Armstrong Mac 4

What Happened
Armstrong Mac, CEO, Chairman and a director of Palomar Holdings, Inc. (PLMR), sold a total of 5,000 shares in open-market transactions on January 21, 2026, generating approximately $644,983 in proceeds. The sales were reported on a Form 4 filed January 22, 2026. The dispositions were executed in four blocks: 1,048 shares, 1,655 shares, 2,256 shares, and 41 shares at weighted-average prices of $127.84, $128.67, $129.75, and $130.29, respectively.

Key Details

• Transaction date: 2026-01-21 (reported on Form 4 on 2026-01-22 — filed timely).
• Total shares sold: 5,000; total proceeds: ~$644,983.
• Price details: sales ranged from $127.18 to $130.29 across multiple trades; weighted averages per block reported (see filing footnote).
• Footnote F1: notes inclusion of 2,652 shares purchased under the company's 2019 ESPP.
• Footnote F2: explains the quoted column prices are weighted averages across multiple sale prices and that the reporting person will provide detailed price-by-price information upon request.
• Shares owned after the transaction: not specified in the provided excerpt — see the full Form 4 for post-transaction holdings.

Context
This is an open-market sale (transaction code S). Sales by executives can reflect portfolio management, tax obligations, or other personal reasons and should not be read automatically as a signal about company fundamentals. Purchases tend to be a stronger bullish indicator for retail investors; this filing documents a routine insider sale rather than an acquisition or option exercise.