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PLMR insider Form 4: CEO & Chairman reports November stock sales

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

Rhea-AI Filing Summary

Palomar Holdings, Inc. insider activity: The CEO and Chairman, reporting as a director and officer, disclosed stock sales on 11/21/2025. Through the Armstrong Family Trust, the reporting person sold a total of 5,000 shares of Palomar common stock in several open market transactions at weighted average prices of $120.3434, $121.8670, $123.0141, and $123.9782, across specified price ranges. After these transactions, the reporting person beneficially owns 76,374 shares directly and 358,388 shares indirectly via the Armstrong Family Trust. The direct holdings include 2,652 shares acquired under Palomar’s 2019 Employee Stock Purchase Plan.

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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).
X
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*
Armstrong Mac

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman
3. Date of Earliest Transaction (Month/Day/Year)
11/21/2025
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 76,374(1) D
Common Stock 11/21/2025 S 300 D $120.3434(2) 363,088 I By Armstrong Family Trust
Common Stock 11/21/2025 S 700 D $121.867(2) 362,388 I By Armstrong Family Trust
Common Stock 11/21/2025 S 3,124 D $123.0141(2) 359,264 I By Armstrong Family Trust
Common Stock 11/21/2025 S 876 D $123.9782(2) 358,388 I By Armstrong Family Trust
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
Explanation of Responses:
1. Includes 2,652 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.17 to $120.55 (weighted average of $120.3434), inclusive, $121.45 to $122.30 (weighted average of $121.8670), $122.53 to $123.51 (weighted average of $123.0141), and $123.70 to $124.45 (weighted average of $123.9782). The Reporting Person undertakes to provide to Palomar Holdings, Inc., any security holder of Palomar Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Remarks:
/s/ Angela Grant, Attorney-in-Fact 11/21/2025
** 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 transaction did PLMR report in this Form 4?

The CEO and Chairman of Palomar Holdings, Inc. (PLMR) reported selling a total of 5,000 shares of common stock on 11/21/2025 in multiple open market transactions.

At what prices did the Palomar (PLMR) insider sell shares on 11/21/2025?

The reported weighted average sale prices were $120.3434, $121.8670, $123.0141, and $123.9782, with each figure representing multiple trades within stated price ranges.

How many Palomar (PLMR) shares does the insider own after the reported sales?

Following the transactions, the reporting person holds 76,374 shares directly and 358,388 shares indirectly through the Armstrong Family Trust.

What is the relationship of the reporting person to Palomar Holdings, Inc. (PLMR)?

The reporting person is a director and an officer of Palomar Holdings, Inc., serving as CEO and Chairman.

Are any of the Palomar (PLMR) insider’s shares from an employee stock plan?

Yes. The reported holdings include 2,652 shares purchased under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

How were the Palomar (PLMR) insider’s sale prices reported in the Form 4?

The prices in Column 4 are weighted average prices. The shares were sold in multiple transactions within specified price ranges, and detailed trade data is available on request.

Palomar Holdings

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3.09B
25.79M
2.46%
94.37%
1.53%
Insurance - Property & Casualty
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United States
LA JOLLA