Armstrong Mac 4

What Happened

• Mac Armstrong, Palomar Holdings, Inc. (PLMR) CEO and Chairman, sold a total of 3,500 shares in open-market transactions on June 22, 2026. He disposed of 2,005 shares for approximately $226,004 (weighted avg $112.7204; trades ranged $112.16–$113.11) and 1,495 shares for approximately $169,351 (weighted avg $113.2784; trades ranged $113.19–$113.50). Total proceeds were about $395,355. These transactions were sales (not purchases).

Key Details

• Transaction date: 2026-06-22 (reported on Form 4 filed 2026-06-24)
• Transaction type/code: Open-market sale (S)
• Shares sold: 2,005 @ weighted avg $112.7204 (range $112.16–$113.11) and 1,495 @ weighted avg $113.2784 (range $113.19–$113.50)
• Gross proceeds: ~ $395,355 total
• Shares owned after transaction: Not specified in the provided filing details
• Notable footnotes:
  • F1: Includes 2,754 shares purchased pursuant to the Palomar 2019 Employee Stock Purchase Plan (ESPP).
  • F2: The prices reported are weighted averages; the reporting person can provide the exact number of shares sold at each price within the ranges on request.
• Filing timeliness: Form 4 was filed two days after the transaction date (no late filing indicated).

Context

• This filing documents outright sales by the CEO. Sales are common for liquidity, diversification, or tax reasons and do not, by themselves, indicate management’s view of the company. No option exercises, awards, or gifts are reported in these transactions.