Palomar (PLMR) CLO Angela Grant logs RSU vesting, auto tax sales near $122
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 1,022 shares ($124,650)
Net Sell
10 txns
Insider
Grant Angela L.
Role
Chief Legal Officer
Sold
1,022 shs ($125K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSUs) | 713 | $0.00 | -- |
| Exercise | Common Stock (RSUs) | 713 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 260 | $121.7451 | $32K |
| Exercise | Restricted Stock Units (RSUs) | 1,094 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSUs) | 1,006 | $0.00 | -- |
| Exercise | Common Stock (RSUs) | 1,006 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 365 | $122.0439 | $45K |
| holding | Common Stock | -- | -- | -- |
| Exercise | Common Stock (RSUs) | 1,094 | $0.00 | -- |
| Sale | Common Stock (RSUs) | 397 | $122.042 | $48K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 0 shares (Direct);
Common Stock (RSUs) — 7,293 shares (Direct);
Common Stock — 5,242 shares (Direct)
Footnotes (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. 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. 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. 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.
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.
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.
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.