CLO Angela L. Grant sells 11,173 shares at $99.00–$99.80, reducing stake by 99.1% to 103 shares.
Chief Legal Officer Angela L. Grant executed 2 separate sales on 2024-11-08, totaling 11,173 shares for $1,113,000.25 at a blended average price of $99.62. This represents a near-complete exit from her position, reducing her holdings by 99.1% from 11,276 shares to just 103 shares. The transaction occurred when PLMR was trading at $100.69 (current price), within 2.1% of its 52-week high of $102.88, and follows a strong 11.4% appreciation over the prior 90 days. The magnitude of this sale—liquidating essentially all but a nominal shareholding—represents a material change in insider positioning and should draw scrutiny given the CLO's role and the company's strong fundamentals (14.9% annual revenue growth, $30.5M net income in the latest quarter).