Slide Insurance (SLDE) director sells 56,424 shares under 10b5-1 plan
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director Robert Gries Jr. reported selling a total of 56,424 shares of common stock on August 3–4, 2026 through GRM Family Limited Partnership at prices of $20.33 and $20.44 per share under a 10b5-1 trading plan adopted on December 12, 2025. He also reports direct ownership of 843,804 shares after these transactions and disclaims beneficial ownership of the partnership-held shares except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 56,424 shares
Net Sell
3 txns
Insider
Gries Robert JR
Role
Director
Sold
56,424 shs ($1.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4, F3 | 28,212 | $20.44 | $577K |
| Sale | Common Stock F1, F2, F3 | 28,212 | $20.33 | $574K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,692,721 shares (Indirect, By GRM Family Limited Partnership);
Common Stock — 843,804 shares (Direct)
Footnotes (4)
- F1. Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $20.05 to $20.63 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F3. The securities reported herein are held by GRM Family Limited Partnership, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $20.30 to $20.62 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Key Figures
Total shares sold: 56,424 shares
Shares sold on 2026-08-03: 28,212 shares
Weighted avg price 2026-08-03: $20.33 per share
+4 more
7 metrics
Total shares sold
56,424 shares
Common stock sold by Robert Gries Jr. on August 3–4, 2026
Shares sold on 2026-08-03
28,212 shares
Non-derivative sale of common stock on August 3, 2026
Weighted avg price 2026-08-03
$20.33 per share
Weighted average sale price; individual prices ranged from $20.05 to $20.63
Shares sold on 2026-08-04
28,212 shares
Non-derivative sale of common stock on August 4, 2026
Weighted avg price 2026-08-04
$20.44 per share
Weighted average sale price; individual prices ranged from $20.30 to $20.62
Direct holdings after transactions
843,804 shares
Directly owned common shares reported following the transactions
10b5-1 plan adoption date
December 12, 2025
Date the reporting person adopted the 10b5-1 trading plan used for these sales
Key Terms
10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest
4 terms
10b5-1 trading plan regulatory
"Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person"
A 10b5-1 trading plan is a pre-arranged strategy that allows company insiders to buy or sell company stock at set times, regardless of their current knowledge about the company's situation. It acts like a scheduled appointment for trading, helping prevent the appearance of impropriety or insider trading. This plan provides a way for insiders to sell or buy shares in a controlled, transparent manner, offering reassurance to investors about fair trading practices.
weighted average price financial
"Represents the weighted average price of the shares sold."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Robert Gries Jr. report at Slide Insurance (SLDE)?
Robert Gries Jr. reported selling 56,424 shares of Slide Insurance common stock over August 3–4, 2026. The sales were executed indirectly through GRM Family Limited Partnership under a 10b5-1 trading plan and reported at prices of $20.33 and $20.44 per share.