Insider Trading January 30, 2026

Palomar Holdings Legal Chief Sells $173,466 in Stock as Equity Grants Vest

Chief Legal Officer completes a sale and records PSU vesting while new RSUs begin multi-year vesting schedule; company recent quarter topped estimates

By Maya Rios PLMR
Palomar Holdings Legal Chief Sells $173,466 in Stock as Equity Grants Vest
PLMR

Angela L. Grant, Chief Legal Officer of Palomar Holdings, sold 1,447 shares on January 28, 2026, for $119.88 per share, netting $173,466. On the same date she received 3,827 shares from performance stock units vesting, and was granted 3,581 restricted stock units that will vest in three equal annual installments. Following the transactions, Grant directly holds 2,862 common shares and 5,242 shares tied to PSUs. Palomar reported a stronger-than-expected third quarter of 2025, with EPS of $2.01 on revenue of $597.2 million, and an analyst raised the stock's price target to $170.

Key Points

  • Chief Legal Officer Angela L. Grant sold 1,447 Palomar common shares on January 28, 2026, for $119.88 per share, totaling $173,466.
  • On the same day Grant received 3,827 shares from vested performance stock units and was granted 3,581 RSUs that vest in three equal annual installments - these developments affect executive holdings and future vesting schedules.
  • Palomar’s third quarter 2025 results showed EPS of $2.01 and revenue of $597.2 million, both above analysts' expectations; an analyst raised the price target to $170 while maintaining an Outperform rating. Market impact centers on equities and investor analysis.

Angela L. Grant, serving as Chief Legal Officer at Palomar Holdings, Inc. (NASDAQ: PLMR), completed an open-market sale of 1,447 common shares on January 28, 2026. The shares transacted at $119.88 each, producing proceeds of $173,466.

That same day Grant also received 3,827 common shares tied to the vesting of performance stock units (PSUs). In addition, the company granted her 3,581 Restricted Stock Units (RSUs). Those RSUs are scheduled to vest in three equal annual installments measured from the grant date.

After accounting for the sale, the PSU vesting and the new RSU grant, Grant is recorded as directly owning 2,862 shares of Palomar common stock plus 5,242 shares associated with performance stock units.


The share-level executive activity comes against recent company results for the third quarter of 2025. Palomar reported earnings per share of $2.01 for the quarter, a figure that outpaced analysts' consensus of $1.57 by 28.03 percent. Revenue for the same period totaled $597.2 million, exceeding the $540.07 million that analysts had expected.

Following those results, Keefe, Bruyette & Woods moved its price target on Palomar to $170 from $164 and kept an Outperform rating in place. The firm’s revised target is based on 19.3 times its updated 2026 earnings-per-share estimate.

The transactions by the chief legal officer - an outright sale combined with simultaneous PSU vesting and a new RSU award with a multi-year vesting profile - are reflected in the latest company insider holdings disclosures. The company-level financial results and the analyst adjustment are recorded facts in the same reporting period.

No additional details outside these transactions, the vesting schedule, or the reported quarter results were provided in the filings or in the company’s public reporting cited here.

Risks

  • Ongoing equity awards and the scheduled RSU vesting create future share issuance dynamics that are stated in the filings - the precise market effect is not detailed in the disclosures.
  • Analyst projections underpinning the updated $170 price target are tied to an updated 2026 EPS estimate - those estimates may evolve, and the report does not specify future revisions.
  • The insider sale is documented as a completed transaction, but the filings do not provide further context on motives or future planned transactions, leaving some uncertainty for market interpretation.

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