The estimated Net Worth of Mac Armstrong is at least $79.1 Millón dollars as of 21 August 2024. Mr. Armstrong owns over 7,000 units of Palomar stock worth over $41,410,233 and over the last 6 years he sold PLMR stock worth over $34,616,415. In addition, he makes $3,113,870 as Chief Executive Officer y Director at Palomar.
Mac has made over 40 trades of the Palomar stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 7,000 units of PLMR stock worth $658,700 on 21 August 2024.
The largest trade he's ever made was selling 96,000 units of Palomar stock on 4 August 2022 worth over $6,822,720. On average, Mac trades about 13,207 units every 37 days since 2019. As of 21 August 2024 he still owns at least 447,388 units of Palomar stock.
You can see the complete history of Mr. Armstrong stock trades at the bottom of the page.
Mac Armstrong serves as Chief Executive Officer, Director of the Company. Prior to joining our company, Mr. Armstrong most recently served as the President of Arrowhead General Insurance Agency, which he joined in June 2009, previously holding the positions of Chief Financial Officer and Chief Operating Officer. Mr. Armstrong led the sale of Arrowhead to Brown & Brown, Inc. in January 2012. Mr. Armstrong’s prior experience includes Spectrum Equity Investors, a private equity investment firm where he led the insurance investing practice and Alex. Brown & Sons/ BT Alex. Brown Inc., an investment bank acquired by Deutsche Bank. Mr. Armstrong earned an A.B. from Princeton University. Mr. Armstrong is a member of the Board of Advisors of Cloverlay Investment Management LLC, a private equity investment firm.
As the Chief Executive Officer y Director of Palomar, the total compensation of Mac Armstrong at Palomar is $3,113,870. There are no executives at Palomar getting paid more.
Mac Armstrong is 45, he's been the Chief Executive Officer y Director of Palomar since 2014. There are 13 older and 2 younger executives at Palomar. The oldest executive at Palomar Holdings, Inc. is Robert Dowdell, 74, who is the Independent Director.
Mac's mailing address filed with the SEC is 7979 IVANHOE AVENUE, SUITE 500, , LA JOLLA, CA, 92037.
Over the last 6 years, insiders at Palomar have traded over $579,241,443 worth of Palomar stock and bought 7,087 units worth $548,430 . The most active insiders traders include Vi Gp Aiv Ltd.Genstar Capit..., Mac Armstrong y Heath A Fisher. On average, Palomar executives and independent directors trade stock every 8 days with the average trade being worth of $5,181,509. The most recent stock trade was executed by T Christopher Uchida on 9 September 2024, trading 2,160 units of PLMR stock currently worth $204,012.
Palomar Holdings, Inc., an insurance holding company, provides specialty property insurance to residential and commercial customers. The company offers personal and commercial specialty property insurance products, including residential and commercial earthquake, commercial all risk, specialty homeowners, inland marine, Hawaii hurricane, and residential flood, as well as other products, such as assumed reinsurance, commercial flood, real estate error and omission, and real estate investor products. It markets and distributes its products through retail agents, wholesale brokers, program administrators, and carrier partnerships. The company was formerly known as GC Palomar Holdings. Palomar Holdings, Inc. was incorporated in 2013 and is headquartered in La Jolla, California.
Palomar executives and other stock owners filed with the SEC include: