Armstrong Mac 4

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.