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Palomar Holdings (PLMR) president sells shares to cover RSU taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Palomar Holdings, Inc. (PLMR) reported insider equity activity by its President, Jon Christianson. On 2026-08-18, 1,020 RSUs vested and were converted into common stock, and 528 shares were then automatically sold under a mandatory sell-to-cover provision at $127.7463 per share to satisfy minimum statutory tax withholding obligations. The RSUs relate to an original 20,396-share grant from 2021 that vests over several years, and the President’s holdings also include 2,471 shares purchased through the company’s 2019 Employee Stock Purchase Plan.

Positive

  • None.

Negative

  • None.
Insider Christianson Jon
Role President
Sold 528 shs ($67K)
Approx. gross sale proceeds $67K
Approx. exercise cost $0.00
Type Security Shares Price Value
Exercise Restricted Stock Units (RSUs) F3 1,020 $0.00 $0.00
Exercise Common Stock (RSUs) F2 1,020 $0.00 $0.00
Sale Common Stock (RSUs) F1, F2 528 $127.7463 $67K
Holdings After Transaction: Restricted Stock Units (RSUs) — 1,020 shares (Direct); Common Stock (RSUs) — 66,970 shares (Direct)
Footnotes (3)
  1. F1. 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.
  2. F2. Includes 2,471 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
  3. F3. The original RSU grant was for 20,396 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 4,079 units shall vest on the first year anniversary of the date of the grant; 4,079 units shall vest on the second year anniversary of the date of the grant; 4,078 units shall vest on the third year anniversary of the date of grant; and 1,020 units shall vest quarterly following the third anniversary date of the grant.
RSUs vested and converted 1,020 shares Restricted Stock Units converted into common stock on 2026-08-18
Shares sold (sell-to-cover) 528 shares Automatic sale to cover tax withholding on 2026-08-18
Sale price per share $127.7463 per share Price for 528-share automatic sale on 2026-08-18
Original RSU grant size 20,396 shares RSU award granted on 11/18/2021
ESPP shares held 2,471 shares Shares purchased under Palomar Holdings, Inc. 2019 ESPP
Restricted Stock Units (RSUs) financial
"The original RSU grant was for 20,396 shares on 11/18/2021."
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.
sell-to-cover provision financial
"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"
minimum statutory tax withholding obligations financial
"required to cover minimum statutory tax withholding obligations that became due upon the RSU vesting event"
Employee Stock Purchase Plan (ESPP) financial
"Includes 2,471 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP)."

FAQ

What insider transactions did PLMR’s President Jon Christianson report on August 18, 2026?

Jon Christianson reported 1,020 RSUs vesting and converting into Palomar Holdings, Inc. common stock and an automatic sale of 528 shares on 2026-08-18 under a mandatory sell-to-cover provision to cover tax withholding.

How many PLMR shares did Jon Christianson sell and at what price?

He reported an automatic sale of 528 shares of Palomar Holdings, Inc. common stock at a per-share price of $127.7463, executed pursuant to a mandatory sell-to-cover provision to satisfy minimum statutory tax withholding obligations upon RSU vesting.

How many Palomar Holdings, Inc. RSUs vested for Jon Christianson in this Form 4?

A tranche of 1,020 restricted stock units (RSUs) vested and was converted into an equal number of Palomar Holdings, Inc. common shares as part of an RSU grant originally covering 20,396 shares awarded on 11/18/2021.

Was the PLMR share sale by Jon Christianson discretionary or for tax withholding?

The Form 4 states the 528-share sale was automatically executed by Palomar Holdings, Inc. under a mandatory sell-to-cover provision in the RSU award agreement to cover minimum statutory tax withholding obligations triggered by the RSU vesting.

What prior RSU grant underlies Jon Christianson’s 2026 RSU vesting at PLMR?

The vesting relates to an RSU grant of 20,396 shares made on 11/18/2021. The award vests in annual tranches of 4,079, 4,079, and 4,078 units on the first three anniversaries, with 1,020 units vesting quarterly after the third anniversary.

Does Jon Christianson hold PLMR shares from the Employee Stock Purchase Plan?

Yes. The filing notes his holdings include 2,471 shares purchased under the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP), which are part of his reported common stock position.

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SEC Form 4
FORM 4UNITED 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
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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*
Christianson Jon

(Last)(First)(Middle)
7979 IVANHOE AVENUE, SUITE 500

(Street)
LA JOLLA CALIFORNIA 92037

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Palomar Holdings, Inc. [ PLMR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock (RSUs)08/18/2026M1,020A$0.0067,498(2)D
Common Stock (RSUs)08/18/2026S(1)528D$127.746366,970(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSUs)$0.0008/18/2026M1,020 (3) (3)Common Stock1,020$0.001,020D
Explanation of Responses:
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.
2. Includes 2,471 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
3. The original RSU grant was for 20,396 shares on 11/18/2021. Subject to continuing service with the Company, the restricted stock units shall vest as follows: 4,079 units shall vest on the first year anniversary of the date of the grant; 4,079 units shall vest on the second year anniversary of the date of the grant; 4,078 units shall vest on the third year anniversary of the date of grant; and 1,020 units shall vest quarterly following the third anniversary date of the grant.
Remarks:
/s/ Angela Grant, Attorney-in-Fact08/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)