Carter Timothy 4

What Happened

• Timothy Carter, Chief People Officer of Palomar Holdings, received a grant of 2,166 restricted stock units (RSUs) on January 28, 2026. The transaction is reported as an award (derivative) with a reported acquisition price of $0.00 — this reflects a grant, not a cash purchase.

Key Details

• Transaction date: 2026-01-28 (Form 4 filed 2026-01-30 — appears timely within the usual two-business-day reporting window).
• Amount: 2,166 RSUs; reported price: $0.00 (award/derivative).
• Vesting: Per the filing footnote, the RSUs vest in three equal installments: one-third on each of the first, second and third anniversaries of the grant, subject to continued service.
• Shares owned after the transaction: Not specified in the information provided in this summary.
• No sale or market purchase was made — this is a compensation award, not a buy/sell signal.

Context

• RSUs are a form of equity compensation that convert into shares (or cash equivalent) only as they vest; they do not represent immediately tradable stock. Because this is a time-based award subject to service-based vesting, it’s routine executive compensation rather than an immediate market transaction.