Slide Insurance (SLDE) director-linked LLC sells 46K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director Wright Andrew Pardo reported indirect open-market sales of 46,002 shares of Common Stock by MAOV Slide, LLC. The trades, executed on June 24 and June 26, 2026 under a Rule 10b5-1 trading plan, left 33,998 shares indirectly held.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 46,002 shares ($843,796)
Net Sell
2 txns
Insider
Wright Andrew Pardo
Role
null
Sold
46,002 shs ($844K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $19.03 | $285K |
| Sale | Common Stock | 31,002 | $18.01 | $558K |
Holdings After Transaction:
Common Stock — 33,998 shares (Indirect, By MAOV Slide, LLC)
Footnotes (1)
- Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.00 to $18.05 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. The securities reported herein are held by MAOV Slide, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $19.00 to $19.11 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
Shares sold June 24, 2026: 31,002 shares
Shares sold June 26, 2026: 15,000 shares
Total shares sold: 46,002 shares
+3 more
6 metrics
Shares sold June 24, 2026
31,002 shares
Open-market sale at weighted average $18.01 per share
Shares sold June 26, 2026
15,000 shares
Open-market sale at weighted average $19.03 per share
Total shares sold
46,002 shares
Net-sell across two open-market transactions
Shares held after transactions
33,998 shares
Indirectly held by MAOV Slide, LLC
Price range June 24, 2026
$18.00–$18.05 per share
Footnote price range for June 24 sales
Price range June 26, 2026
$19.00–$19.11 per share
Footnote price range for June 26 sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, pecuniary interest
4 terms
Rule 10b5-1 trading plan financial
"Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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 except to the extent of his pecuniary interest therein."
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
"The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein."
FAQ
What insider transactions did Slide Insurance (SLDE) report in this Form 4?
The Form 4 reports indirect open-market sales totaling 46,002 shares of Slide Insurance Common Stock by MAOV Slide, LLC on June 24 and June 26, 2026, associated with director Wright Andrew Pardo’s indirect holdings.
Were the Slide Insurance (SLDE) insider sales made under a trading plan?
Yes, a footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2026. Such plans pre-schedule trades, making their timing more routine.