CEO Armstrong Mac sells 5,000 shares at $122.60 avg; stock now $132.10; 5 recent sales in Jan-Feb
Armstrong Mac, CEO and Chairman of Palomar Holdings, executed 8 separate sales totaling 5,000 shares for $612,997.31 on 2026-02-12, with a blended average price of $122.60. The stock currently trades at $132.10, meaning these sales occurred below the current market price. More notably, Mac has conducted 5 prior sales at PLMR between 2026-01-21 and 2026-01-31, establishing a pattern of persistent selling over a compressed timeframe in late January and early February. His cross-ticker track record shows 20 prior open-market sells with an average 90-day return of +13.1% and a 0.00% well-timed rate—indicating his sales have historically been followed by stock appreciation, not declines. Against this backdrop, the concentrated selling activity, while representing only 1.4% of his pre-transaction holdings of 348.4K shares, warrants monitoring for any underlying operational or guidance changes at the company.