[Form 4] Palomar Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR)11/18/2025, 1,020 shares of common stock were acquired at $0.00 upon the vesting and settlement of restricted stock units (an "M" code transaction). On the same date, 522 shares were sold at $128.84 in a transaction marked "S", which the notes explain was an automatic sell-to-cover to satisfy minimum statutory tax withholding tied to the RSU vesting event. After these transactions, the reporting person beneficially owned 59,631 shares of Palomar common stock directly, including 2,410 shares purchased through the company’s 2019 Employee Stock Purchase Plan. The filing also shows 4,080 restricted stock units remaining, from an original grant of 20,396 RSUs made on 11/18/2021, which vest over several years based on continued service.

11/20/2025 - 07:41 PM

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
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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)
11/18/2025

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 (RSUs)	11/18/2025		M		1,020	A	$0.00	60,153(2)	D
Common Stock (RSUs)	11/18/2025		S(1)		522	D	$128.84	59,631(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	11/18/2025		M			1,020	(3)	(3)	Common Stock	1,020	$0.00	4,080	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 20,396 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 4,079 units shall vest on the first year anniversary of the date of the grant; 4,079 units shall vest on the second year anniversary of the date of the grant; 4,078 units shall vest on the third year anniversary of the date of grant; and 1,020 units shall vest quarterly following the third anniversary date of the grant.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	11/20/2025
	** 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 Palomar Holdings (PLMR) report in this Form 4?

The President of Palomar Holdings, Inc. (PLMR) reported the vesting of 1,020 restricted stock units into common stock on 11/18/2025 and the sale of 522 shares on the same date.

At what prices were the Palomar (PLMR) Form 4 transactions executed?

The 1,020 shares acquired from RSU vesting were reported at an effective price of $0.00, while 522 shares were sold at a price of $128.84 per share.

Why were 522 Palomar (PLMR) shares sold by the insider?

The 522 shares were automatically sold by the company under a mandatory sell-to-cover provision in the RSU award agreement to cover minimum statutory tax withholding arising from the RSU vesting.

How many Palomar (PLMR) shares does the reporting person own after the Form 4 transactions?

Following the reported transactions, the President beneficially owned 59,631 shares of Palomar common stock directly, which includes 2,410 shares purchased under the 2019 Employee Stock Purchase Plan.

What RSU grant details are disclosed for the Palomar (PLMR) insider?

The filing notes an original RSU grant of 20,396 units on 11/18/2021, vesting in annual tranches of 4,079, 4,079, and 4,078 units on each of the first three anniversaries, with 1,020 units vesting quarterly after the third anniversary. 4,080 RSUs remain beneficially owned.

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

The reporting person is an officer of Palomar Holdings, Inc., serving as President, and files the Form 4 as a single reporting person.