 3,500 shares to be sold
Prior 10b5-1 sale on 06/22/2026 3,500 shares for $395,355.45 Common stock sold by ARMSTRONG FAMILY TRUST
Prior 10b5-1 sale on 07/21/2026 3,500 shares for $480,424.35 Common stock sold by ARMSTRONG FAMILY TRUST
Acquisition date of shares to be sold 07/15/2026 Performance Stock Units acquired from issuer
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.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What does the Form 144 filed for PLMR disclose?

It discloses that the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011 intends to sell 3,500 shares of Palomar Holdings, Inc. common stock under Rule 144 through Morgan Stanley Smith Barney LLC Executive Financial Services.

Who is selling Palomar Holdings, Inc. (PLMR) shares under this Form 144?

The seller is the ARMSTRONG FAMILY TRUST U/A DTD 04/07/2011, for whose account 3,500 shares of Palomar Holdings, Inc. common stock are to be sold. The notice is signed by David M Armstrong on behalf of the trust.

How many PLMR shares are covered by the planned Rule 144 sale?

The notice covers an intended sale of 3,500 shares of Palomar Holdings, Inc. common stock. These shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ.

How and when were the PLMR shares to be sold acquired?

The 3,500 shares of Palomar Holdings, Inc. common stock to be sold were acquired on 07/15/2026 from the issuer as Performance Stock Units, according to the Form 144 disclosure.

What prior 10b5-1 sales of PLMR stock does the Form 144 list?

It lists two 10b5-1 plan sales by the ARMSTRONG FAMILY TRUST: 3,500 shares of common stock sold on 06/22/2026 for $395,355.45 and another 3,500 shares sold on 07/21/2026 for $480,424.35.

What is the approximate aggregate value of the PLMR shares to be sold?

The Form 144 lists an aggregate market value of $451,045.00 for the 3,500 shares of Palomar Holdings, Inc. common stock to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

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

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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