Palomar Holdings (PLMR) legal chief reports PSU vesting, RSUs and tax sale

Rhea-AI Filing Summary

Palomar Holdings Chief Legal Officer Angela L. Grant reported equity compensation and related share activity in the company’s stock. On January 28, 2026, a previously granted performance stock unit (PSU) award vested after the Compensation Committee confirmed that required financial performance goals were met and the service period was completed.

This vesting resulted in 3,827 shares of common stock being earned. To cover minimum tax withholding obligations from this vesting, 1,447 shares were automatically sold by the company at $119.88 per share under a mandatory sell-to-cover provision. After these transactions, Grant directly held 5,242 shares of common stock (from PSUs) and 2,862 additional common shares.

Grant also received a new grant of 3,581 restricted stock units (RSUs) at no cost. These RSUs are scheduled to vest in three equal annual installments starting on the first anniversary of the January 28, 2026 grant date, subject to her continued service with Palomar.

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

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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^*

Grant Angela L.

(Last) (First) (Middle)

7979 IVANHOE AVENUE, SUITE 500

(Street)

LA JOLLA CA 92037

(City) (State) (Zip)

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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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								2,862	D
Common Stock (PSUs)	01/28/2026(1)		M		3,827(2)	A	$0.00	6,689	D
Common Stock (PSUs)	01/28/2026		S(3)		1,447	D	$119.88	5,242	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 (RSUs)	$0.00	01/28/2026		A		3,581		(4)	(4)	Common Stock	3,581	$0.00	3,581	D

Explanation of Responses:

1. Represents the date on which the Compensation Committee ratified the achievement of certain company financial performance criteria related to a previously granted performance stock unit ("PSU") award causing the award to become vested.

2. Represents the number of shares of common stock determined to have been earned and vested from a previously granted PSU award. The PSU award was granted on 1/31/2023 and vested based on i. the grantee completing the required service period through 1/1/2026 and ii. the Compensation Committee ratifying the number of shares earned based on the achievement of certain company financial performance criteria.

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

4. The original RSU grant was for 3,581 shares on 1/28/2026. Subject to continuing service with the Company, the restricted stock units shall vest as follows: one-third (1/3) shall vest on the first year anniversary of the date of the grant; an additional one-third (1/3) shall vest on the second year anniversary of the date of the grant; and the final one-third (1/3) shall vest on the third year anniversary of the date of grant.

Remarks:

	/s/ Angela Grant	01/30/2026
	** 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).
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FAQ

What insider transactions did Palomar (PLMR) report for Angela Grant?

Angela Grant reported PSU vesting, a tax-related share sale, and a new RSU grant. 3,827 common shares vested from a performance stock unit award, 1,447 shares were sold to cover taxes, and 3,581 restricted stock units were granted subject to multi‑year vesting.

How many Palomar (PLMR) shares vested from Angela Grant’s PSU award?

3,827 shares of Palomar common stock vested from Angela Grant’s PSU award. The award, granted on January 31, 2023, vested after she completed service through January 1, 2026 and the Compensation Committee ratified performance goal achievement and shares earned.

Why were 1,447 Palomar (PLMR) shares sold in Angela Grant’s Form 4?

1,447 shares were sold automatically to cover tax withholding on PSU vesting. The company sold these shares at $119.88 each under a mandatory sell‑to‑cover provision in the PSU agreement when the award vested and tax obligations arose.

What RSU grant did Angela Grant receive from Palomar (PLMR)?

Angela Grant received 3,581 restricted stock units (RSUs) on January 28, 2026. The RSUs vest in three equal annual installments on the first, second, and third anniversaries of the grant date, contingent on her continued service with Palomar Holdings.

How many Palomar (PLMR) shares does Angela Grant hold after the reported transactions?

After the transactions, Angela Grant directly held 5,242 PSU-related shares and 2,862 additional common shares. She also beneficially owned 3,581 RSUs, which represent rights to receive Palomar common stock as they vest over three years.

What role did performance criteria play in Angela Grant’s Palomar (PLMR) PSU vesting?

The PSU vesting depended on company financial performance and service completion. The Compensation Committee ratified that performance criteria were achieved and confirmed Grant completed the service period through January 1, 2026, which triggered vesting of 3,827 common shares.