Palomar (PLMR) Chief People Officer awarded 2,166 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palomar Holdings, Inc. granted restricted stock units to a senior executive. Chief People Officer Carter Timothy received an award of 2,166 restricted stock units (RSUs) on January 28, 2026, reported as a derivative security transaction with no cash exercise price.
The filing states that, subject to continued service with the company, one-third of the RSUs will vest on the first anniversary of the grant date, another third on the second anniversary, and the final third on the third anniversary. After this grant, Timothy beneficially owns 2,166 derivative securities directly in the form of RSUs tied to Palomar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carter Timothy
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 2,166 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 2,166 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Palomar Holdings (PLMR) disclose in this Form 4 filing?
Palomar Holdings reported a grant of 2,166 restricted stock units to Chief People Officer Carter Timothy on January 28, 2026. The RSUs are derivative securities tied to Palomar common stock and are subject to multi-year vesting based on continued service with the company.
Who is the insider involved in this Palomar Holdings (PLMR) Form 4?
The insider is Carter Timothy, Palomar Holdings’ Chief People Officer. The Form 4 shows a direct beneficial ownership of 2,166 restricted stock units received as an equity award, reflecting his role as an executive officer rather than a director or 10% shareholder.
How many restricted stock units were granted in the Palomar (PLMR) Form 4?
The Form 4 reports a grant of 2,166 restricted stock units. These RSUs are recorded as derivative securities with a price per unit of $0.00, reflecting that they are equity-based compensation rather than shares purchased in the open market for cash.
What is the vesting schedule of the RSUs granted to the Palomar (PLMR) executive?
The 2,166 RSUs vest in three equal installments over three years. One-third vests on the first anniversary of the January 28, 2026 grant date, another third on the second anniversary, and the remaining third on the third anniversary, contingent on continued service.
Are the Palomar (PLMR) RSUs held directly or indirectly by the reporting person?
The Form 4 indicates the 2,166 restricted stock units are held under direct ownership by Carter Timothy. There is no reference to an intermediary entity or indirect beneficial ownership structure in the reported transaction or related footnote.
Does this Palomar (PLMR) Form 4 represent a purchase or a compensation grant?
This Form 4 reflects a compensation grant rather than a market purchase. The transaction code is “A” for an acquisition of derivative securities, with 2,166 restricted stock units awarded at a price of $0.00 as part of equity-based executive compensation.