Palomar (PLMR) director receives 1,304 RSUs under 2019 equity plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palomar Holdings director Martha Notaras received an equity award of 1,304 shares of common stock, reported as restricted stock units (RSUs) granted at a price of $0.0000 per share. Following this grant, she directly holds 9,174 shares. The RSUs vest in full upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, and each RSU converts into one share of common stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Notaras Martha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,174 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
Price per share for grant: $0.0000 per share
Shares held after transaction: 9,174 shares
+1 more
4 metrics
RSU grant size
1,304 shares
Restricted Stock Units granted to director on reported date
Price per share for grant
$0.0000 per share
Reported transaction price for RSU award
Shares held after transaction
9,174 shares
Direct ownership following RSU grant
RSU-to-share ratio
1 RSU : 1 share
Each restricted stock unit converts into one common share
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 pursuant to Issuer's 2019 Equity Incentive Plan."
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
"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."
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
"RSUs shall vest in full upon the earlier to occur of the first anniversary of the Grant Date or the next annual meeting of stockholders of the Company."
FAQ
What insider transaction did Palomar (PLMR) director Martha Notaras report?
Martha Notaras reported an acquisition of 1,304 shares of Palomar common stock through a grant of Restricted Stock Units. The award was made under Palomar’s 2019 Equity Incentive Plan and is classified as a grant, not an open‑market purchase or sale.
What are the vesting terms of Martha Notaras’s 1,304 Palomar RSUs?
The 1,304 RSUs vest in full upon the earlier of the first anniversary of the grant date or Palomar’s next annual meeting of stockholders. Vesting is conditioned on her continued service with the company through the applicable vesting date.
What does each Palomar Restricted Stock Unit (RSU) granted to Martha Notaras represent?
Each RSU granted represents a contingent right to receive one share of Palomar common stock. When the RSUs vest under the stated conditions, they convert into shares on a one-for-one basis, increasing the holder’s actual share ownership.
Under which plan were Martha Notaras’s Palomar (PLMR) RSUs granted?
The RSUs granted to Martha Notaras were issued under Palomar’s 2019 Equity Incentive Plan. This plan provides for equity-based awards, such as RSUs, to directors and other eligible participants as part of their overall compensation structure.