$PLMR

Armstrong Mac sold $484K of PLMR (indirect holdings)

Armstrong Mac (CEO and Chairman) sold 3,500 indirectly-held shares of Palomar Holdings, Inc. (PLMR) at an average of $138.31 ($137.60–$139.25, $0.48M total) across 3 trades on 2026-10-21 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Armstrong Mac
Published Oct 22, 2026, 8:15 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 22, 2026, 8:18 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$PLMR
Bearish
medium confidence
Mentioned
$PLMR
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PLMRBearishLow
01

Why it matters

The disclosed sale is small relative to market cap, likely causing only minor price movement.

02

Market read

A routine insider sale with limited trading relevance.

03

What to watch

Potential upcoming corporate actions or financing needs not disclosed in the filing.

Relevance 3/10Novelty 3/10Timing: after market today

Background

SEC Form 4 filing discloses insider transactions for public companies.

Company-level read

Ticker impact

$PLMRBearishMedium confidence
Context

CEO Armstrong Mac sold 3,500 PLMR shares for $484,097 via a 10b5-1 plan, reducing his stake to 315,388 shares.

Expected impact

likely slight downward pressure as the market prices in the insider sell.

Evidence & confidence

The transaction size is modest ($0.5M) and disclosed via a Form 4, so impact is limited but may signal short‑term weakness.

Market effects

Minimal effect on the broader biotech sector.

No regional impact.

Limited to PLMR investors.

Counterpoint

The sale could be routine under a pre‑arranged plan and not indicate any negative fundamentals.

Key entities

  • Palomar Holdings, Inc.

    Biotech firm listed on NASDAQ under ticker PLMR.

  • Armstrong Mac

    CEO and Chairman of Palomar Holdings.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$PLMRMed

Palomar Q2 Earnings Call Highlights

Palomar (NASDAQ: PLMR) reported Q2 earnings call highlights, including crop underwriting contributions and a new AI policy administration platform (PLMR.Farm). Management guided a mid- to upper-30% full-year loss ratio, peaking in Q3. The company repurchased 368,719 shares for about $41M, authorized a $0.45 quarterly dividend, and reported $14.3M favorable prior-year reserve development.

$PLMRMedAI 8/10

Palomar Holdings, Inc. Q2 2026 Earnings Call Summary

Palomar Holdings reported record adjusted net income on diversification across earthquake, casualty, and crop. Management raised full-year 2026 adjusted net income guidance to $270 million to $280 million and expects loss ratios to trend to the mid-to-upper 30s. Palomar authorized a $0.45 quarterly dividend and cited conservative reserving, with 84% of casualty reserves as IBNR.

$METMed

Financial results round-up: MetLife, Prudential, Corebridge, Palomar, Heritage, TWFG, Root and more

A financial results roundup covers multiple insurers and MGAs. MetLife reported Q2 net income of $705m and adjusted EPS $2.43. Prudential posted Q2 net income of $985m and record individual life sales. Corebridge reported a $16m net loss and merger approval. Palomar, Heritage, TWFG, Root, Trupanion and Clover Health also reported Q2 figures and guidance updates.

$PLMRMed

Palomar Holdings, Inc. Reports Second Quarter 2026 Results

Palomar Holdings, Inc. (PLMR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Palomar Holdings, Inc. Reports Second Quarter 2026 Results LA JOLLA, Calif. (August 4, 2026) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $52.6 million , or $1.94 per diluted share, for the second quarter of 2026 compared to