Armstrong Mac 4
4 · Palomar Holdings, Inc. · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
Palomar (PLMR) CEO Armstrong Mac Sells 3,500 Shares
What Happened
- Armstrong Mac, CEO, Chairman and Director of Palomar Holdings (PLMR), sold a total of 3,500 shares in open-market transactions on April 21, 2026, receiving approximately $457,679 in aggregate proceeds. The sales were executed in three lots: 1,622 shares at a weighted avg price of $129.91 ($210,706), 678 shares at $131.11 ($88,893), and 1,200 shares at $131.73 ($158,080). These transactions are sales (code S), not purchases.
Key Details
- Transaction date: April 21, 2026 (filed Apr 22, 2026) — filing appears timely.
- Lots, prices and proceeds:
- 1,622 shares @ weighted avg $129.9052 (range $129.48–$130.46) = $210,706
- 678 shares @ weighted avg $131.1113 (range $130.48–$131.32) = $88,893
- 1,200 shares @ weighted avg $131.7333 (range $131.50–$132.01) = $158,080
- Total: 3,500 shares sold for ~$457,679.
- Shares owned after the transaction: not specified in the provided filing.
- Notable footnotes:
- F1: Filing indicates inclusion of 2,754 shares purchased under Palomar’s 2019 ESPP (related to holdings disclosure).
- F2: The reported prices are weighted averages; the reporting person can provide a full breakdown of how many shares sold at each specific price within the ranges on request.
Context
- These were open-market sales by the company’s CEO/Chairman. Sales are often routine (liquidity, portfolio management, tax reasons) and do not by themselves indicate the insider’s view of the company’s prospects. Purchases tend to be more directly interpreted as bullish signals.
Insider Transaction Report
Form 4
Armstrong Mac
DirectorCEO and Chairman
Transactions
- Sale
Common Stock (RSUs)
[F2]2026-04-21$129.91/sh−1,622$210,706→ 338,266 total(indirect: By Trust) - Sale
Common Stock (RSUs)
[F2]2026-04-21$131.11/sh−678$88,893→ 337,588 total(indirect: By Trust) - Sale
Common Stock (RSUs)
[F2]2026-04-21$131.73/sh−1,200$158,080→ 336,388 total(indirect: By Trust)
Holdings
- 102,059
Common Stock
[F1]
Footnotes (2)
- [F1]Includes 2,754 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 $129.48 to $130.46 (weighted average of $129.9052), inclusive; $130.48 to $131.32 (weighted average of $131.1113); and $131.50 to $132.01 (weighted average of $131.7333). 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.
Signature
/s/ Angela Grant, Attorney-in-Fact|2026-04-22