RSU grant lifts Palomar (PLMR) director holdings to 8,074 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRADLEY THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
Palomar Holdings, Inc. director Thomas A. Bradley reported receiving a grant of 1,304 shares of common stock in the form of Restricted Stock Units under the company’s 2019 Equity Incentive Plan. The RSUs vest in full on the earlier of the first anniversary of the grant date or the next annual stockholder meeting.
Each unit represents a right to receive one share of common stock, and Bradley now directly holds 8,074 shares after this award. The transaction is a compensation-related grant at no cash cost per share, not an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRADLEY THOMAS A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,074 shares (Direct, null)
Footnotes (1)
- The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan. Subject to the Reporting Person's continued service, the RSUs shall vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date or (2) the next annual meeting of stockholders of the Company. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSUs granted: 1,304 units
Grant price per share: $0.00 per share
Shares after transaction: 8,074 shares
3 metrics
RSUs granted
1,304 units
Restricted Stock Units granted to director Thomas A. Bradley
Grant price per share
$0.00 per share
Reported transaction price for the RSU award
Shares after transaction
8,074 shares
Bradley’s direct Palomar common stock holdings after the grant
Key Terms
Restricted Stock Units (RSUs), 2019 Equity Incentive Plan, Grant Date, contingent right
4 terms
Restricted Stock Units (RSUs) financial
"The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
2019 Equity Incentive Plan financial
"RSUs granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan"
Grant Date financial
"vest in full upon the earlier to occur of (1) the first anniversary of the Grant Date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What did Thomas A. Bradley report in his latest Form 4 for Palomar (PLMR)?
Thomas A. Bradley reported receiving 1,304 Restricted Stock Units from Palomar as equity compensation. These RSUs convert to common stock if vesting conditions are met, increasing his direct holdings to 8,074 shares after the transaction.
When do Thomas A. Bradley’s newly granted Palomar RSUs vest?
The RSUs vest in full upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. Vesting is conditioned on Bradley’s continued service with Palomar through that vesting event.
What does each Palomar RSU granted to Thomas A. Bradley represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Palomar’s common stock. Once the vesting conditions are satisfied, the RSUs convert into actual shares that are then added to Bradley’s direct holdings.