Notaras Martha 4

What Happened

• Martha Notaras, a director of Palomar Holdings, exercised stock options on June 2, 2026 to acquire 1,722 shares at an exercise price of $58.06 per share, for a total exercise cost of $99,979. The filing also shows a corresponding disposition of 1,722 derivative shares at $0.00 on the same date.

Key Details

• Transaction date: 2026-06-02; Form 4 filed: 2026-06-03 (appears timely).
• Reported transactions: Exercise/conversion of derivative (code M) — 1,722 shares acquired @ $58.06 (total $99,979); 1,722 shares disposed @ $0.00 (derivative).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — 50% of the option shares vested Feb 12, 2021; remaining shares vested in twelve equal monthly installments thereafter.
• No 10b5-1 plan or tax-withholding note was explicitly provided in the filing text supplied.

Context

• For option exercises, a matching reported disposition at $0.00 commonly indicates shares were withheld or net-settled to cover exercise costs or tax withholding rather than an open-market sale. The primary event here is an exercise (acquisition of shares) rather than a market sale.