Form 4: Palomar Holdings CEO Sells Shares
Insider Transaction (Form 4)
Mac Armstrong, CEO and Chairman and a Director of Palomar Holdings, Inc., sold 60,741 shares of common stock on July 15, 2026 for $131.66 per share.
Summary
- Option exercise/conversion: acquired 6,250 Common Stock (RSUs) on July 15, 2026; holds 108,309 after (Direct).
- Open-market sale: disposed of 3,197 Common Stock (RSUs) at $131.66 ($420,917) on July 15, 2026; holds 105,112 after (Direct).
- Option exercise/conversion: acquired 112,500 Common Stock (PSUs) on July 15, 2026; holds 217,612 after (Direct).
- Open-market sale: disposed of 57,544 Common Stock (PSUs) at $131.66 ($7,576,243) on July 15, 2026; holds 160,068 after (Direct).
- Option exercise/conversion: disposed of 6,250 Restricted Stock Units (RSUs) on July 15, 2026 (Direct).
- Option exercise/conversion: disposed of 112,500 Performance Share Units (PSUs) on July 15, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $7,997,160 of stock on the open market.
Insider Transactions
Mac Armstrong — Director, Officer (CEO and Chairman)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-15 | Option exercise/conversion | Common Stock (RSUs) | 6,250 | — | — | 108,309 |
| 2026-07-15 | Open-market sale | Common Stock (RSUs) | 3,197 | $132 | $420.9K | 105,112 |
| 2026-07-15 | Option exercise/conversion | Common Stock (PSUs) | 112,500 | — | — | 217,612 |
| 2026-07-15 | Open-market sale | Common Stock (PSUs) | 57,544 | $132 | $7.6M | 160,068 |
| 2026-07-15 | Option exercise/conversion | Restricted Stock Units (RSUs) | 6,250 | — | — | 0 |
| 2026-07-15 | Option exercise/conversion | Performance Share Units (PSUs) | 112,500 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-15 | Option exercise/conversion (6,250 shares) |
| 2026-07-15 | Open-market sale (3,197 shares) |
| 2026-07-15 | Option exercise/conversion (112,500 shares) |
| 2026-07-15 | Open-market sale (57,544 shares) |
| 2026-07-15 | Option exercise/conversion (6,250 shares) |
| 2026-07-15 | Option exercise/conversion (112,500 shares) |
Keywords
insider transaction, Form 4, PLMR, Palomar Holdings, Inc., bearish, Mac Armstrong
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