Notaras Martha 4

What Happened
Martha Notaras, a director of Palomar Holdings, was granted 1,304 restricted stock units (RSUs) on May 21, 2026. The reported acquisition price is $0.00, indicating an RSU award rather than a market purchase or sale. No immediate cash value or total dollar amount is reported in the filing.

Key Details

• Transaction type: Award / Grant (code A) — 1,304 RSUs granted on 2026-05-21 at $0.00.
• Filing date: 2026-05-26 (filed five days after the grant); Form 4s are generally due within two business days of the transaction, so this filing appears to be late by one business day.
• Shares owned following the transaction: not specified in the provided filing details.
• Footnotes: (F1) RSUs granted under the Issuer's 2019 Equity Incentive Plan; vesting in full upon the earlier of (1) the first anniversary of the grant date or (2) the next annual meeting of stockholders, subject to continued service. (F2) Each RSU represents a contingent right to one share of common stock.

Context
RSU grants are a common form of executive/director compensation and represent a promise to receive shares in the future if vesting conditions are met; they are not immediate purchases of stock. Because these units vest over time (or upon a future event), they should be viewed as compensation rather than an immediate market bet by the insider. The late filing may be worth noting for compliance tracking but does not itself indicate trading activity.