Slide Insurance (SLDE) risk chief exercises options, sells 11,250 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson exercised stock options for 11,250 shares of common stock at an exercise price of $0.79 per share and immediately sold the same 11,250 shares at $18.00 per share. The transactions were carried out on March 16, 2026 pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2025. After these transactions, he reported no directly held common shares, while his reported stock option position in this grant stood at 65,000 options following the exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,250 shares ($202,500)
Net Sell
3 txns
Insider
LARSON MATTHEW PAUL
Role
Chief Risk Officer
Sold
11,250 shs ($203K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,250 | $0.00 | -- |
| Exercise | Common Stock | 11,250 | $0.79 | $9K |
| Sale | Common Stock | 11,250 | $18.00 | $203K |
Holdings After Transaction:
Stock Option (Right to Buy) — 65,000 shares (Direct);
Common Stock — 11,250 shares (Direct)
Footnotes (1)
- Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025. These stock options are fully vested and exercisable.
FAQ
What did Slide Insurance (SLDE) executive Matthew Larson do in this Form 4?
Matthew Larson, Chief Risk Officer of Slide Insurance, exercised 11,250 stock options at $0.79 and sold 11,250 common shares at $18.00 on March 16, 2026. The exercise converted options into shares, which were then fully sold the same day.
Was the SLDE insider trade by Matthew Larson part of a 10b5-1 plan?
Yes. The filing states the exercise and sale were executed under a Rule 10b5-1 trading plan adopted on December 4, 2025. Such pre-arranged plans automate trading and typically reduce the informational value of the trade’s timing for investors.
What is Matthew Larson’s Slide Insurance (SLDE) stock position after this Form 4?
After the reported transactions, Matthew Larson held no shares of Slide Insurance common stock directly. The filing shows his stock option position from this grant at 65,000 options following the exercise, reflecting remaining derivative exposure rather than owned common shares.
What type of transaction is reported for SLDE’s Chief Risk Officer in this Form 4?
The Form 4 shows an exercise-and-sell pattern. Larson exercised stock options to acquire 11,250 common shares, then sold all 11,250 shares in an open-market transaction. This is a common way to realize value from equity awards while not increasing long-term share holdings.