Palomar Holdings (PLMR) CEO’s family trust sells 5,000 shares

Rhea-AI Filing Summary

Palomar Holdings CEO and Chairman Mac Armstrong reported that the Armstrong Family Trust sold a total of 5,000 shares of Palomar common stock on January 21, 2026. The sales were executed in multiple trades at weighted average prices of $127.8419, $128.6661, $129.7523, and $130.2893 per share. After these transactions, the trust held 348,388 shares indirectly, while Armstrong also held 80,314 shares directly.

The directly held amount includes 2,652 shares acquired through Palomar’s 2019 Employee Stock Purchase Plan, indicating ongoing participation in the employee equity program even as the family trust trimmed its position.

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

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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).

X

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^*

Armstrong Mac

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026

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								80,314(1)	D
Common Stock	01/21/2026		S		1,048	D	$127.8419(2)	352,340	I	By Armstrong Family Trust
Common Stock	01/21/2026		S		1,655	D	$128.6661(2)	350,685	I	By Armstrong Family Trust
Common Stock	01/21/2026		S		2,256	D	$129.7523(2)	348,429	I	By Armstrong Family Trust
Common Stock	01/21/2026		S		41	D	$130.2893(2)	348,388	I	By Armstrong Family Trust

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

Explanation of Responses:

1. Includes 2,652 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.18 to $128.17 (weighted average of $127.8419), inclusive, $128.24 to $129.15 (weighted average of $128.6661), $129.24 to $130.21 (weighted average of $129.7523), and $130.26 to $130.29 (weighted average of $130.2893). 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.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	01/22/2026
	** 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 transaction did Palomar Holdings (PLMR) disclose for Mac Armstrong?

Palomar Holdings disclosed that shares of common stock were sold by the Armstrong Family Trust, an entity associated with CEO and Chairman Mac Armstrong, on January 21, 2026. The transactions involved multiple open-market sales reported in a regulatory filing.

How many Palomar Holdings shares did the Armstrong Family Trust sell on January 21, 2026?

On January 21, 2026, the Armstrong Family Trust sold a total of 5,000 shares of Palomar Holdings common stock in several separate trades, as shown by the reported sale quantities of 1,048, 1,655, 2,256, and 41 shares.

At what prices were the Palomar Holdings (PLMR) shares sold by the Armstrong Family Trust?

The Armstrong Family Trust sales were executed at weighted average prices of $127.8419, $128.6661, $129.7523, and $130.2893 per share, with each figure reflecting multiple trades within a price range disclosed in the filing’s footnotes.

How many Palomar Holdings shares does Mac Armstrong hold after the reported transactions?

After the reported sales, Mac Armstrong held 80,314 shares directly of Palomar common stock and the Armstrong Family Trust held 348,388 shares indirectly, according to the beneficial ownership figures listed.

What role does Mac Armstrong have at Palomar Holdings (PLMR)?

Mac Armstrong is identified as both a Director and an Officer of Palomar Holdings, serving as CEO and Chairman, which makes these trust transactions a reportable insider activity.

Does the Form 4 mention Palomar’s Employee Stock Purchase Plan (ESPP)?

Yes. A footnote states that the directly owned position of 80,314 shares includes 2,652 shares purchased under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan, highlighting participation in the ESPP.