Armstrong Mac 4
4 · Palomar Holdings, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
Palomar (PLMR) CEO Armstrong Mac Sells 5,000 Shares
What Happened
Armstrong Mac, CEO, Chairman and a director of Palomar Holdings, sold a total of 5,000 shares on February 12, 2026 in multiple open‑market/private sale transactions, totaling $612,997 (~$613K). The individual sale blocks reported were:
- 300 shares @ $117.58 = $35,273
- 1,100 shares @ $119.42 = $131,367
- 500 shares @ $120.57 = $60,287
- 246 shares @ $121.32 = $29,845
- 1,308 shares @ $123.63 = $161,712
- 1,023 shares @ $124.78 = $127,646
- 100 shares @ $126.15 = $12,615
- 423 shares @ $128.25 = $54,252
This filing reports sales (S), which are commonly routine dispositions and do not necessarily indicate a change in the insider’s view of the company.
Key Details
- Transaction date: February 12, 2026; Form 4 filed February 13, 2026 (filed promptly).
- Price detail: Sales executed across a range of $117.27 to $128.40 (see footnote F2 for weighted averages per block).
- Total sold: 5,000 shares for $612,997.
- Shares owned after transaction: Not disclosed in the provided data.
- Notable footnotes: F1 notes inclusion of 2,652 shares purchased under Palomar’s 2019 ESPP in the reporting person’s holdings; F2 explains the reported prices are weighted averages from multiple executions and provides per-range weighted averages.
- No 10b5‑1 plan, gift, option exercise, or tax‑withholding detail was reported in the provided excerpt.
Context
Sales by executives can be routine (diversification, tax planning, ESPP sale timing, etc.) and do not alone indicate company outlook. Purchases are generally viewed as stronger signals of confidence; this filing records only open‑market sales. If you want the insider’s remaining stake or any related trading plan details, request the full Form 4 or the company’s filings for ownership schedules.
Insider Transaction Report
- Sale
Common Stock
[F2]2026-02-12$117.58/sh−300$35,273→ 348,088 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$119.42/sh−1,100$131,367→ 346,988 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$120.57/sh−500$60,287→ 346,488 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$121.32/sh−246$29,845→ 346,242 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$123.63/sh−1,308$161,712→ 344,934 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$124.78/sh−1,023$127,646→ 343,911 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$126.15/sh−100$12,615→ 343,811 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-02-12$128.25/sh−423$54,252→ 343,388 total(indirect: By Trust)
- 98,904
Common Stock
[F1]
Footnotes (2)
- [F1]Includes 2,652 shares purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.27 to $117.73 (weighted average of $117.5767), inclusive; $119.02 to $119.88 (weighted average of $119.4245),inclusive; $120.12 to $121.02 (weighted average of $120.5740), inclusive; $121.16 to $121.5 (weighted average of $121.3225), inclusive; $123.12 to $124.04 (weighted average of $123.6333), inclusive; $124.23 to $125.15 (weighted average of $124.7764), inclusive; $126.06 to $126.17 (weighted average of $126.1469), inclusive; and $127.51 to $128.4 (weighted average of $128.2546), 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.