Armstrong Mac 4
4 · Palomar Holdings, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Palomar (PLMR) CEO & Chairman Armstrong Mac Sells 3,500 Shares
What Happened
Armstrong Mac, Palomar Holdings, Inc. (PLMR) CEO and Chairman, sold a total of 3,500 shares in open-market transactions on May 21, 2026, generating total proceeds of approximately $400,362. The sales were 1,328 shares at a weighted average price of $113.9306 (proceeds ~$151,300) and 2,172 shares at a weighted average price of $114.6693 (proceeds ~$249,062). These were outright sales (transaction code S), which are routine dispositions rather than purchases.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely filed).
- Prices and ranges (per filing footnote):
- 1,328 shares sold at weighted avg $113.9306; underlying sale prices ranged $113.34–$114.32.
- 2,172 shares sold at weighted avg $114.6693; underlying sale prices ranged $114.37–$115.25.
- The reporting person offers to provide a full breakdown of shares sold at each separate price on request (footnote F2).
- Total proceeds: ~$400,362.
- Footnote F1: Reporting person’s holdings include 2,754 shares acquired under the Palomar 2019 ESPP.
- Shares owned after the transactions are not specified in the excerpt of this filing.
Context
These transactions are sales (not purchases or option exercises) and therefore should be read as routine insider selling unless accompanied by other disclosures. The filing appears timely (reported the next day), and the filing discloses that the per-share prices shown are weighted averages across multiple trades.
Insider Transaction Report
- Sale
Common Stock (RSUs)
[F2]2026-05-21$113.93/sh−1,328$151,300→ 335,060 total(indirect: By Trust) - Sale
Common Stock (RSUs)
[F2]2026-05-21$114.67/sh−2,172$249,062→ 332,888 total(indirect: By Trust)
- 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 $113.34 to $114.32 (weighted average of $113.9306), inclusive; $114.37 to $115.25 (weighted average of $114.6693). 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.