Palomar President sells 3,000 shares at $125
Palomar Holdings, Inc. President Jon Christianson reported an open-market sale of 3,000 shares of common stock at $125.00 per share.
Rhea-AI Filing Summary
Palomar Holdings, Inc. President Jon Christianson reported an open-market sale of 3,000 shares of common stock at $125.00 per share. After this transaction, he directly holds 62,919 shares of Palomar common stock. His holdings include 2,410 shares previously purchased under the company’s 2019 Employee Stock Purchase Plan.
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Insights
President’s 3,000-share sale is a small, routine disposition relative to remaining holdings.
Palomar Holdings, Inc. President Jon Christianson executed an open-market sale of 3,000 common shares at $125.00 per share. This is a straightforward sale in open market or private transaction with no derivatives involved, as indicated by the non-derivative classification and empty derivativeSummary.
Following the sale, Christianson still directly owns 62,919 shares, suggesting the transaction represents only a modest portion of his equity position. The footnote notes that 2,410 shares were acquired under the 2019 Employee Stock Purchase Plan, highlighting ongoing participation in employee ownership programs. The filing does not reference any Rule 10b5-1 trading plan in the provided excerpt.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $125.00 | $375K |
Footnotes (1)
- F1. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
Key Figures
Key Terms
open-market sale financial
Sale in open market or private transaction financial
Employee Stock Purchase Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Palomar Holdings (PLMR) report for President Jon Christianson?
Was the Palomar Holdings (PLMR) insider sale by Jon Christianson an open-market transaction?
Does Jon Christianson’s Palomar Holdings (PLMR) position include Employee Stock Purchase Plan shares?
Did the Palomar Holdings (PLMR) Form 4 show any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.