Form 4: Palomar Holdings President Jon Christianson Sells Shares

Palomar Holdings President Jon Christianson sold 2,000 shares of common stock on June 20, 2024, at a weighted average price of $81.2126.

Summary

• On June 20, 2024, Jon Christianson, President of Palomar Holdings, Inc., sold 2,000 shares of common stock.
• The sale was executed at a weighted average price of $81.2126 per share.
• The price range for the shares sold was between $80.81 and $81.48.
• Following the transaction, Christianson directly owns 53,761 shares of Palomar Holdings, Inc.
• 2,021 shares of Common Stock were purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).

Sentiment

Score: 5

Explanation: Neutral. This is a routine disclosure of an insider stock sale. The transaction itself doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a standard Form 4 filing, indicating an insider transaction. Such filings are common and provide transparency into the trading activities of company executives.

Stakeholder Impact

• The sale of shares by a company president could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates