Palomar Holdings (PLMR) director Daina Middleton receives 1,304-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palomar Holdings director Daina Middleton received an equity award in the form of restricted stock units. The filing shows a grant of 1,304 shares of common stock at no purchase price, increasing her direct holdings to 7,509 shares. These RSUs were granted under the company’s 2019 Equity Incentive Plan and will vest in full if she continues serving until the earlier of the first anniversary of the grant date or the company’s next annual stockholder meeting. Each unit converts into one share of common stock when it vests, aligning her compensation with the company’s future performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Middleton Daina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,509 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
RSU grant size: 1,304 shares
Grant price: $0.00 per share
Shares after grant: 7,509 shares
+2 more
5 metrics
RSU grant size
1,304 shares
Restricted Stock Units granted on 2026-05-21
Grant price
$0.00 per share
Equity award with no cash purchase price
Shares after grant
7,509 shares
Total direct holdings following the transaction
Vesting condition
Earlier of 1-year anniversary or next annual meeting
Requires continued service to vest RSUs
RSU conversion ratio
1:1
Each RSU represents one share of common stock
Key Terms
Restricted Stock Units (RSUs), 2019 Equity Incentive Plan, Grant Date, annual meeting of stockholders, +1 more
5 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"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What insider transaction did Palomar Holdings (PLMR) report for Daina Middleton?
Palomar Holdings reported that director Daina Middleton received an award of 1,304 restricted stock units. These units represent compensation rather than a market purchase and increase her direct holdings to 7,509 common shares upon grant.
What are the vesting terms of Daina Middleton’s new RSUs at Palomar Holdings (PLMR)?
The RSUs vest in full upon the earlier of the first anniversary of the grant date or the next annual stockholder meeting. Vesting requires Daina Middleton’s continued service with Palomar Holdings through that vesting date.
Does Daina Middleton pay cash for the Palomar Holdings (PLMR) RSU grant?
No cash payment is required for the RSU grant, as the transaction price per share is reported as $0.00. The award is part of Palomar Holdings’ equity compensation program for directors.