Palomar (PLMR) president logs RSU vesting and tax-related share sales
Rhea-AI Filing Summary
Palomar Holdings, Inc. President Jon Christianson reported multiple restricted stock unit (RSU) vesting and related share transactions. On January 29, 2026, RSUs converted into 1,327 and 1,787 shares of common stock at an exercise price of $0.00 per share, followed by sales of 481 and 677 shares at prices around $122 per share. On January 31, 2026, an additional 995 RSUs vested into common stock and 515 shares were sold at about $121.75 per share. A footnote explains these sales were made automatically under a mandatory sell-to-cover provision to satisfy minimum tax withholding on the RSU vesting. After these transactions, Christianson directly held 65,421 shares of Palomar common stock, which includes shares accumulated through the company’s 2019 Employee Stock Purchase Plan.
Positive
- None.
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- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 995 | $0.00 | -- |
| Exercise | Common Stock (RSUs) | 995 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 515 | $121.7473 | $63K |
| Exercise | Common Stock (RSUs) | 1,327 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 481 | $122.043 | $59K |
| Exercise | Common Stock (RSUs) | 1,787 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 677 | $122.0428 | $83K |
| holding | Common Stock | -- | -- | -- |
| Exercise | Restricted Stock Units (RSUs) | 1,327 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 1,787 | $0.00 | -- |
Footnotes (1)
- Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP). 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. The original RSU grant was for 2,986 shares on 1/31/2023. 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.