Palomar CEO sells 3,500 shares in planned trade
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Rhea-AI Filing Summary
Palomar Holdings, Inc. (PLMR) reported that CEO and Chairman Mac Armstrong, through the Armstrong Family Trust, sold a total of 3,500 shares of common stock on August 21, 2026 in three open-market transactions at weighted average prices of $129.6514, $130.4942, and $131.3684. The sales occurred in multiple trades within stated price ranges and are affirmed as made pursuant to a Rule 10b5-1 trading plan. Separately, Armstrong directly holds 160,068 shares of common stock, which includes 2,754 shares acquired through the 2019 Employee Stock Purchase Plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 369 | $129.6514 | $48K |
| Sale | Common Stock F2 | 2,339 | $130.4942 | $305K |
| Sale | Common Stock F2 | 792 | $131.3684 | $104K |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (2)
- F1. Includes 2,754 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.9550 to $129.9400 (weighted average of $129.6514), inclusive; $130.0200 to $131.0100 (weighted average of $130.4942), inclusive; $131.0400 to $131.7700 (weighted average of $131.3684). 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.
Key Figures
Key Terms
Rule 10b5-1 regulatory
weighted average price financial
Employee Stock Purchase Plan (ESPP) financial
FAQ
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What insider transaction did PLMR disclose for CEO Mac Armstrong?
Were Mac Armstrong’s PLMR stock sales under a Rule 10b5-1 plan?
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