4/A: Palomar Holdings CLO Amends Form 4 for RSU Transaction Date

Palomar Holdings' Chief Legal Officer, Angela L. Grant, filed an amended Form 4 to correct a clerical error regarding the transaction date for RSU vesting and tax-related share sales.

Summary

• Angela L. Grant, Chief Legal Officer of Palomar Holdings, Inc., filed an amended Form 4 (Form 4/A).
• The amendment corrects a clerical error in the transaction date for previously reported RSU transactions.
• The correct transaction date for the reported transactions is January 29, 2026, not February 2, 2026, as originally filed.
• On January 29, 2026, 1,094 shares of Common Stock (RSUs) were acquired at a price of $0.00.
• Following this acquisition, the reporting person beneficially owned 6,336 shares.
• Also on January 29, 2026, 397 shares of Common Stock (RSUs) were disposed of at a price of $122.042 per share.
• This disposition was an automatic sell-to-cover to satisfy minimum statutory tax withholding obligations upon the RSU vesting event.
• After the disposition, the reporting person beneficially owned 5,939 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine administrative correction of a clerical error in an insider trading report, with no direct operational or financial implications for the company.

Positives

• The company's Chief Legal Officer is ensuring accuracy in SEC filings by promptly correcting a clerical error.
• The RSU vesting indicates continued compensation and retention of key management personnel.

Negatives

• A clerical error in an initial filing, though corrected, highlights a minor administrative oversight.

Future Outlook

No forward-looking statements or guidance are provided in this administrative filing.

Management Comments

• This amended filing corrects the transaction date on a form previously filed on 2/2/2026 which contained the wrong transaction date due to a clerical error.

Industry Context

StockSavvy.ai notes that routine Form 4 filings, even amended ones for clerical errors, are standard for public company executives. They provide transparency into insider transactions but typically do not reflect broader industry trends unless they involve significant, unusual trading patterns. This specific amendment is administrative in nature.

Stakeholder Impact

• Shareholders: Minimal impact. Ensures accuracy of insider transaction records, which is beneficial for transparency, but the correction itself is not material to investment decisions.
• Management: Ensures compliance with SEC reporting requirements.

Key Dates

Recommendation

This filing is an administrative correction of a clerical error in a Form 4, detailing routine RSU vesting and a tax-related share sale by a Chief Legal Officer. It offers no new material information regarding the company's operational performance, financial health, or strategic direction that would justify a change in an existing investment position. Therefore, a 'hold' recommendation is appropriate as the filing is neutral in its implications.

Keywords

Palomar Holdings, PLMR, Form 4/A, SEC filing, insider transaction, Angela L. Grant, Chief Legal Officer, RSU vesting, stock transaction, tax withholding, beneficial ownership