Director at Palomar Holdings (NASDAQ: PLMR) receives 1,304 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fallon Catriona M reported acquisition or exercise transactions in this Form 4 filing.
Palomar Holdings director Catriona M. Fallon reported an equity compensation grant of 1,304 Restricted Stock Units (RSUs). Each RSU is a right to receive one share of Palomar common stock. The award was granted under the company’s 2019 Equity Incentive Plan at no cash cost to her.
These RSUs will vest in full upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, as long as she continues serving the company. After this grant, Fallon directly holds 9,355 shares of Palomar common stock, reflecting her ongoing equity stake as a director rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fallon Catriona M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,355 shares (Direct, null)
Footnotes (1)
- The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan. Subject to the Reporting Person's continued service, the RSUs shall vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date or (2) the next annual meeting of stockholders of the Company. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSUs granted: 1,304 units
Grant price per RSU: $0.00
Shares following transaction: 9,355 shares
+1 more
4 metrics
RSUs granted
1,304 units
Director equity award on May 21, 2026
Grant price per RSU
$0.00
Compensation award, not open-market purchase
Shares following transaction
9,355 shares
Director’s direct holdings after RSU grant
RSU-to-share ratio
1 RSU : 1 share
Each RSU converts into one common share upon vesting
Key Terms
Restricted Stock Units (RSUs), 2019 Equity Incentive Plan, Grant Date, annual meeting of stockholders
4 terms
Restricted Stock Units (RSUs) financial
"The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2019 Equity Incentive Plan financial
"RSUs granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan"
Grant Date financial
"vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
annual meeting of stockholders financial
"or (2) the next annual meeting of stockholders of the Company"
FAQ
What insider transaction did Palomar Holdings (PLMR) director Catriona Fallon report?
Catriona M. Fallon reported receiving 1,304 Restricted Stock Units (RSUs) as equity compensation. The grant was made under Palomar’s 2019 Equity Incentive Plan and involves no cash payment, reflecting a standard director award rather than an open-market stock purchase or sale.
How many RSUs were granted to the PLMR director and what do they represent?
The director received 1,304 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Palomar Holdings common stock. These units convert into actual shares only upon vesting, aligning the director’s compensation with long-term shareholder value.
When do the Palomar (PLMR) RSUs granted to Catriona Fallon vest?
The RSUs vest in full at the earlier of two events: the first anniversary of the grant date or the next annual meeting of stockholders. Vesting is also conditioned on Fallon’s continued service with the company through that time, encouraging ongoing board participation.
Is this Palomar (PLMR) Form 4 transaction an open-market stock purchase?
No, the Form 4 reflects an equity award, not an open-market purchase. The 1,304 units are Restricted Stock Units granted at a price of $0.00 per unit as compensation under the 2019 Equity Incentive Plan, rather than shares bought on a stock exchange.