Palomar (PLMR) CEO Armstrong Mac Sells 3,500 Shares

What Happened

• Armstrong Mac, CEO, Chairman and a director of Palomar Holdings, sold 3,500 shares in multiple open-market transactions on July 21, 2026, generating total proceeds of approximately $480,425.
• The disposals were reported as four lots: 2,103 shares at a weighted avg $136.70 ($287,477); 937 shares at $137.74 ($129,061); 260 shares at $138.47 ($36,001); and 200 shares at $139.43 ($27,886). These sales are coded "S" (sale).

Key Details

• Transaction date: 2026-07-21. Form 4 filed: 2026-07-22 (filed promptly).
• Per-footnote details (F2): the reported prices are weighted averages. The individual sale price ranges were $136.18–$137.17 (weighted $136.6983); $137.18–$138.16 (weighted $137.7382); $138.41–$138.52 (weighted $138.4658); and $139.43 (weighted $139.4300). The reporting person will provide the full per-price breakdown on request.
• Footnote (F1): the beneficial ownership disclosed includes 2,754 shares purchased under Palomar’s 2019 Employee Stock Purchase Plan (ESPP).
• The excerpt provided does not list the total number of shares Armstrong Mac owned after these transactions; see the full SEC filing for the post-transaction beneficial ownership amount.

Context

• These were open-market sales (routine dispositions), not purchases or option exercises. Sales by insiders are common and can reflect personal financial planning rather than company outlook; retail investors should use insider purchases as stronger signals of confidence. For any additional breakdown of exact prices per share, the filer offers to provide that information upon request.