Palomar CRO sells 296 shares in tax withholding trade

Palomar Holdings, Inc. (PLMR) reported insider equity activity by Chief Risk Officer Jonathan Knutzen on 2026-08-18.

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) reported insider equity activity by Chief Risk Officer Jonathan Knutzen on 2026-08-18. Knutzen exercised 612 Restricted Stock Units, converting them into 612 shares of common stock at $0.00 per share as part of a previously granted RSU award. On the same date, 296 of these shares were automatically sold by the company under a mandatory sell-to-cover provision to satisfy minimum statutory tax withholding obligations, at a price of $127.7456 per share. A footnote also states that his direct holdings include 1,410 shares acquired through the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 3 txns

Insider Knutzen Jonathan

Role Chief Risk Officer

Sold 296 shs ($38K)

Approx. gross sale proceeds $38K

Approx. exercise cost $0.00

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F3	612	$0.00	$0.00
Exercise	Common Stock (RSUs) F2	612	$0.00	$0.00
Sale	Common Stock (RSUs) F1, F2	296	$127.7456	$38K

Holdings After Transaction: Restricted Stock Units — 612 contracts (Direct); Common Stock (RSUs) — 28,250 shares (Direct)

Footnotes (3)

1. F1. Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event.
2. F2. Includes 1,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
3. F3. The original RSU grant was for 12,238 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 2,448 units shall vest on the first year anniversary of the date of the grant; 2,447 units shall vest on the second year anniversary of the date of the grant; 2,447 units shall vest on the third year anniversary of the date of grant; and 612 units shall vest quarterly following the third anniversary date of the grant.

Key Figures

RSUs exercised: 612 units Shares sold (sell-to-cover): 296 shares Sale price per share: $127.7456 per share +3 more

6 metrics

RSUs exercised 612 units Restricted Stock Units converted into common stock on 2026-08-18

Shares sold (sell-to-cover) 296 shares Automatic sale to cover minimum statutory tax withholding on 2026-08-18

Sale price per share $127.7456 per share Price for the 296-share automatic tax-withholding sale

RSU grant size 12,238 units Original RSU grant to Jonathan Knutzen on 11/18/2021

ESPP shares held 1,410 shares Shares purchased through the Palomar Holdings, Inc. 2019 ESPP

Shares following derivative transaction 612.0000 shares Reported total following the RSU conversion transaction

Key Terms

Restricted Stock Units, sell-to-cover provision, minimum statutory tax withholding obligations, Employee Stock Purchase Plan, +1 more

5 terms

Restricted Stock Units financial

"The original RSU grant was for 12,238 shares on 11/18/2021."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

sell-to-cover provision financial

"Represents shares automatically sold by the Company on behalf of the Reporting Person pursuant to a mandatory sell-to-cover provision in the RSU award agreement."

minimum statutory tax withholding obligations financial

"required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event."

Employee Stock Purchase Plan financial

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

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did PLMR Chief Risk Officer Jonathan Knutzen report on 2026-08-18?

He exercised 612 RSUs into common stock and, in a related transaction, 296 shares were automatically sold under a mandatory sell-to-cover provision to cover minimum statutory tax withholding obligations arising from the RSU vesting.

How many Palomar (PLMR) shares were sold and at what price in this Form 4?

The filing reports an automatic sale of 296 shares of Palomar common stock at a price of $127.7456 per share, executed pursuant to a mandatory sell-to-cover provision tied to the RSU vesting event.

Were the PLMR share sales by Jonathan Knutzen discretionary or for tax withholding?

The 296-share sale was not discretionary; it was executed automatically by the company under a mandatory sell-to-cover provision in the RSU award agreement to satisfy minimum statutory tax withholding obligations triggered by the RSU vesting.

What RSU award is associated with Jonathan Knutzen’s 2026-08-18 PLMR Form 4 transactions?

The transactions relate to an original RSU grant of 12,238 units dated 11/18/2021, which vests in scheduled annual tranches and then 612 units quarterly following the third anniversary of the grant date.

How many PLMR shares has Jonathan Knutzen purchased through the ESPP?

A footnote states that his reported holdings include 1,410 shares of Palomar common stock purchased under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/20/2026 - 04:15 PM EDT Learn about SEC filing dates

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

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).

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^*

Knutzen Jonathan

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock (RSUs)	08/18/2026		M		612	A	$0.00	28,546(2)	D
Common Stock (RSUs)	08/18/2026		S(1)		296	D	$127.7456	28,250(2)	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	$0.00	08/18/2026		M			612	(3)	(3)	Common Stock	612	$0.00	612	D

Explanation of Responses:

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

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

3. The original RSU grant was for 12,238 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 2,448 units shall vest on the first year anniversary of the date of the grant; 2,447 units shall vest on the second year anniversary of the date of the grant; 2,447 units shall vest on the third year anniversary of the date of grant; and 612 units shall vest quarterly following the third anniversary date of the grant.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	08/20/2026
	** Signature of Reporting Person	Date
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)