Palomar president sells shares after option exercise

Palomar Holdings, Inc. President Jon Christianson reported an option exercise and related stock sales.

Rhea-AI Filing Summary

Palomar Holdings, Inc. President Jon Christianson reported an option exercise and related stock sales. On April 15, 2026, he exercised 1,937 employee stock options at an exercise price of $15.0000 per share, acquiring the same number of common shares.

That same day he sold 1,937 shares of Palomar common stock in open-market transactions at weighted average prices of about $128.5921 and $129.3333 per share, plus an additional 80 shares at a weighted average price of $129.3333 per share. After these transactions, Christianson directly owned 65,999 shares of Palomar common stock. A footnote notes that 2,410 of his shares were purchased through the company’s 2019 Employee Stock Purchase Plan.

Insider Trade Summary 10b5-1

Exercise and Sale: 1,937 shares ($220K approx. pre-tax spread)

Exercise and Sale 4 txns

Insider Christianson Jon

Role President

Sold 1,937 shs ($249K)

Approx. gross sale proceeds $249K

Approx. exercise cost $29K

Approx. pre-tax spread $220K

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	1,937	$0.00	$0.00
Exercise	Common Stock	1,937	$15.00	$29K
Sale	Common Stock	1,857	$128.5921	$239K
Sale	Common Stock	80	$129.3333	$10K

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 65,919 shares (Direct)

Footnotes (3)

1. F1. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.0100 to $128.9600 (weighted average of $128.5921), inclusive; $129.1600 to $129.4300 (weighted average of $129.3333), inclusive. 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.
3. F3. Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.

Key Figures

Options exercised: 1,937 shares Exercise price: $15.0000/share Shares sold (total): 1,937 shares +5 more

8 metrics

Options exercised 1,937 shares Employee stock options exercised on April 15, 2026 at $15.00

Exercise price <money>$15.0000</money>/share Employee Stock Option (Right to Buy)

Shares sold (total) 1,937 shares Open-market sales on April 15, 2026

Additional shares sold 80 shares Separate open-market sale on April 15, 2026

Weighted average sale price 1 <money>$128.5921</money>/share Sales in range $128.0100–$128.9600

Weighted average sale price 2 <money>$129.3333</money>/share Sales in range $129.1600–$129.4300

Shares owned after 65,999 shares Direct Palomar common stock ownership after transactions

ESPP shares included 2,410 shares Purchased under 2019 Employee Stock Purchase Plan

Key Terms

Employee Stock Option (Right to Buy), weighted average price, Employee Stock Purchase Plan (ESPP), vest and become exercisable, +1 more

5 terms

Employee Stock Option (Right to Buy) financial

"security_title: "Employee Stock Option (Right to Buy)""

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Employee Stock Purchase Plan (ESPP) financial

"Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP)."

vest and become exercisable financial

"Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020..."

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Palomar (PLMR) President Jon Christianson do in this Form 4 filing?

Jon Christianson reported exercising stock options and selling Palomar shares. He exercised 1,937 options at $15.00 per share, then sold 1,937 shares in open-market trades, plus an additional 80 shares, and ended with 65,999 shares directly owned.

How many Palomar (PLMR) shares did Jon Christianson sell and at what prices?

Christianson sold 1,937 Palomar common shares and a separate 80-share block. The trades occurred at weighted average prices of approximately $128.5921 and $129.3333 per share, across multiple individual transactions within those price ranges on April 15, 2026.

What stock options did Jon Christianson exercise in Palomar (PLMR)?

He exercised 1,937 employee stock options with a $15.00 exercise price into an equal number of Palomar common shares. The option grant originally vested 50% on April 16, 2020, with the remainder vesting in twelve equal monthly installments thereafter.

How many Palomar (PLMR) shares does Jon Christianson own after these transactions?

After completing the option exercise and related sales, Christianson directly owned 65,999 shares of Palomar common stock. This figure includes 2,410 shares purchased through Palomar Holdings, Inc.’s 2019 Employee Stock Purchase Plan, as disclosed in the Form 4 footnotes.

Were Jon Christianson’s Palomar (PLMR) stock sales single trades or multiple transactions?

The sales were executed as multiple transactions. A footnote explains that the reported prices are weighted averages for trades within ranges of $128.01 to $128.96 and $129.16 to $129.43, and that detailed trade-by-trade data is available upon request.

What happens to Jon Christianson’s Palomar (PLMR) stock options after this Form 4?

The Form 4 shows an employee stock option for 1,937 shares being fully exercised, leaving zero options remaining from that grant. The option had a $15.00 exercise price and an expiration date of April 16, 2029, prior to its exercise into common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/16/2026 - 04:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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).

X

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/15/2026		M		1,937	A	$15	67,856(1)	D
Common Stock	04/15/2026		S		1,857	D	$128.5921(2)	65,999(1)	D
Common Stock	04/15/2026		S		80	D	$129.3333(2)	65,919(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	$15	04/15/2026		M			1,937	(3)	04/16/2029	Common Stock	1,937	$0.00	0	D

Explanation of Responses:

1. Includes 2,410 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.0100 to $128.9600 (weighted average of $128.5921), inclusive; $129.1600 to $129.4300 (weighted average of $129.3333), inclusive. 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.

3. Fifty percent (50%) of the option shares vest and become exercisable on April 16, 2020 and the remaining option shares vest and become exercisable in twelve (12) equal monthly installments thereafter.

Remarks:

	/s/ Angela Grant, Attorney-in-Fact	04/16/2026
	** Signature of Reporting Person	Date
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)