Palomar (PLMR) President updates RSU Form 4 with corrected 2026 date
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Palomar Holdings, Inc. President filed an amended insider transaction report correcting the transaction date for previously reported equity activity. The Form 4/A now reflects a transaction date of 01/29/2026 instead of the earlier clerical entry.
The filing shows the exercise of restricted stock units (RSUs) into common stock, including 1,327 shares from a grant originally covering 3,979 RSUs awarded on 01/29/2024 and 1,787 shares from a grant of 5,360 RSUs awarded on 01/29/2025. Both grants vest in three equal annual installments, subject to continued service, and the RSU transactions were reported at an exercise price of $0.00.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,114 shares exercised/converted
Mixed
2 txns
Insider
Christianson Jon
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 1,327 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 1,787 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 1,326 shares (Direct)
Footnotes (1)
- The original RSU grant was for 3,979 shares on 1/29/2024. 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. The original RSU grant was for 5,360 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 does the Palomar (PLMR) Form 4/A amendment report?
The Form 4/A reports a correction to the insider transaction date, changing it to 01/29/2026 for previously disclosed RSU transactions. It keeps the underlying RSU amounts and vesting terms unchanged, addressing only a clerical dating error in the earlier filing.
Which RSU grants for Palomar (PLMR) are described in this filing?
The filing describes an original RSU grant of 3,979 shares dated 01/29/2024 and another grant of 5,360 shares dated 01/29/2025. Both are subject to time-based vesting over three years, contingent on continued service with the company.
How do the Palomar (PLMR) RSUs in this Form 4/A vest over time?
Each RSU grant vests in three equal annual installments. One-third vests on the first anniversary of the grant date, another one-third on the second anniversary, and the final one-third on the third anniversary, provided the executive continues service with the company.
What RSU exercises are shown for the Palomar (PLMR) President?
The filing lists RSU transactions at an exercise price of $0.00, delivering 1,327 common shares from the 2024 grant and 1,787 common shares from the 2025 grant. These reflect vesting-related conversions of RSUs into Palomar common stock.
Why was this Palomar (PLMR) insider filing amended?
The amendment was filed to correct the transaction date on a prior Form 4. Footnote three explains that the earlier filing used the wrong date because of a clerical error, and this amendment updates the date to 01/29/2026.
What is the role of the reporting person in Palomar (PLMR)?
The reporting person is identified as an officer of Palomar Holdings, Inc., serving as President. This status subjects the individual to Section 16 reporting, requiring timely disclosure of equity grants, exercises, and holdings in company securities.