Armstrong Mac 4

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.