Palomar Holdings, Inc. — Form 8-K Summary
Business Context and Reporting Period
Palomar Holdings, Inc. filed this Form 8-K under Item 5.07 to report the final voting results from its 2020 annual meeting of stockholders, held on May 28, 2020. The report was signed on May 29, 2020. Palomar’s common stock trades on the Nasdaq Global Select Market under the symbol PLMR.
Financial Metrics and Liquidity
This filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating or financial metrics.
Material Changes Versus the Prior Comparable Period
No financial or operational period-over-period comparisons are included. The filing reports annual meeting actions only.
Governance, Outlook, Risks, and Unusual Items
- Stockholders elected Robert E. Dowdell and Daryl Bradley as Class I directors, each to serve until the 2023 annual meeting or until a successor is elected and qualified.
- Robert E. Dowdell received 12,499,455 votes for, 9,640,123 votes withheld, and 949,093 broker non-votes.
- Daryl Bradley received 21,167,433 votes for, 972,145 votes withheld, and 949,093 broker non-votes.
- Stockholders ratified Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020.
- The auditor appointment received 22,954,123 votes for, 113,038 votes against, and 21,510 abstentions.
Important Facts for Investors to Verify
- Confirm the directors’ Class I terms and subsequent board composition in later filings.
- Review the definitive proxy statement filed April 17, 2020 for proposal details and voting mechanics.
- Verify Ernst & Young LLP’s continued appointment and any subsequent auditor changes in later SEC filings.
- Consult Palomar’s periodic reports for financial performance, liquidity, debt, guidance, and risk disclosures, which are not provided in this 8-K.