[Form 4] Palomar Holdings, Inc. Common stock Insider Trading Activity
Jon Christianson, President and director of Palomar Holdings, Inc. (PLMR), reported equity activity tied to restricted stock units and an employee purchase plan. A tranche of 1,020 RSUs vested and were recorded as acquired at no cost; to satisfy tax withholding the company sold 521 shares at $120.13 under a mandatory sell-to-cover provision. After these transactions he beneficially owns 59,036 shares (which includes 2,313 shares acquired under the 2019 ESPP). The filing also shows 5,100 RSUs remain outstanding and directly held as derivative securities, with 1,020 units newly vested.
Jon Christianson, presidente e amministratore di Palomar Holdings, Inc. (PLMR), ha comunicato movimenti azionari legati a unit脿 azionarie vincolate (RSU) e al piano di acquisto dipendenti. Un lotto di 1.020 RSU 猫 maturato ed 猫 stato registrato come acquisito senza costo; per soddisfare le ritenute fiscali la societ脿 ha venduto 521 azioni a $120,13 in virt霉 di una disposizione obbligatoria di vendita per copertura. Dopo queste operazioni detiene utilmente 59.036 azioni (comprese 2.313 azioni ottenute tramite l'ESPP 2019). La comunicazione indica inoltre che 5.100 RSU restano in essere e sono detenute direttamente come strumenti derivati, con 1.020 unit脿 appena maturate.
Jon Christianson, presidente y director de Palomar Holdings, Inc. (PLMR), inform贸 actividad accionaria relacionada con unidades restringidas (RSU) y el plan de compra para empleados. Un tramo de 1.020 RSU venci贸 y se registr贸 como adquirido sin costo; para cubrir la retenci贸n de impuestos la compa帽铆a vendi贸 521 acciones a $120,13 bajo una disposici贸n obligatoria de venta para cubrir impuestos. Tras estas operaciones posee beneficiariamente 59.036 acciones (que incluyen 2.313 acciones adquiridas a trav茅s del ESPP 2019). El informe tambi茅n muestra que 5.100 RSU permanecen vigentes y est谩n mantenidas directamente como valores derivados, con 1.020 unidades recientemente vencidas.
Jon Christianson(Palomar Holdings, Inc. (PLMR) 須岇灔 瓴� 鞚挫偓)電� 鞝滍暅欤检嫕雼渼(RSU) 氚� 歆侅洂 甑Г 瓿勴殟瓿� 甏�霠悳 欤检嫕 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 1,020 RSU臧� 氩犾姢韺�(頇曥爼)霅橃柎 氍挫儊鞙茧 旆摑霅� 瓴冹溂搿� 旮半霅橃棃瓿�, 靹戈笀 鞗愳矞歆曥垬毳� 於╇嫻頃橁赴 鞙勴暣 須岇偓電� 鞚橂鞝� 毵る弰-旎る矂 臁绊暛鞐� 霐半澕 521欤茧ゼ 欤茧嫻 $120.13鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 頉� 攴鸽姅 鞙犾澋頃橁矊 59,036欤�毳� 氤挫湢頃橁碃 鞛堨溂氅�(鞐赴鞐愲姅 2019雲� ESPP搿� 旆摑頃� 2,313欤�臧� 韽暔霅�) 氤搓碃靹滌棎電� 霕愴暅 5,100 RSU臧� 鞐爠頌� 氙胳旮� 靸來儨搿� 韺岇儩歃濌秾鞙茧 歆侅爲 氤挫湢 欷戩澊氅� 攴胳 1,020雼渼臧� 靸堧 氩犾姢韺呺悩鞐堧嫟瓿� 雮橃檧 鞛堨姷雼堧嫟.
Jon Christianson, pr茅sident et administrateur de Palomar Holdings, Inc. (PLMR), a d茅clar茅 des mouvements de titres li茅s aux unit茅s d'actions restreintes (RSU) et au plan d'achat pour employ茅s. Une tranche de 1 020 RSU a acquis le droit et a 茅t茅 comptabilis茅e comme obtenue sans contrepartie聽; pour couvrir la retenue fiscale, la soci茅t茅 a vendu 521 actions 脿 120,13 $ dans le cadre d'une disposition obligatoire de vente pour couvrir l'imp么t. Apr猫s ces op茅rations, il poss猫de b茅n茅ficiairement 59 036 actions (comprenant 2 313 actions acquises via l'ESPP 2019). Le d茅p么t indique 茅galement que 5 100 RSU restent en circulation et sont d茅tenues directement comme titres d茅riv茅s, dont 1 020 unit茅s viennent d'锚tre acquises.
Jon Christianson, Pr盲sident und Direktor von Palomar Holdings, Inc. (PLMR), meldete Aktienbewegungen im Zusammenhang mit Restricted Stock Units (RSU) und dem Mitarbeiterkaufprogramm. Eine Tranche von 1.020 RSUs ist vestiert und wurde als unentgeltlich erworben verbucht; zur Begleichung der Steuerabz眉ge verkaufte das Unternehmen 521 Aktien zu $120,13 im Rahmen einer verpflichtenden Sell-to-Cover-Regelung. Nach diesen Transaktionen h盲lt er wirtschaftlich 59.036 Aktien (别颈苍蝉肠丑濒颈别脽濒颈肠丑 2.313 Aktien, die 眉ber das ESPP 2019 erworben wurden). Die Meldung zeigt au脽erdem, dass 5.100 RSUs weiterhin ausstehen und direkt als derivative Wertpapiere gehalten werden, wobei 1.020 Einheiten neu vestiert sind.
- RSU vesting demonstrates continued compensation alignment with shareholders via equity-based pay
- ESPP participation (2,313 shares) shows management invested alongside employees
- Clear disclosure of mandatory sell-to-cover and remaining RSU schedule supports transparency
- Mandatory sell-to-cover reduced the insider's direct share count by 521 shares
- Outstanding RSUs (5,100) represent future dilution potential if settled in shares
Insights
TL;DR: Routine executive compensation vesting with partial sell-to-cover tax sale; modest net increase in vested shares but overall insider holdings remain stable.
The reported activity reflects a typical post-vesting mechanics: 1,020 RSUs vested and 521 shares were sold automatically to cover tax obligations at $120.13 per share. Net beneficial ownership after the events is 59,036 shares, including ESPP purchases. This transaction is administrative rather than a discretionary open-market sale, so it conveys limited new information about management's view of company valuation. The remaining 5,100 RSU-linked shares indicate continued deferred compensation exposure to Palomar's share price.
TL;DR: Governance processes operated as designed: mandatory sell-to-cover used to meet withholding; disclosures are complete for the items reported.
The filing discloses the nature of the tax-withholding mechanism and the inclusion of ESPP shares in beneficial ownership, which supports transparency around insider holdings. The presence of outstanding RSUs that vest over time aligns executive incentives with shareholder outcomes. No unusual transactions, pledging, or transfers to affiliates are reported that would raise governance flags.
Jon Christianson, presidente e amministratore di Palomar Holdings, Inc. (PLMR), ha comunicato movimenti azionari legati a unit脿 azionarie vincolate (RSU) e al piano di acquisto dipendenti. Un lotto di 1.020 RSU 猫 maturato ed 猫 stato registrato come acquisito senza costo; per soddisfare le ritenute fiscali la societ脿 ha venduto 521 azioni a $120,13 in virt霉 di una disposizione obbligatoria di vendita per copertura. Dopo queste operazioni detiene utilmente 59.036 azioni (comprese 2.313 azioni ottenute tramite l'ESPP 2019). La comunicazione indica inoltre che 5.100 RSU restano in essere e sono detenute direttamente come strumenti derivati, con 1.020 unit脿 appena maturate.
Jon Christianson, presidente y director de Palomar Holdings, Inc. (PLMR), inform贸 actividad accionaria relacionada con unidades restringidas (RSU) y el plan de compra para empleados. Un tramo de 1.020 RSU venci贸 y se registr贸 como adquirido sin costo; para cubrir la retenci贸n de impuestos la compa帽铆a vendi贸 521 acciones a $120,13 bajo una disposici贸n obligatoria de venta para cubrir impuestos. Tras estas operaciones posee beneficiariamente 59.036 acciones (que incluyen 2.313 acciones adquiridas a trav茅s del ESPP 2019). El informe tambi茅n muestra que 5.100 RSU permanecen vigentes y est谩n mantenidas directamente como valores derivados, con 1.020 unidades recientemente vencidas.
Jon Christianson(Palomar Holdings, Inc. (PLMR) 須岇灔 瓴� 鞚挫偓)電� 鞝滍暅欤检嫕雼渼(RSU) 氚� 歆侅洂 甑Г 瓿勴殟瓿� 甏�霠悳 欤检嫕 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 1,020 RSU臧� 氩犾姢韺�(頇曥爼)霅橃柎 氍挫儊鞙茧 旆摑霅� 瓴冹溂搿� 旮半霅橃棃瓿�, 靹戈笀 鞗愳矞歆曥垬毳� 於╇嫻頃橁赴 鞙勴暣 須岇偓電� 鞚橂鞝� 毵る弰-旎る矂 臁绊暛鞐� 霐半澕 521欤茧ゼ 欤茧嫻 $120.13鞐� 毵る弰頄堨姷雼堧嫟. 鞚� 瓯半灅 頉� 攴鸽姅 鞙犾澋頃橁矊 59,036欤�毳� 氤挫湢頃橁碃 鞛堨溂氅�(鞐赴鞐愲姅 2019雲� ESPP搿� 旆摑頃� 2,313欤�臧� 韽暔霅�) 氤搓碃靹滌棎電� 霕愴暅 5,100 RSU臧� 鞐爠頌� 氙胳旮� 靸來儨搿� 韺岇儩歃濌秾鞙茧 歆侅爲 氤挫湢 欷戩澊氅� 攴胳 1,020雼渼臧� 靸堧 氩犾姢韺呺悩鞐堧嫟瓿� 雮橃檧 鞛堨姷雼堧嫟.
Jon Christianson, pr茅sident et administrateur de Palomar Holdings, Inc. (PLMR), a d茅clar茅 des mouvements de titres li茅s aux unit茅s d'actions restreintes (RSU) et au plan d'achat pour employ茅s. Une tranche de 1 020 RSU a acquis le droit et a 茅t茅 comptabilis茅e comme obtenue sans contrepartie聽; pour couvrir la retenue fiscale, la soci茅t茅 a vendu 521 actions 脿 120,13 $ dans le cadre d'une disposition obligatoire de vente pour couvrir l'imp么t. Apr猫s ces op茅rations, il poss猫de b茅n茅ficiairement 59 036 actions (comprenant 2 313 actions acquises via l'ESPP 2019). Le d茅p么t indique 茅galement que 5 100 RSU restent en circulation et sont d茅tenues directement comme titres d茅riv茅s, dont 1 020 unit茅s viennent d'锚tre acquises.
Jon Christianson, Pr盲sident und Direktor von Palomar Holdings, Inc. (PLMR), meldete Aktienbewegungen im Zusammenhang mit Restricted Stock Units (RSU) und dem Mitarbeiterkaufprogramm. Eine Tranche von 1.020 RSUs ist vestiert und wurde als unentgeltlich erworben verbucht; zur Begleichung der Steuerabz眉ge verkaufte das Unternehmen 521 Aktien zu $120,13 im Rahmen einer verpflichtenden Sell-to-Cover-Regelung. Nach diesen Transaktionen h盲lt er wirtschaftlich 59.036 Aktien (别颈苍蝉肠丑濒颈别脽濒颈肠丑 2.313 Aktien, die 眉ber das ESPP 2019 erworben wurden). Die Meldung zeigt au脽erdem, dass 5.100 RSUs weiterhin ausstehen und direkt als derivative Wertpapiere gehalten werden, wobei 1.020 Einheiten neu vestiert sind.
FAQ
What insider transactions did Jon Christianson report on PLMR Form 4?
How many RSUs remain outstanding for Jon Christianson after the reported transactions?
Does the Form 4 indicate any discretionary open-market sales by the reporting person?
Are any ESPP shares included in the reported beneficial ownership?
What was the price per share for the shares sold to cover taxes?
