Palomar (PLMR) director granted 1,304 RSUs of common stock as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bradley Daryl reported acquisition or exercise transactions in this Form 4 filing.
Palomar Holdings, Inc. reported that director Bradley Daryl received an equity award in the form of 1,304 Restricted Stock Units (RSUs) of common stock. Each RSU represents a contingent right to receive one share of Palomar common stock.
According to the terms, the RSUs will vest in full upon the earlier of the first anniversary of the grant date or the next annual meeting of stockholders, assuming he continues in service. Following this grant, Daryl directly holds 7,312 shares of Palomar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bradley Daryl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 7,312 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
Shares after transaction: 7,312 shares
Grant price per unit: $0.0000 per share
3 metrics
RSUs granted
1,304 units
Equity award to director Bradley Daryl
Shares after transaction
7,312 shares
Common stock held directly after RSU grant
Grant price per unit
$0.0000 per share
Reported transaction price for RSU award
Key Terms
Restricted Stock Units (RSUs), 2019 Equity Incentive Plan, Grant Date, annual meeting of stockholders
4 terms
Restricted Stock Units (RSUs) financial
"The amount reported reflects Restricted Stock Units (RSUs) granted to the Reporting Person pursuant to Issuer's 2019 Equity Incentive Plan."
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 or (2) the next annual meeting of stockholders"
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.
annual meeting of stockholders financial
"the RSUs shall vest in full upon the earlier to occur of ... the next annual meeting of stockholders of the Company."