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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,048 | $127.8419 | $134K |
| Sale | Common Stock | 1,655 | $128.6661 | $213K |
| Sale | Common Stock | 2,256 | $129.7523 | $293K |
| Sale | Common Stock | 41 | $130.2893 | $5K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes 2,652 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP). 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.
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.
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.