Palomar (NASDAQ: PLMR) insider plans additional Rule 144 stock sales
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Palomar Holdings insider Mac Armstrong filed a Rule 144 notice to sell common stock of PLMR. The filing lists three planned NASDAQ sales through Morgan Stanley Smith Barney of 6,303 shares on 01/29/2026, and 2,560 and 15,358 shares on 01/31/2026.
The shares to be sold were acquired from the issuer as restricted and performance stock awarded as compensation on 01/29/2026 and 01/31/2026, totaling 10,505, 4,266, and 25,596 shares. The notice also shows prior three‑month sales by or under a 10b5‑1 plan for Mac Armstrong of 2,310, 5,000, and 5,000 shares of common stock with gross proceeds of 300,300, 681,139, and 614,311.
Positive
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FAQ
What does the PLMR Rule 144 filing by Mac Armstrong disclose?
The filing discloses that Mac Armstrong intends to sell Palomar (PLMR) common stock under Rule 144. It itemizes upcoming planned NASDAQ trades, prior three-month sales, and confirms the seller represents having no undisclosed material adverse information about the issuer’s current or prospective operations.
What were the recent Palomar (PLMR) stock sales by Mac Armstrong?
Recent sales include 2,310 PLMR shares on 01/15/2026 for gross proceeds of 300,300, plus 5,000 shares on 12/22/2025 and 5,000 on 11/21/2025, generating 681,139 and 614,311 respectively. Two of these transactions are identified as 10b5‑1 sales plan trades.
Which broker will handle the planned Palomar (PLMR) stock sales?
Morgan Stanley Smith Barney LLC Executive Financial Services will handle the trades. The Rule 144 notice specifies this broker, including its New York address, for each planned NASDAQ sale of Palomar common stock listed in the securities information table.
What representation does the seller make in the PLMR Rule 144 notice?
The seller 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 written Rule 10b5‑1 trading plan was adopted, that representation is made as of the plan’s adoption date.