Form 4: Palomar Holdings CFO Sells Shares Under Pre-Arranged Trading Plan

Palomar Holdings, Inc.'s Chief Financial Officer, T. Christopher Uchida, sold 500 shares of common stock for $158.69 per share on June 18, 2025, under a Rule 10b5-1 trading plan.

Summary

• T. Christopher Uchida, the Chief Financial Officer of Palomar Holdings, Inc. (PLMR), reported a transaction involving the company's common stock.
• On June 18, 2025, Mr. Uchida disposed of 500 shares of Palomar Holdings common stock.
• The shares were sold at a price of $158.69 per share.
• Following this transaction, Mr. Uchida beneficially owns 7,420 shares of Palomar Holdings common stock.
• The transaction was executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating it was a pre-scheduled sale.

Sentiment

Score: 5

Explanation: The sentiment is neutral. The sale of shares by the CFO was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new information. The number of shares sold (500) is a relatively small portion of the CFO's remaining holdings (7,420 shares), suggesting no strong negative sentiment.

Negatives

• The sale of shares by an insider, even under a pre-arranged plan, reduces the overall insider ownership percentage.

Future Outlook

This SEC Form 4 filing pertains to an insider stock transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide broader industry context or trends. It is specific to the individual's holdings in Palomar Holdings, Inc.

Stakeholder Impact

• Shareholders: The transaction represents a minor reduction in insider ownership, which is generally a neutral to slightly negative signal, though mitigated by the 10b5-1 plan.

Key Dates

Recommendation

Keywords

Palomar Holdings, PLMR, SEC Form 4, Insider Trading, Stock Sale, Chief Financial Officer, T. Christopher Uchida, Rule 10b5-1, Beneficial Ownership