Armstrong Mac 4

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.