Form 4: Palomar Holdings Director Thomas A. Bradley Reports Stock Transaction
SEC Form 4 Filing
Director Thomas A. Bradley of Palomar Holdings, Inc. reports the vesting and disposal of restricted stock units on February 28, 2025.
Summary
- On February 28, 2025, Thomas A. Bradley, a director of Palomar Holdings, Inc., reported a transaction involving restricted stock units (RSUs).
- The transaction involved the vesting of 1,331 RSUs, which converted into 1,331 shares of common stock.
- Following the transaction, Bradley directly owns 6,055 shares of Palomar Holdings, Inc.
- The RSUs vested in full on the first anniversary of the grant date, which was February 28, 2024.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company insider, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine vesting of previously granted equity.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Original Restricted Stock Unit (RSU) grant date for 1,331 shares. |
| 02/28/2025 | RSUs vested in full and were converted to common stock; transaction date. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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