Form 4: Palomar Holdings Chief Risk Officer Reports Stock Transactions

Jonathan Knutzen, Chief Risk Officer of Palomar Holdings, reports the acquisition and disposal of common stock and restricted stock units.

Summary

• On May 18, 2025, Jonathan Knutzen, Chief Risk Officer of Palomar Holdings, engaged in transactions involving the company's stock.
• Knutzen acquired 612 shares of common stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.00.
• He also disposed of 281 shares of common stock at a price of $159.03 to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Knutzen directly owns 20,879 shares of common stock and 3,672 derivative securities (Restricted Stock Units).

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

• The vesting of RSUs indicates a continued incentive for the Chief Risk Officer.

Negatives

• The sale of shares to cover tax obligations, while standard, slightly reduces the officer's holdings.

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 and tax obligation management.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Palomar Holdings, PLMR, Jonathan Knutzen, Chief Risk Officer, Form 4, Stock Transaction, RSU, Restricted Stock Units, Employee Stock Purchase Plan, ESPP