Form 4: Palomar Holdings Chief Risk Officer Jonathan Knutzen Reports Stock Transactions
SEC Form 4 Filing
Jonathan Knutzen, Chief Risk Officer of Palomar Holdings, reports the vesting of restricted stock units (RSUs) and subsequent sale of shares to cover tax obligations.
Summary
- On January 26, 2025, Jonathan Knutzen, the Chief Risk Officer of Palomar Holdings, Inc., engaged in transactions involving the company's common stock.
- These transactions included the vesting of 889 restricted stock units (RSUs) and the sale of 278 shares at a price of $101.69 to cover tax withholding obligations.
- Following these transactions, Knutzen directly owns 18,638 shares of Palomar Holdings common stock, which includes 1,335 shares purchased through the company's Employee Stock Purchase Plan (ESPP).
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates standard compensation practices involving RSUs and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 01/26/2022 | Original RSU grant date for 2,667 shares. |
| 01/26/2025 | Date of RSU vesting and stock sale. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
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