Vanguard discloses 10.18% stake in Palomar Holdings (PLMR) common stock
Rhea-AI Filing Summary
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 2,698,278 shares of Palomar Holdings Inc. common stock, representing 10.18% of the class as of 12/31/2025.
Vanguard reports no sole voting power, with 189,596 shares subject to shared voting power. It has sole dispositive power over 2,475,347 shares and shared dispositive power over 222,931 shares.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Palomar Holdings. Dividends and sale proceeds are attributable to Vanguard’s clients, and no single other person has an interest in more than 5% of the class.
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FAQ
What percentage of Palomar Holdings (PLMR) does The Vanguard Group report owning?
The Vanguard Group reports beneficial ownership of 10.18% of Palomar Holdings Inc. common stock as disclosed in the Schedule 13G/A.
How many Palomar Holdings (PLMR) shares does Vanguard beneficially own?
The filing states that The Vanguard Group beneficially owns 2,698,278 shares of Palomar Holdings Inc. common stock.
What voting power does Vanguard have over its Palomar Holdings (PLMR) shares?
Vanguard reports 0 shares with sole voting power and 189,596 shares with shared voting power in Palomar Holdings common stock.
What dispositive power does Vanguard hold over Palomar Holdings (PLMR) shares?
The filing shows Vanguard has sole dispositive power over 2,475,347 shares and shared dispositive power over 222,931 shares of Palomar Holdings common stock.
Is Vanguard seeking to influence control of Palomar Holdings (PLMR) with this stake?
No. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Palomar Holdings.
Who ultimately benefits from the Palomar Holdings (PLMR) shares reported by Vanguard?
The filing notes that The Vanguard Group, Inc.'s clients, including registered investment companies and other managed accounts, have the right to receive dividends and sale proceeds, and no one other person has an interest of more than 5% of the class.
What type of reporting person is The Vanguard Group in this Palomar Holdings (PLMR) filing?
The Schedule 13G/A classifies The Vanguard Group as an investment adviser (IA) under the applicable SEC rules.