CEO total pay
$8,961,148
Mac Armstrong · 2025
Say on pay
92%
Latest disclosed shareholder vote
CEO pay ratio
Not in CD&A
Item 402(u) section may live outside the CD&A
Compensation committee
CD&ACompensation Committee
Per the latest proxy
Filings indexed: 2 · 2026 · 2025
Executive pay
What did they pay them?
From the Summary Compensation Table. Pay mix and YoY are computed from these rows.
| Executive | Role | TotalYoY | Pay mix | Salary | Stock | Cash incentive | Other |
|---|---|---|---|---|---|---|---|
Mac Armstrong2025 compensation | Chief Executive Officer and Chairman of the Board | $8,961,148↑ 64% | 86% at-risk | $1,243,269 | $3,862,330 | $3,843,298 | $12,250 |
Chris Uchida2025 compensation | Chief Financial Officer | $2,953,215↑ 65% | 80% at-risk | $589,927 | $1,310,932 | $1,040,106 | $12,250 |
Jon Christianson2025 compensation | President | $2,758,117↑ 64% | 79% at-risk | $556,035 | $1,206,697 | $980,370 | $15,015 |
Jon Knutzen2025 compensation | Chief Risk Officer | $2,257,263↑ 45% | 78% at-risk | $493,789 | $968,509 | $782,715 | $12,250 |
Rodolphe Hervé2025 compensation | Chief Operating Officer | $1,697,093↑ 6% | 73% at-risk | $445,435 | $688,898 | $548,516 | $14,245 |
Pay mix: base cash incentive equity other
CD&A excerpt
Compensation discussion & analysis
Opening passage of the loaded filing's CD&A. Use Ask below to query the full text with citations.
Read the full CD&A on SEC.gov ↗
Peer comparison
Who they benchmark against
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2025 Peer Group
14 members · 1 in ProxyMiner
KMPR · KEMPER CorpEIG · Employers Holdings, Inc.KNSL · Kinsale Capital Group, Inc.Enstar GroupLMND · Lemonade, Inc.BWIN · Baldwin Insurance Group, Inc.FAF · First American Financial Corp.RLI · RLI CORPTRUP · TRUPANION, INC.HG · Hamilton Insurance Group, Ltd.SAFT · SAFETY INSURANCE GROUP INCWTM · WHITE MOUNTAINS INSURANCE GROUP LTDHCI · HCI Group, Inc.SIGI · SELECTIVE INSURANCE GROUP INC
Governance
Policy guardrails
hedging
prohibited
“Included in the Insider Trading Policy is a robust anti-hedging and anti-pledging policy under which our executive officers and directors are strictly prohibited from engaging in short-term or speculative transactions in…”
pledging
prohibited
“Included in the Insider Trading Policy is a robust anti-hedging and anti-pledging policy under which our executive officers and directors are strictly prohibited from engaging in short-term or speculative transactions in…”
clawback
present
“Clawback Policy”
stock ownership guidelines
present
“executive stock ownership levels annually to ensure compliance with the Stock Ownership Guidelines.”
change in control
Compensation Discussion and Analysis This Compensation Discussion and Analysis (“CD&A”) provides information on the goals and objectives of our executive compensation program including Palomar’s total rewards philosophy, which focuses on rewarding team members for their central r
“Compensation Discussion and Analysis This Compensation Discussion and Analysis (“CD&A”) provides information on the goals and objectives of our executive compensation program including Palomar’s total rewards philosophy,…”
compensation consultant
independent
“independent compensation consultant to support executive and Board compensation offerings”
compensation committee
Compensation Committee
“eliminated Board/Compensation Committee discretion to pursue a clawback”
Performance markers
Metric facts
revenue
$1 million
“when to grant such awards and how the Board or the Compensation Committee will take material nonpublic information into account when determining the timing and terms of such awards. Impact of Accounting and Tax Requireme…”
time equity mix
—
“Stock ownership includes vested shares held directly or indirectly, unvested time-based RSUs and shares purchased via the employee stock purchase plan.”
say on pay
92%
“votes cast in favor of the say-on-pay proposal.”
Ask
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