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Palomar (PLMR) CLO Angela Grant logs RSU vesting, auto tax sales near $122

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Palomar Holdings, Inc. Chief Legal Officer Angela L. Grant reported multiple equity compensation transactions involving restricted stock units (RSUs) that vested and converted into common stock, with related tax-withholding sales.

On January 29, 2026, 1,094 RSUs and 1,006 RSUs were converted into common stock at $0.00 per share. In connection with these vestings, 397 shares and 365 shares of common stock were automatically sold by the company at $122.042 and $122.0439 per share pursuant to a mandatory sell-to-cover provision to satisfy minimum statutory tax withholding obligations. On January 31, 2026, a further 713 RSUs vested and converted into common stock at $0.00 per share, and 260 shares were automatically sold at $121.7451 per share for the same tax-withholding purpose. After these transactions, Grant directly beneficially owned 7,033 shares of Palomar common stock.

Positive

  • None.

Negative

  • None.
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*
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)
01/29/2026
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 5,242 D
Common Stock (RSUs) 01/29/2025 M 1,094 A $0.00 6,336 D
Common Stock (RSUs) 01/29/2025 S(1) 397 D $122.042 5,939 D
Common Stock (RSUs) 01/29/2026 M 1,006 A $0.00 6,945 D
Common Stock (RSUs) 01/29/2026 S(1) 365 D $122.0439 6,580 D
Common Stock (RSUs) 01/31/2026 M 713 A $0.00 7,293 D
Common Stock (RSUs) 01/31/2026 S(1) 260 D $121.7451 7,033 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 01/29/2026 M 1,094 (2) (2) Common Stock 1,094 $0.00 1,094 D
Restricted Stock Units (RSUs) $0.00 01/29/2026 M 1,006 (3) (3) Common Stock 1,006 $0.00 2,013 D
Restricted Stock Units (RSUs) $0.00 01/31/2026 M 713 (4) (4) Common Stock 713 $0.00 0 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. The original RSU grant was for 3,282 shares on 1/29/2024. 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.
3. The original RSU grant was for 3,019 shares on 1/29/2025. 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.
4. The original RSU grant was for 2,138 shares on 1/31/2023. 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 02/02/2026
** 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.

FAQ

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

Palomar disclosed that Chief Legal Officer Angela L. Grant had several RSU vesting events that converted into common stock, along with automatic share sales used to cover minimum statutory tax withholding obligations tied to those vestings.

How many Palomar (PLMR) RSUs vested for Angela Grant in January 2026?

In January 2026, Angela Grant had RSU vestings of 1,094 units, 1,006 units, and 713 units. Each RSU converted into one share of Palomar common stock at an exercise price of $0.00 per share.

At what prices were Palomar (PLMR) shares sold to cover Angela Grant’s taxes?

Shares sold to cover tax withholding were executed at prices of $122.042, $122.0439, and $121.7451 per share. These sales were made automatically under a mandatory sell-to-cover provision in the RSU award agreements.

Were Angela Grant’s Palomar (PLMR) stock sales discretionary trades?

The filing states that the reported stock sales were automatic, carried out by the company under a mandatory sell-to-cover provision solely to satisfy minimum statutory tax withholding obligations triggered by RSU vesting.

How many Palomar (PLMR) shares does Angela Grant own after these transactions?

Following the reported RSU conversions and related tax sales, Chief Legal Officer Angela L. Grant directly beneficially owned 7,033 shares of Palomar common stock, according to the share balance shown after the final reported transaction.

What are the key dates of Angela Grant’s Palomar (PLMR) RSU transactions?

The key transaction dates are January 29, 2026 and January 31, 2026. On these dates, multiple RSU tranches vested, converted into common stock at $0.00 per share, and triggered related tax-withholding sales.
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3.29B
25.84M
2.46%
94.37%
1.53%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
LA JOLLA