PLMR Palomar Holdings, Inc.

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 2/4 quarters. Q2 2026: $0M, Q1 2026: $0M, Q3 2024: $7M, Q2 2024: $9M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $0M vs trailing avg $5M (-100%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Buyback $15M / FCF $25M = 60% of FCF

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 1,032,550 shares = 3.9% of 26,520,417 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

1 open-market purchase by Bradley Daryl

• Bradley Daryl () bought 1 shares at $131.96 on 2026-09-02

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 2 quarters but insufficient insider buying

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $11M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 166552.2x more than bought. 7 C-suite officers among sellers

• Armstrong Mac (CEO and Chairman) sold 2,100 shares on 2026-09-21
• Armstrong Mac (CEO and Chairman) sold 1,400 shares on 2026-09-21
• Armstrong Mac (CEO and Chairman) sold 369 shares on 2026-08-21
• Armstrong Mac (CEO and Chairman) sold 2,339 shares on 2026-08-21
• Armstrong Mac (CEO and Chairman) sold 792 shares on 2026-08-21
• Knutzen Jonathan (Chief Risk Officer) sold 296 shares on 2026-08-18
• Uchida T Christopher (Chief Financial Officer) sold 791 shares on 2026-08-18
• Christianson Jon (President) sold 528 shares on 2026-08-18
• Herve Rodolphe (Chief Operating Officer) sold 389 shares on 2026-07-31
• Herve Rodolphe (Chief Operating Officer) sold 818 shares on 2026-07-31