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Palomar (PLMR) president logs RSU vesting and tax-related share sales

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

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.

Negative

  • None.
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).
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*
Christianson Jon

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026
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 62,985(2) D
Common Stock (RSUs) 01/29/2026 M 1,327 A $0.00 64,312(2) D
Common Stock (RSUs) 01/29/2026 S(1) 481 D $122.043 63,831(2) D
Common Stock (RSUs) 01/29/2026 M 1,787 A $0.00 65,618(2) D
Common Stock (RSUs) 01/29/2026 S(1) 677 D $122.0428 64,941(2) D
Common Stock (RSUs) 01/31/2026 M 995 A $0.00 65,936(2) D
Common Stock (RSUs) 01/31/2026 S(1) 515 D $121.7473 65,421(2) D
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
Restricted Stock Units (RSUs) $0.00 01/29/2025 M 1,327 (3) (3) Common Stock 1,327 $0.00 1,326 D
Restricted Stock Units (RSUs) $0.00 01/29/2025 M 1,787 (4) (4) Common Stock 1,787 $0.00 3,573 D
Restricted Stock Units (RSUs) $0.00 01/31/2026 M 995 (5) (5) Common Stock 995 $0.00 0 D
Explanation of Responses:
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.
2. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
3. 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.
4. 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.
5. 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.
Remarks:
/s/ Angela Grant, Attorney-in-Fact 02/02/2026
** 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

What insider transactions did Palomar (PLMR) President Jon Christianson report?

Palomar President Jon Christianson reported RSU vesting into common stock and related share sales. RSUs converted into several thousand shares, and a portion was sold automatically to cover tax withholding, while his direct common stock holdings increased to 65,421 shares after the reported transactions.

How many Palomar (PLMR) shares does Jon Christianson hold after these Form 4 transactions?

After the reported Form 4 transactions, Jon Christianson directly holds 65,421 shares of Palomar common stock. This total reflects RSU vesting activity, automatic tax-related share sales, and includes 2,410 shares previously purchased through the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan.

Were Jon Christianson’s Palomar (PLMR) share sales discretionary or for tax withholding?

The filing states Christianson’s share sales were automatic, executed by the company under a mandatory sell-to-cover provision. These sales were required to cover minimum statutory tax withholding obligations triggered when his restricted stock units vested into Palomar common shares.

What RSU grants are described in Jon Christianson’s Palomar (PLMR) Form 4?

The Form 4 references original RSU grants of 3,979 shares (granted 1/29/2024), 5,360 shares (granted 1/29/2025), and 2,986 shares (granted 1/31/2023). Each grant vests in three equal annual installments, contingent on Christianson’s continued service with Palomar.

What prices were reported for Jon Christianson’s Palomar (PLMR) share sales?

Christianson’s reported share sales occurred at prices around $122 per share. The Form 4 lists transactions at $122.043, $122.0428, and $121.7473 per share, corresponding to automatic tax-withholding sales following RSU vesting into Palomar common stock.

How do the RSU vesting schedules work in the Palomar (PLMR) Form 4?

Each RSU grant vests in three equal tranches over three years. One-third vests on the first anniversary of the grant date, another third on the second anniversary, and the final third on the third anniversary, subject to Christianson’s continued service with Palomar Holdings.
Palomar Holdings

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3.20B
25.78M
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
LA JOLLA