Palomar Holdings Chairman Offloads 5,000 Shares as Stock Trades Near $158

Rhea-AI Filing Summary

Mac Armstrong, CEO, Chairman and Director of Palomar Holdings (PLMR), reported significant insider trading activity on June 23, 2025. The executive disposed of 5,000 shares at a weighted average price of $158.14 per share through the Armstrong Family Trust.

Following the transaction, Armstrong's holdings include:

• 70,186 shares held directly, including 2,555 shares purchased through the company's Employee Stock Purchase Plan (ESPP)
• 387,388 shares held indirectly through the Armstrong Family Trust after the reported sale

The shares were sold in multiple transactions with prices ranging from $155.61 to $159.91. This Form 4 filing was submitted by Angela Grant, Attorney-in-Fact, on June 25, 2025.

Positive

• None.

Negative

• CEO Mac Armstrong sold 5,000 shares worth approximately $790,694 ($158.14 average price) through the Armstrong Family Trust, representing a discretionary sale

SEC Form 4

FORM 4

UNITED 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^*

Armstrong Mac

(Last) (First) (Middle)

7979 IVANHOE AVENUE, SUITE 500

(Street)

LA JOLLA CA 92037

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Palomar Holdings, Inc. [ PLMR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								70,186(1)	D
Common Stock	06/23/2025		S		5,000	D	$158.1389(2)	387,388	I	By Armstrong Family Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 2,555 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $155.61 to $156.53 (weighted average of $156.1204), inclusive; $156.63 to $157.62 (weighted average of $157.1586), inclusive; $157.66 to $158.29 (weighted average of $157.9292), inclusive; $158.69 to $159.68 (weighted average of $159.1313); and $159.77 to $159.91 (weighted average of $159.8790), The Reporting Person undertakes to provide to Palomar Holdings, Inc., any security holder of Palomar Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	06/25/2025
	** Signature of Reporting Person	Date
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.

FAQ

How many PLMR shares did CEO Mac Armstrong sell on June 23, 2025?

CEO Mac Armstrong sold 5,000 shares of PLMR common stock on June 23, 2025 through the Armstrong Family Trust at a weighted average price of $158.1389 per share.

What is Mac Armstrong's remaining PLMR stock ownership after the June 2025 transaction?

After the reported transaction, Mac Armstrong owned 70,186 shares directly and 387,388 shares indirectly through the Armstrong Family Trust, for a total beneficial ownership of 457,574 shares.

What price range did PLMR CEO sell his shares for in June 2025?

The shares were sold in multiple transactions at prices ranging from $155.61 to $159.91, with weighted average prices across different blocks: $156.1204, $157.1586, $157.9292, $159.1313, and $159.8790.

What positions does Mac Armstrong hold at PLMR as of June 2025?

Mac Armstrong serves as both the CEO and Chairman of Palomar Holdings, Inc. (PLMR), holding dual roles as an executive officer and director of the company.