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Slide Insurance (SLDE) authorizes new $100 million share repurchase program

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Slide Insurance Holdings, Inc. has authorized a new common stock repurchase program of $100 million, allowing the company to buy back its shares over time with no expiration date.

Under the current $125 million program, Slide has repurchased 6,240,335 common shares at a weighted average price of $17.75 as of April 28, 2026, leaving $114 million of total availability under its repurchase programs. Since its June 2025 initial public offering, the company has bought back 13,349,752 shares at a weighted average price of $17.30.

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Insights

Slide adds a $100 million buyback, extending an already active repurchase program.

Slide Insurance Holdings authorized a new common stock repurchase program of $100 million with no time limit. This sits alongside an existing $125 million authorization under which the company has already been actively buying back shares.

As of April 28, 2026, Slide has repurchased 6,240,335 shares at a weighted average price of $17.75, and now has $114 million of aggregate repurchase availability. Management links this to substantial free cash flow and a strong capital position, while retaining discretion over timing and volume.

The program permits open-market, privately negotiated, and Rule 10b5-1 trades, and can be modified, suspended, or discontinued at any time. Actual impact on share count and per-share metrics will depend on future execution and market conditions.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
New repurchase authorization $100 million New common stock repurchase program authorized by the board
Existing repurchase program size $125 million Size of current stock repurchase program
Shares repurchased under current program 6,240,335 shares Common shares repurchased as of April 28, 2026
Weighted average repurchase price (current program) $17.75 Average price per share under current program
Total buyback availability $114 million Availability under Slide’s repurchase programs after new authorization
Total shares repurchased since IPO 13,349,752 shares Common shares repurchased since June 2025 initial public offering
Weighted average repurchase price since IPO $17.30 Average price per share for total repurchases since IPO
common stock repurchase program financial
"announced that its Board of Directors has authorized a common stock repurchase program"
A common stock repurchase program is when a company uses cash to buy back its own shares from the market, reducing the number of shares available to outside owners. Think of it like a store buying back coupons so each remaining coupon becomes a slightly larger slice of ownership and potential earnings; for investors, buybacks can raise per-share profits, change ownership percentages, and signal how management chooses to use excess cash, which can affect stock value.
Rule 10b5-1 trading plans regulatory
"including through Rule 10b5-1 trading plans or through the use of other techniques"
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
free cash flow financial
"Our business consistently generates substantial free cash flow while we maintain ample capital"
Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.
initial public offering financial
"Since the Company’s June 2025 initial public offering, Slide has repurchased 13,349,752 common shares"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
forward-looking statements regulatory
"Statements in this press release that are not historical facts are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Slide Insurance Holdings (SLDE) announce about stock repurchases?
Slide Insurance Holdings authorized a new common stock repurchase program of $100 million. The authorization is effective immediately, has no time limit, and can be modified, suspended, or discontinued at any time, giving management flexibility to repurchase shares under varying market conditions.

How much repurchase capacity does Slide Insurance (SLDE) now have?
With the new $100 million authorization, Slide reports having $114 million of availability under its current repurchase programs. This reflects remaining capacity after share buybacks already completed under its existing $125 million program as of April 28, 2026.

How many Slide (SLDE) shares have been repurchased so far?
Under the current $125 million program, Slide has repurchased 6,240,335 common shares at a weighted average price of $17.75. Since its June 2025 IPO, the company has bought back 13,349,752 shares at a weighted average price of $17.30.

How will Slide Insurance (SLDE) execute its stock repurchase programs?
Share repurchases may occur in the open market at prevailing prices, through privately negotiated transactions, or other structures. Slide may also use a Rule 10b5-1 plan, enabling pre-arranged repurchases even during periods when insider trading restrictions might otherwise apply.

Why does Slide Insurance (SLDE) say it can support a $100 million buyback?
Slide’s CEO cites substantial free cash flow, exceptional underwriting performance, and a strong capital position as reasons the company can fund repurchases. Management believes it still maintains ample capital to pursue long-term growth initiatives while selectively buying back shares.

Is Slide (SLDE) required to repurchase a specific number of shares?
No, the repurchase authorization does not obligate Slide to buy any particular number of shares. Management will determine timing and volume based on factors such as share price, trading volume, liquidity needs, regulatory requirements, and overall market and business conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →
0001886428false00018864282026-04-282026-04-28

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 28, 2026

 

 

Slide Insurance Holdings, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-42707

87-1554861

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

4221 W. Boy Scout Blvd., Suite 200

 

Tampa, Florida

 

33607

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 813 748-2030

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.01 per share

 

SLDE

 

Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 7.01 Regulation FD Disclosure.

On April 28, 2026, Slide Insurance Holdings, Inc. (the “Company”) announced that its Board of Directors has authorized a common stock repurchase program for an aggregate authorization of up to $100 million. Under the repurchase program, the Company may purchase shares of common stock from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques. Our stock repurchase program does not have an expiration date. The timing and number of shares repurchased will depend on a variety of factors, including stock price, trading volume, applicable legal requirements, and general business and market conditions. The repurchase program does not obligate the Company to repurchase any of its common stock. A copy of the press release announcing the common stock repurchase program is furnished hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information contained in this Item 7.01 and in Exhibit 99.1 to this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, nor shall it be deemed incorporated by reference in any filing under the Securities Act, or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by reference into such filing.

 

Item 9.01 Financial Statements and Exhibits.

 

Exhibit No.

Description

99.1

Press Release dated as of April 28, 2026

104

Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document

 

 

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Slide Insurance Holdings, Inc.

 

 

 

 

Date:

April 28, 2026

By:

/s/ Andy Omirdis

 

 

 

Name: Andy Omiridis
Title: Chief Financial Officer

 

 

 

Exhibit 99.1

img99825803_0.jpg

Slide Announces New Stock Repurchase Program of $100 Million

 

TAMPA, Fla., April 28, 2026 – Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) today announced that its Board of Directors has authorized a new common stock repurchase program of $100 million. The authorization is effective immediately, has no time limit, and may be modified, suspended or discontinued at any time.

 

“The Board’s authorization of this new stock repurchase program demonstrates our continued confidence in Slide’s strategic direction, exceptional underwriting performance and strong financial foundation,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “Our business consistently generates substantial free cash flow while we maintain ample capital to support our long-term growth initiatives. As a result, our strong capital position enables us to strategically repurchase shares when market conditions continue to present attractive opportunities, allowing us to enhance shareholder value over time.”

 

Under the current $125 million program, as of April 28, 2026, Slide has repurchased 6,240,335 common shares at a weighted average share price of $17.75. With the new program in place, Slide has $114 million of availability under its current repurchase programs.

 

Since the Company’s June 2025 initial public offering, Slide has repurchased 13,349,752 common shares at a weighted average share price of $17.30.

 

Share repurchases under the stock repurchase program may be made in the open market at prevailing market prices, through privately negotiated transactions, or through other structures in accordance with applicable federal securities laws, at times and in amounts as management deems appropriate. The timing and the amount of any common stock repurchases will be determined by the Company’s management based on its evaluation of market conditions, the company’s liquidity needs, corporate and regulatory requirements and restrictions, share price, trading volume and other factors. Repurchases of common stock may be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the company might otherwise be precluded from doing so under insider trading laws. The repurchase program does not obligate the company to purchase any particular number of shares and may be suspended, modified, or discontinued at any time without prior notice.

 

Forward-Looking Statements

 

Statements in this press release that are not historical facts are forward-looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “aim,” “estimates,” “predicts,” “potential” or “continue,” the negative of these terms and other comparable terminology and relate, without limitation, to the Company’s beliefs and expectations regarding the Company’s projections of future financial performance including net margins and its share repurchase program and its ability to increase return on equity and build long-term value for shareholders. These statements are only predictions based on Slide’s current expectations and projections about future events and are not guarantees of actual results, level of activity, performance or achievements. Although Slide believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, there are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those anticipated in any forward-looking statements, including, among others, our limited operating history; the success of the Company’s underwriting and profitability initiatives; inflation and other changes in economic conditions (including changes in interest rates and financial and real estate markets), including changes that may impact demand for our products and our operations; lack of effectiveness of exclusions

 

 

img99825803_0.jpg

and loss limitation methods in the insurance policies we assume or write; inherent uncertainty of our models and our reliance on such models as a tool to evaluate risk; the impact of macroeconomic conditions, including declining consumer confidence, inflation, high unemployment and the threat of recession; the impact of new federal and state regulations that affect the property and casualty insurance market and our failure to meet increased regulatory requirements, including minimum capital and surplus requirements; the cost of reinsurance, the collectability of reinsurance and our ability to obtain reinsurance coverage on terms and at a cost acceptable to us; assessments charged by various governmental agencies; pricing competition and other initiatives by competitors; our ability to obtain regulatory approval for requested rate changes, and the timing thereof; legislative and regulatory developments; the outcome of litigation pending against us, including the terms of any settlements; risks related to the nature of our business; performance of our investment portfolio; the adequacy of our liability for losses and loss adjustment expense; ratings by industry services; catastrophe losses; reliance on key personnel; weather conditions (including the severity and frequency of storms, hurricanes, tornadoes, wildfires and hail); acts of war and terrorist activities; court decisions and trends in litigation; and other matters described from time to time by us in our filings with the Securities and Exchange Commission.

 

Any forward-looking statement made by Slide in this press release speak only as of the date on which it is made. Slide undertakes no obligation to update any forward-looking statement, whether as a result of new information, actual results, revised expectations or otherwise, except as may be required by law.

 

About Slide

Slide is a technology-enabled insurance company that makes it easy for homeowners to choose the right coverage for their unique needs and budgets. Slide's cutting-edge technology leverages artificial intelligence and big data to optimize and streamline every part of the insurance process. Based in Tampa, FL, Slide was founded by Bruce and Shannon Lucas, insurance insiders with a deep understanding of how technology can be applied to achieve better underwriting outcomes. For more information, please visit https://www.slideinsurance.com.

 

Contacts

 

Investors

ir@slideinsurance.com

 

Media

Rachel Carr

Chief Marketing Officer

press@slideinsurance.com

 

 

 

Source: View Original Filing on SEC EDGAR

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