Palomar Holdings (PLMR) officer updates Form 4 to correct RSU vesting date
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Palomar Holdings, Inc. reported an amended insider transaction for its Chief People Officer involving restricted stock units. On 01/29/2026, 610 restricted stock units vested and were converted into 610 shares of common stock at a conversion price of $0.00, leaving 1,219 derivative securities beneficially owned on a direct basis.
The filing explains that the original RSU grant was for 1,829 shares on 01/29/2025, vesting in three equal annual installments conditioned on continued service. This amendment corrects a previously reported transaction date that was wrong due to a clerical error.
Positive
- None.
Negative
- None.
Insider Trade Summary
610 shares exercised/converted
Mixed
1 txn
Insider
Carter Timothy
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 610 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 1,219 shares (Direct)
Footnotes (1)
- The original RSU grant was for 1,829 shares on 1/29/2025. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant. This amended filing corrects the transaction date on a form previously filed on 2/2/2026 which contained the wrong transaction date due to a clerical error.
FAQ
What insider transaction did Palomar Holdings (PLMR) report in this Form 4/A?
Palomar Holdings reported that its Chief People Officer had 610 restricted stock units vest and convert into 610 shares of common stock at a $0.00 conversion price. This reflects the scheduled vesting of a previously granted equity award rather than a market purchase or sale.
Why was this Palomar Holdings (PLMR) Form 4/A filed as an amendment?
The Form 4/A was filed to correct the transaction date on a prior Form 4 submitted on 02/02/2026. The company states the original report contained the wrong date due to a clerical error, and this amendment updates the record with the accurate 01/29/2026 date.
What was the size and schedule of the original RSU grant at Palomar Holdings (PLMR)?
The original restricted stock unit grant was for 1,829 shares on 01/29/2025. Vesting is structured in three equal one-third installments on the first, second, and third anniversaries of the grant date, subject to the executive’s continued service with the company.
How many derivative securities remain after the reported Palomar (PLMR) RSU vesting?
After 610 restricted stock units vested and converted into common stock, 1,219 derivative securities remained beneficially owned by the reporting person on a direct basis. These remaining units are tied to the original 1,829-share RSU award and follow the stated vesting schedule.
What role does the reporting person hold at Palomar Holdings (PLMR)?
The reporting person serves as Chief People Officer of Palomar Holdings, Inc. The Form 4/A identifies this officer role and indicates the reported equity activity relates to compensation in the form of restricted stock units rather than open-market trading in the company’s shares.