Palomar (PLMR) president receives 7,912 RSUs and sells shares to cover taxes

Rhea-AI Filing Summary

Palomar Holdings, Inc. President Jon Christianson reported equity award activity and a small tax-related share sale. On January 28, 2026, he received 7,912 restricted stock units (RSUs) at an exercise price of $0.00, which will vest in three equal annual installments starting one year after the grant date.

On the same date, a previously granted performance stock unit (PSU) award vested after the Compensation Committee confirmed achievement of financial performance goals and service conditions, resulting in 5,345 shares of common stock being earned. To cover minimum statutory tax withholding from this vesting, the company automatically sold 1,991 shares at $119.88 per share under a mandatory sell-to-cover provision. Following these transactions, Christianson directly held 62,985 shares of common stock and 7,912 RSUs.

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

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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)
01/28/2026

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								59,631(1)	D
Common Stock (PSUs)	01/28/2026(2)		M		5,345(3)	A	$0	64,976(1)	D
Common Stock (PSUs)	01/28/2026		S(4)		1,991	D	$119.88	62,985(1)	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	01/28/2026		A		7,912		(5)	(5)	Common Stock	7,912	$0.00	7,912	D

Explanation of Responses:

1. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

2. Represents the date on which the Compensation Committee ratified the achievement of certain company financial performance criteria related to a previously granted performance stock unit ("PSU") award causing the award to become vested.

3. Represents the number of shares of common stock determined to have been earned and vested from a previously granted PSU award. The PSU award was granted on 1/31/2023 and vested based on i. the grantee completing the required service period through 1/1/2026 and ii. the Compensation Committee ratifying the number of shares earned based on the achievement of certain company financial performance criteria.

4. Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the PSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the PSU vesting event.

5. The original RSU grant was for 7,912 shares on 1/28/2026. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	01/30/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did PLMR President Jon Christianson report on January 28, 2026?

Jon Christianson reported equity award activity on January 28, 2026, including PSU vesting and a small tax-related sale. A prior performance stock unit award vested into common shares and the company sold shares automatically to cover required tax withholding obligations.

How many PLMR restricted stock units did Jon Christianson receive in this Form 4 filing?

Jon Christianson received 7,912 restricted stock units (RSUs) with an exercise price of $0.00. These RSUs vest in three equal annual installments, starting one year after the January 28, 2026 grant date, subject to his continued service with Palomar Holdings, Inc. (PLMR).

What performance stock unit (PSU) vesting was disclosed for PLMR in this insider filing?

The filing shows 5,345 shares of common stock were earned from a previously granted PSU award. Vesting depended on completing service through January 1, 2026 and the Compensation Committee ratifying achievement of certain company financial performance criteria linked to that PSU grant.

Why were 1,991 PLMR shares sold in Jon Christianson’s Form 4?

The 1,991 PLMR shares were sold automatically by the company under a mandatory sell-to-cover provision. This sale, at $119.88 per share, was required to satisfy minimum statutory tax withholding obligations triggered by the PSU vesting event.

What are Jon Christianson’s PLMR holdings after the reported Form 4 transactions?

After the reported transactions, Jon Christianson directly held 62,985 shares of Palomar common stock and 7,912 restricted stock units. His common stock total includes shares previously acquired, including shares purchased under the company’s 2019 Employee Stock Purchase Plan.

How do the new PLMR RSUs for Jon Christianson vest over time?

The 7,912 PLMR RSUs granted on January 28, 2026 vest in three stages. One-third vests on the first anniversary of the grant date, another one-third on the second anniversary, and the final one-third on the third anniversary, subject to continued service.