Palomar director exercises options for 1,722 shares
Palomar Holdings, Inc. director Martha Notaras exercised employee stock options to acquire 1,722 shares of common stock at an exercise price of $58.06 per share.
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Form Type
4
Rhea-AI Filing Summary
Palomar Holdings, Inc. director Martha Notaras exercised employee stock options to acquire 1,722 shares of common stock at an exercise price of $58.06 per share. Following this routine option exercise, she directly holds 10,896 shares of Palomar common stock.
Insider Trade Summary
1,722 shares exercised/converted
Exercise
2 txns
Insider
Notaras Martha
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 1,722 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,722 | $58.06 | $100K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 contracts (Direct);
Common Stock — 10,896 shares (Direct)
Footnotes (1)
- F1. Fifty percent (50%) of the option shares vest and become exercisable on February 12, 2021 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.
Key Figures
Shares acquired via option exercise: 1,722 shares
Option exercise price: $58.06 per share
Shares held after transaction: 10,896 shares
+1 more
4 metrics
Shares acquired via option exercise
1,722 shares
Common stock acquired through option exercise on June 2, 2026
Option exercise price
$58.06 per share
Conversion or exercise price for Employee Stock Option grant
Shares held after transaction
10,896 shares
Total direct ownership of Palomar common stock post-transaction
Option expiration date
February 12, 2030
Expiration of Employee Stock Option (Right to Buy)
Key Terms
Employee Stock Option (Right to Buy), Exercise or conversion of derivative security, derivative, vest and become exercisable
4 terms
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
derivative financial
"transaction_type: "derivative" for the option transaction"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
vest and become exercisable financial
"footnote: "option shares vest and become exercisable""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Palomar (PLMR) director Martha Notaras report?
Martha Notaras reported exercising employee stock options to acquire 1,722 shares of Palomar common stock. The transaction was coded as an option exercise (code M), reflecting conversion of derivative securities into directly held shares.
At what price were Martha Notaras’s Palomar (PLMR) options exercised?
The options were exercised at a conversion or exercise price of $58.06 per share. This represents the predetermined price at which the Employee Stock Options entitled her to buy Palomar common stock under the company’s equity compensation plan.
What derivative security did Martha Notaras exercise in this Palomar (PLMR) filing?
She exercised an “Employee Stock Option (Right to Buy)” covering 1,722 underlying shares of Palomar common stock. After the exercise, the reported option position shows zero remaining shares associated with this particular grant in the filing.
When do the Palomar (PLMR) options exercised by Martha Notaras expire?
The Employee Stock Options exercised by Martha Notaras have an expiration date of February 12, 2030. Options must be exercised before this expiration date, after which the right to purchase the underlying shares lapses.
How did the Palomar (PLMR) options exercised by Martha Notaras vest?
According to the footnote, fifty percent of the option shares vested and became exercisable on February 12, 2021. The remaining option shares vested in twelve equal monthly installments thereafter, following a standard time-based vesting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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