Palomar Holdings, Inc. SEC Filings

Palomar Holdings, Inc. President Jon Christianson reported an open-market sale of 3,000 shares of common stock at $125.00 per share. After this transaction, he directly holds 62,919 shares of Palomar common stock. His holdings include 2,410 shares previously purchased under the company’s 2019 Employee Stock Purchase Plan.

Morgan Stanley Smith Barney LLC filed a Rule 144 notice listing 4,937 shares of Common Stock to be sold on 04/07/2026 following an exercise of stock options with cash settlement. The filing also records recent sales by Jon Christianson in January–February 2026 totaling several thousand shares and corresponding proceeds.

Palomar Holdings Inc Schedule 13G/A amendment shows The Vanguard Group reports beneficial ownership of 0 shares, representing 0% of the common stock. The filing explains an internal realignment effective January 12, 2026 under SEC Release No. 34-39538 that prompted disaggregated reporting by Vanguard subsidiaries. The form is signed by Ashley Grim on 03/27/2026.

Palomar Holdings, Inc. CEO and Chairman Mac Armstrong, through the Armstrong Family Trust, reported open-market sales of a total of 3,500 shares of common stock on March 23, 2026.

The shares were sold in multiple transactions at weighted average prices of $118.3340, $119.4680, $120.7757, and $121.7400, within intraday ranges from $117.84 to $122.11. Following these sales, the trust held 339,888 shares indirectly, and Armstrong also reported 99,006 shares held directly, which includes 2,754 shares purchased through the company’s 2019 Employee Stock Purchase Plan.

Armstrong Family Trust and Mac Armstrong reported multiple Rule 144 sales of Common Stock. The filing lists restricted stock units of 3,500 with an issuer date of 01/27/2026 and documents open‑market 10b5‑1 sales on 01/15/2026, 01/21/2026, 01/28/2026, 01/29/2026, 01/31/2026, and 02/12/2026

The entries show specific quantities and proceeds for each transaction (for example, 5,000 shares sold on 02/12/2026 for $612,997.50 and 11,484 shares sold on 01/28/2026 for $1,376,701.92), indicating affiliate sales executed under trading instructions. The broker listed is Morgan Stanley Smith Barney LLC.

Palomar Holdings, Inc. is a fast-growing specialty property and casualty insurer focused on earthquake, casualty, inland marine/other property, crop and fronting business. Gross written premiums reached $2.0 billion for the year ended December 31, 2025, up from $1.54 billion in 2024, with earthquake accounting for 28% of premiums and California representing 31% of 2025 premiums.

The company has been profitable since 2016 and reports 2014–2025 compound annual growth of about 55% in gross written premiums and 46% in net income, with 2025 ROE of 23.6% and adjusted ROE of 25.9%. Palomar continues to expand through new products and acquisitions, including FIA (surety), AAP (crop MGA), and Gray Surety, and supports this growth with a new unsecured $450 million credit facility maturing in 2031.

A comprehensive reinsurance program limits single-event pre-tax net losses to $20 million for earthquakes and $11 million for hurricanes, with earthquake coverage up to $3.1 billion and Hawaii hurricane coverage up to $735 million. Investments totaled about $1.35 billion at December 31, 2025, primarily high-grade fixed maturities. The filing also highlights a data-driven underwriting platform, multi-channel distribution, strong A.M. Best ratings for its insurance subsidiaries, and detailed risk factors including catastrophe exposure, climate change, reinsurance availability, and regulatory and technology risks.

Palomar Holdings, Inc. released an updated investor presentation highlighting strong 2025 growth and profitability. Gross written premiums reached $2,028,252,000, up 31.5%, while net income rose to $197,070,000, a 67.6% increase. Adjusted net income was $216,115,000, up 61.9%, with an adjusted combined ratio of 72.7% and adjusted return on equity of 25.9%.

Fourth quarter adjusted net income was $61,116,000, up 48.0%, and the adjusted combined ratio was 73.4%. The company closed the Gray Surety acquisition on January 31, 2026, described as modestly EPS accretive in 2026. For 2026, Palomar guides to adjusted net income of $260,000,000–$275,000,000, implying 24% growth at the midpoint and adjusted ROE above 20%.

Palomar Holdings, Inc. reports that Chief Financial Officer T Christopher Uchida had 1,530 Restricted Stock Units vest and convert into common stock on February 18, 2026. A sale of 783 common shares at $128.04 per share was also reported that day, and the company notes that shares may be automatically sold under a mandatory sell-to-cover provision to satisfy minimum statutory tax withholding obligations when RSUs vest. The original RSU grant was 30,594 shares on November 18, 2021, with updated multi-year vesting terms. Following these transactions, Uchida held 14,752 common shares directly.

Palomar Holdings, Inc. president Jon Christianson reported routine equity compensation activity involving restricted stock units (RSUs). On February 18, 2026, 1,020 RSUs were exercised and converted into an equal number of common shares at a price of $0.00 per share.

On the same date, 522 common shares were sold at $128.04 per share in an open‑market transaction that the company executed automatically under a mandatory sell‑to‑cover provision to satisfy minimum tax withholding tied to the RSU vesting. After these transactions, Christianson directly held 65,919 common shares and 3,060 RSUs, which include 2,410 shares previously purchased through the 2019 Employee Stock Purchase Plan.