STOCK TITAN

Palomar Holdings (PLMR) president sells 3,000 shares after option exercise

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Palomar Holdings, Inc. President Jon Christianson corrected his previously reported activity by showing that he both exercised options and sold the resulting shares. On April 7, 2026, he exercised an employee stock option to acquire 3,000 shares of common stock at $15.00 per share, then sold 3,000 shares at $125.00 per share. After these transactions, he directly holds 65,919 shares of Palomar common stock. The amendment explains that the original filing had reported the event as a sale only, omitting the related option exercise.

Positive

  • None.

Negative

  • None.
Insider Christianson Jon
Role President
Sold 3,000 shs ($375K)
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) 3,000 $0.00 --
Exercise Common Stock 3,000 $15.00 $45K
Sale Common Stock 3,000 $125.00 $375K
Holdings After Transaction: Employee Stock Option (Right to Buy) — 1,937 shares (Direct); Common Stock — 68,919 shares (Direct)
Footnotes (1)
  1. This Form 4/A amends the Form 4 originally filed on April 8, 2026 to correctly reflect the option exercise and related sale, which were previously reported as a sale only. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP). Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in the twelve (12) equal monthly installments thereafter.
Options exercised 3,000 shares Employee Stock Option exercised on April 7, 2026
Option exercise price $15.00 per share Employee Stock Option (Right to Buy)
Shares sold 3,000 shares Open-market sale on April 7, 2026
Sale price $125.00 per share Common stock sale following option exercise
Post-transaction holdings 65,919 shares Common stock directly owned after transactions
Remaining options of this grant 1,937 options Derivative position following 3,000-share exercise
Option expiration date April 16, 2029 Employee Stock Option term
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
Form 4/A regulatory
"This Form 4/A amends the Form 4 originally filed on April 8, 2026"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP) financial
"Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP)."
vest and become exercisable financial
"option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest"
open-market sale financial
"transaction_action: "open-market sale" for 3,000 common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Christianson Jon

(Last)(First)(Middle)
7979 IVANHOE AVENUE, SUITE 500

(Street)
LA JOLLA CALIFORNIA 92037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Palomar Holdings, Inc. [ PLMR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
04/08/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock(1)04/07/2026M3,000A$1568,919(2)D
Common Stock(1)04/07/2026S3,000D$12565,919(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)(1)$1504/07/2026M3,000 (3)04/16/2029Common Stock3,000$0.001,937D
Explanation of Responses:
1. This Form 4/A amends the Form 4 originally filed on April 8, 2026 to correctly reflect the option exercise and related sale, which were previously reported as a sale only.
2. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
3. Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in the twelve (12) equal monthly installments thereafter.
Remarks:
/s/ Angela Grant, Attorney-in-Fact04/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Palomar (PLMR) President Jon Christianson report?

Jon Christianson reported exercising stock options for 3,000 Palomar shares and immediately selling 3,000 shares. The filing corrects an earlier report that showed only a sale, clarifying the full exercise-and-sale sequence on April 7, 2026.

How many Palomar (PLMR) shares does Jon Christianson hold after this Form 4/A?

After the reported transactions, Jon Christianson directly holds 65,919 shares of Palomar common stock. This reflects his position following the 3,000-share option exercise at $15.00 and the 3,000-share sale at $125.00 on April 7, 2026.

What prices were involved in Jon Christianson’s Palomar (PLMR) option exercise and sale?

Christianson exercised employee stock options at a $15.00 per share exercise price, acquiring 3,000 Palomar shares. He then sold 3,000 common shares at $125.00 per share, as disclosed in the amended Form 4/A filed for April 7, 2026.

Why was this Palomar (PLMR) Form 4/A filed as an amendment?

The Form 4/A was filed to correct the original April 8, 2026 report, which showed only a sale. The amendment clarifies that there was both an option exercise and a related sale of Palomar shares on April 7, 2026.

What type of derivative security did Jon Christianson exercise at Palomar (PLMR)?

He exercised an Employee Stock Option (Right to Buy) covering 3,000 underlying Palomar common shares. The option had a $15.00 exercise price and an expiration date of April 16, 2029, according to the amended Form 4/A disclosure.