Last updated: 23 August 2024 at 4:18pm EST

Mac Armstrong Net Worth




The estimated Net Worth of Mac Armstrong is at least $79.1 Million 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 5 years he sold PLMR stock worth over $34,616,415. In addition, he makes $3,113,870 as Chief Executive Officer and Director at Palomar.

Mr. Armstrong PLMR stock SEC Form 4 insiders trading

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 biography

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.

What is the salary of Mac Armstrong?

As the Chief Executive Officer and Director of Palomar, the total compensation of Mac Armstrong at Palomar is $3,113,870. There are no executives at Palomar getting paid more.



How old is Mac Armstrong?

Mac Armstrong is 45, he's been the Chief Executive Officer and 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.

What's Mac Armstrong's mailing address?

Mac's mailing address filed with the SEC is 7979 IVANHOE AVENUE, SUITE 500, , LA JOLLA, CA, 92037.

Insiders trading at Palomar

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, and 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.



What does Palomar do?

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.



What does Palomar's logo look like?

Palomar Holdings, Inc. logo

Complete history of Mr. Armstrong stock trades at Palomar

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
21 Aug 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $94.10 $658,700
21 Aug 2024
447,388
18 Jul 2024 Mac Armstrong
CEO and Chairman
Sale 12,227 $91.08 $1,113,635
18 Jul 2024
47,082
15 Jul 2024 Mac Armstrong
CEO and Chairman
Option 25,000 $88.87 $2,221,750
15 Jul 2024
72,082
21 Jun 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $78.51 $549,570
21 Jun 2024
454,388
21 May 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $82.84 $579,880
21 May 2024
461,388
22 Apr 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $80.03 $560,210
22 Apr 2024
468,388
21 Mar 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $82.62 $578,340
21 Mar 2024
475,388
29 Feb 2024 Mac Armstrong
CEO and Chairman
Sale 7,000 $75.75 $530,250
29 Feb 2024
482,388
31 Jan 2024 Mac Armstrong
CEO and Chairman
Option 4,266 $59.87 $255,405
31 Jan 2024
48,383
26 Jan 2024 Mac Armstrong
CEO and Chairman
Option 8,027 $60.93 $489,085
26 Jan 2024
45,069
1 Jan 2024 Mac Armstrong
CEO and Chairman
Option 4,611 $55.50 $255,911
1 Jan 2024
40,831
8 Sep 2023 Mac Armstrong
CEO and Chairman
Option 26,213 $51.27 $1,343,941
8 Sep 2023
36,822
7 Aug 2023 Mac Armstrong
CEO and Chairman
Sale 80,000 $57.86 $4,628,800
7 Aug 2023
489,388
26 Jan 2023 Mac Armstrong
CEO and Chairman
Option 8,027 $50.00 $401,350
26 Jan 2023
23,790
16 Sep 2022 Mac Armstrong
CEO and Chairman
Sale 12,000 $84.90 $1,018,800
16 Sep 2022
569,388
8 Sep 2022 Mac Armstrong
CEO and Chairman
Option 1,212 $86.13 $104,390
8 Sep 2022
18,195
16 Aug 2022 Mac Armstrong
CEO and Chairman
Sale 12,000 $78.32 $939,840
16 Aug 2022
581,388
4 Aug 2022 Mac Armstrong
CEO and Chairman
Sale 96,000 $71.07 $6,822,720
4 Aug 2022
593,388
27 Jan 2022 Mac Armstrong
CEO and Chairman
Option 2,630 $48.98 $128,817
27 Jan 2022
4,575
16 Nov 2021 Mac Armstrong
CEO and Chairman
Sale 12,000 $89.41 $1,072,920
16 Nov 2021
699,388
18 Oct 2021 Mac Armstrong
CEO and Chairman
Sale 12,000 $79.05 $948,600
18 Oct 2021
711,388
16 Sep 2021 Mac Armstrong
CEO and Chairman
Sale 12,000 $85.35 $1,024,200
16 Sep 2021
723,388
8 Sep 2021 Mac Armstrong
CEO and Chairman
Option 1,213 $87.73 $106,416
8 Sep 2021
736,744
22 Mar 2021 Mac Armstrong
CEO and Chairman
Option 12,500 $15.00 $187,500
22 Mar 2021
13,694
23 Feb 2021 Mac Armstrong
CEO and Chairman
Option 12,500 $15.00 $187,500
23 Feb 2021
13,587
21 Jan 2021 Mac Armstrong
CEO and Chairman
Option 12,500 $15.00 $187,500
21 Jan 2021
13,587
18 Dec 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $88.40 $1,105,000
18 Dec 2020
735,388
23 Nov 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $69.98 $874,750
23 Nov 2020
747,888
22 Sep 2020 Mac Armstrong
CEO and Chairman
Sale 2,500 $100.49 $251,225
22 Sep 2020
760,388
21 Aug 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $105.19 $1,314,875
21 Aug 2020
762,888
22 Jul 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $86.13 $1,076,625
22 Jul 2020
775,388
22 Jun 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $82.79 $1,034,875
22 Jun 2020
787,888
22 May 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $62.07 $775,875
22 May 2020
800,388
22 Apr 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $59.70 $746,250
22 Apr 2020
812,888
23 Mar 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $45.27 $565,875
23 Mar 2020
825,388
21 Feb 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $59.36 $742,000
21 Feb 2020
837,888
28 Jan 2020 Mac Armstrong
CEO and Chairman
Sale 30,000 $55.18 $1,655,400
28 Jan 2020
850,388
23 Jan 2020 Mac Armstrong
CEO and Chairman
Sale 12,500 $51.88 $648,500
23 Jan 2020
880,388
30 Dec 2019 Mac Armstrong
CEO and Chairman
Sale 27,500 $48.68 $1,338,700
30 Dec 2019
892,888
25 Sep 2019 Mac Armstrong
CEO and Chairman
Sale 40,000 $36.50 $1,460,000
25 Sep 2019
930,388


Palomar executives and stock owners

Palomar executives and other stock owners filed with the SEC include: