PLMR CFO Sells 500 Shares at $158.69 – Insider Form 4 Update
Rhea-AI Filing Summary
Palomar Holdings, Inc. (PLMR) – Form 4 insider transaction
Chief Financial Officer T. Christopher Uchida reported a sale of 500 common shares on 06/18/2025 at an average price of $158.69, generating proceeds of roughly $79 K. Following the transaction, Uchida’s direct ownership declined from 7,920 to 7,420 shares. No derivative transactions or 10b5-1 plan indications were disclosed, and the filing was made solely by one reporting person. The sale represents a small fraction of both the executive’s holdings and Palomar’s total shares outstanding, suggesting limited impact on the company’s overall insider ownership profile.
Positive
- None.
Negative
- CFO sold shares, which can be interpreted as a modestly negative sentiment indicator, although the amount is immaterial relative to total ownership.
Insights
TL;DR: CFO sold 500 PLMR shares (~$79k); modest size, signals limited information.
The Form 4 shows a routine-sized insider sale by CFO T. Christopher Uchida. At 500 shares, the transaction trims direct ownership by roughly 6.3%, leaving 7,420 shares. No Rule 10b5-1 check box was marked, so the trade was discretionary. Given the small dollar amount relative to daily trading volume and the absence of accompanying derivative activity or multiple executives selling, I view the filing as neutral for valuation. Investors typically look for larger, clustered insider activity to infer directional signals. Still, persistent sales could flag de-risking if the pattern continues.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $158.69 | $79K |
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the transaction made under a Rule 10b5-1 trading plan?
Does the filing report any derivative securities activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.