STOCK TITAN

Palomar (PLMR) CEO’s family trust sells 3,500 shares, holdings updated

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

Rhea-AI Filing Summary

Palomar Holdings, Inc. director, CEO and Chairman Mac Armstrong reported insider transactions involving shares held directly and through the Armstrong Family Trust. On June 22, 2026, the Armstrong Family Trust completed two open-market sales totaling 3,500 shares of Palomar common stock (classified as RSUs), with 1,495 shares sold at a weighted average price of $113.2784 and 2,005 shares sold at a weighted average price of $112.7204. After these sales, the trust’s indirect holdings reported in this filing increased to 330,883 shares, while Armstrong’s direct ownership stood at 102,059 shares, which includes 2,754 shares purchased through the company’s 2019 Employee Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
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) — 330,883 shares (Indirect, By Armstrong Family Trust); Common Stock — 102,059 shares (Direct, null)
Footnotes (1)
  1. Includes 2,754 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP). 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.
Shares sold (first trade) 1,495 shares at $113.2784 Open-market sale on June 22, 2026 by Armstrong Family Trust
Shares sold (second trade) 2,005 shares at $112.7204 Open-market sale on June 22, 2026 by Armstrong Family Trust
Total shares sold 3,500 shares Net insider sales reported in this Form 4
Indirect holdings after trades 330,883 shares Armstrong Family Trust position after June 22, 2026 sales
Direct holdings after trades 102,059 shares Mac Armstrong direct ownership reported in Form 4
ESPP shares included 2,754 shares Purchased under 2019 Employee Stock Purchase Plan
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Armstrong Family Trust financial
"nature_of_ownership": "By Armstrong Family Trust""
Employee Stock Purchase Plan (ESPP) financial
"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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 CALIFORNIA 92037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Palomar Holdings, Inc. [ PLMR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO and Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock102,059(1)D
Common Stock (RSUs)06/22/2026S2,005D$112.7204(2)330,883IBy Armstrong Family Trust
Common Stock (RSUs)06/22/2026S1,495D$113.2784(2)329,388IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 2,754 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 $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.
Remarks:
/s/ Angela Grant, Attorney-in-Fact06/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Palomar (PLMR) report for Mac Armstrong?

Mac Armstrong reported two open-market sales by the Armstrong Family Trust totaling 3,500 Palomar shares on June 22, 2026. The filing also shows updated direct and indirect share holdings after these transactions.

How many Palomar (PLMR) shares did the Armstrong Family Trust sell?

The Armstrong Family Trust sold a total of 3,500 Palomar shares on June 22, 2026. These were executed in two open-market transactions of 1,495 and 2,005 shares at different weighted average prices.

What prices were received in the June 22, 2026 Palomar (PLMR) insider sales?

The Armstrong Family Trust’s sales were executed at weighted average prices of $113.2784 for 1,495 shares and $112.7204 for 2,005 shares. Individual trade prices ranged within narrow bands around these averages.

How many Palomar (PLMR) shares does Mac Armstrong hold after these transactions?

After the reported transactions, Mac Armstrong’s direct ownership is 102,059 shares, and the Armstrong Family Trust’s indirect holdings are 330,883 shares. These figures come directly from the updated totals in the Form 4 filing.

What does the Palomar (PLMR) filing say about ESPP purchases for Mac Armstrong?

The filing notes that Armstrong’s direct holdings include 2,754 shares purchased through Palomar Holdings, Inc.’s 2019 Employee Stock Purchase Plan (ESPP). This clarifies that a portion of his direct position comes from employee stock purchase activity.