Palomar Holdings, Inc. (PLMR) CEO sells 3,500 RSU shares under trading plan
Rhea-AI Filing Summary
Palomar Holdings, Inc. CEO and Chairman Mac Armstrong reported the sale of 3,500 shares of common stock represented by RSUs on June 22, 2026, by Armstrong Family Trust, under a Rule 10b5-1 trading plan at weighted average prices of $112.7204 and $113.2784.
After these transactions, Armstrong indirectly holds 329,388 RSU shares through Armstrong Family Trust and directly holds 102,059 common shares. A footnote notes that 2,754 shares were purchased under the 2019 Employee Stock Purchase Plan.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 3,500 shares
Net Sell
3 txns
Insider
Armstrong Mac
Role
CEO and Chairman
Sold
3,500 shs ($395K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock (RSUs) | 2,005 | $112.7204 | $226K |
| Sale | Common Stock (RSUs) | 1,495 | $113.2784 | $169K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock (RSUs) — 329,388 shares (Indirect, By Armstrong Family Trust);
Common Stock — 102,059 shares (Direct)
Footnotes (2)
- F1. Includes 2,754 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.16 to $113.11 (weighted average of $112.7204), inclusive; $113.19 to $113.50 (weighted average of $113.2784). 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.
Key Figures
Shares sold (first tranche): 2,005 shares
Price (first tranche): $112.7204 per share
Shares sold (second tranche): 1,495 shares
+5 more
8 metrics
Shares sold (first tranche)
2,005 shares
Common Stock (RSUs) sold on June 22, 2026 at weighted average price
Price (first tranche)
$112.7204 per share
Weighted average price across trades from $112.16 to $113.11
Shares sold (second tranche)
1,495 shares
Common Stock (RSUs) sold on June 22, 2026 at weighted average price
Price (second tranche)
$113.2784 per share
Weighted average price across trades from $113.19 to $113.50
Total shares sold
3,500 shares
Aggregate of two RSU-related common stock sale transactions
Indirect RSU holdings
329,388 shares
Post-transaction Common Stock (RSUs) held by Armstrong Family Trust
Direct common holdings
102,059 shares
Post-transaction direct Common Stock position
ESPP shares
2,754 shares
Shares purchased under Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan
Key Terms
Employee Stock Purchase Plan (ESPP), weighted average price, Armstrong Family Trust, indirect ownership
4 terms
Employee Stock Purchase Plan (ESPP) financial
"Includes 2,754 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP)."
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Armstrong Family Trust financial
"nature_of_ownership: By Armstrong Family Trust"
indirect ownership financial
"Common Stock (RSUs) with ownership_type indirect by Armstrong Family Trust"
FAQ
What did Palomar Holdings (PLMR) CEO Mac Armstrong sell on June 22, 2026?
Mac Armstrong sold 3,500 shares of Palomar Holdings common stock represented by RSUs on June 22, 2026. The sales were executed by Armstrong Family Trust at weighted average prices of $112.7204 for 2,005 shares and $113.2784 for 1,495 shares.
Were Mac Armstrong’s PLMR stock sales made under a Rule 10b5-1 plan?
Yes. The filing affirms that the transactions were conducted under a Rule 10b5-1 trading plan. This indicates the trades followed a pre-established schedule, reducing the significance of their timing as a discretionary decision by the Palomar Holdings CEO.
AI-generated analysis. How Rhea-AI works. Not financial advice.
