Form 4: Palomar Holdings Chief Legal Officer Reports Stock Transactions

Angela L. Grant, Chief Legal Officer of Palomar Holdings, Inc., reports the vesting and sale of restricted stock units (RSUs) to cover tax obligations.

Summary

• On January 29, 2025, Angela L. Grant, Chief Legal Officer of Palomar Holdings, Inc., reported transactions involving Palomar Holdings common stock.
• Grant acquired 1,094 shares of common stock through the vesting of restricted stock units (RSUs).
• Simultaneously, 394 shares were sold at a price of $108.34 to cover tax withholding obligations related to the RSU vesting.
• Grant also acquired 3,019 new RSUs.
• Following these transactions, Grant directly owns 4,485 shares of common stock and 3,019 RSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the trading activities of company executives.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the sale of shares by an executive to cover tax obligations, which is a common occurrence.

Key Dates