Jon Christianson - Jan 12, 2024 Form 4 Insider Report for Palomar Holdings, Inc. (PLMR)

Role
President
Signature
/s/ Angela Grant, Attorney-in-Fact
Stock symbol
PLMR
Transactions as of
Jan 12, 2024
Transactions value $
-$120,000
Form type
4
Date filed
1/16/2024, 06:33 PM
Previous filing
Jan 3, 2024
Next filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLMR Common Stock Sale -$120K -2K -2.78% $60.00 70K Jan 12, 2024 Direct F1, F2
holding PLMR Common Stock 72K Jan 12, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 Includes 1,781 shares of Common Stock purchased pursuant to the Palomar Holdings, Inc. 2019 Employee Stock Purchase Plan (ESPP).