Fallon Catriona M 4
Research Summary
AI-generated summary
Palomar (PLMR) Director Catriona Fallon Receives RSU Award
What Happened
- Catriona M. Fallon, a director of Palomar Holdings, Inc. (PLMR), received a grant of 1,304 restricted stock units (RSUs) on 2026-05-21. The reported acquisition price is $0.00, so there was no cash paid by the insider at grant. Each RSU represents a contingent right to one share of Palomar common stock, subject to vesting conditions.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26.
- Transaction type: Award/Grant (RSUs); reported amount: 1,304 RSUs at $0.00 (no immediate cash value).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote summary: RSUs vest in full upon the earlier of (1) the first anniversary of the grant date or (2) the next annual meeting of stockholders, provided continued service. Each RSU converts to one share when/if vested.
- Filing timing: The Form 4 was filed five days after the grant date; investors may want to review the filing for timeliness relative to SEC reporting rules.
Context
- RSU grants are a common form of equity compensation for directors and employees. They do not immediately increase share count until vested and converted to stock, and they require continued service (or other conditions) to vest. This award is informational about compensation and does not by itself indicate a buy or sell signal.