The dollar amount is too small to signal anything material. Monitor for any upcoming earnings or material events that might trigger larger insider activity, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Four Palomar insiders, including the CEO, CFO, President, and Chief Risk Officer, sold a combined $334K in open-market sales over a week. The CEO's sale of $151K on May 21 is the largest single trade, while the CFO, President, and CRO sold on May 18. The total value is only ~0.01% of Palomar's $3.0B market cap, making this a trivial, routine cluster. Non-cash director grants of 1,304 shares each on May 21 are zero-dollar events with no economic signal.
Key Financial Metrics
Key Facts
- Total insider sales of $334K represent ~0.01% of $3.0B market cap
- CEO Armstrong sold 1,328 shares for $151K on May 21
- CFO Uchida sold 783 shares for $90K on May 18
- President Christianson sold 522 shares for $60K on May 18
- CRO Knutzen sold 281 shares for $32K on May 18
- Seven directors received non-cash stock grants of 869-1,304 shares each on May 21 ($0 value)
- No insider purchases in the cluster; net direction is selling
Financial Impact
Total sales of $334K are immaterial relative to $3.0B market cap (0.01%)
Risk Factors
- Insider sales are routine and liquidity-driven; no material risk indicated
- CEO sale could be part of a 10b5-1 plan, but no plan details are in the filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PLMR-1779828422353 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 9w ago | Insider Cluster | $131.76 $127.21 | ▼ −3.45% | ▼ −3.70% | $134.05 (+1.74%) |
Aug 20, 2026 9w ago | Insider Cluster | $130.09 $134.09 | ▲ +3.07% | ▲ +2.06% | $134.05 (+3.04%) |
Aug 10, 2026 11w ago | 8-K | $131.69 $133.11 | ▲ +1.08% | ▲ +2.14% | $134.05 (+1.79%) |
Aug 4, 2026 11w ago | Press Release | $134.00 $132.12 | ▼ −1.40% | ▼ −0.80% | $134.05 (+0.04%) |
Jul 28, 2026 12w ago | Press Release | $142.91 $131.82 | ▼ −7.76% | ▼ −12.78% | $134.05 (−6.20%) |
Jul 22, 2026 13w ago | Insider Cluster | $129.18 $128.87 | ▼ −0.24% | ▼ −3.55% | $134.05 (+3.77%) |
Jul 21, 2026 13w ago | Insider Cluster | $130.45 $126.88 | ▼ −2.74% | ▼ −5.63% | $134.05 (+2.76%) |
Jul 6, 2026 16w ago | Insider Cluster | $145.29 $136.51 | ▼ −6.04% | ▼ −7.38% | $134.05 (−7.74%) |
May 29, 2026 21w ago | 8-K | $107.04 $126.33 | ▲ +18.02% | ▲ +19.82% | $134.05 (+25.23%) |
May 29, 2026 21w ago | Press Release | $107.04 $126.33 | ▲ +18.02% | ▲ +19.82% | $134.05 (+25.23%) |
US Market Status
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