Slide Insurance (SLDE) director exercises options and sells 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings director Stephen L. Rohde reported an exercise-and-sale transaction involving 10,000 shares of Common Stock. On March 13, 2026, he exercised stock options to acquire 10,000 shares of Common Stock at an exercise price of $0.0018 per share. The stock options were fully vested and exercisable. That same day, he sold 10,000 shares of Common Stock in the open market at a price of $17.78 per share, resulting in no directly held Common Stock after the sale. Following the option exercise, he continued to hold 7,500 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($177,800)
Net Sell
3 txns
Insider
ROHDE STEPHEN L
Role
Director
Sold
10,000 shs ($178K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $0.0018 | $18.00 |
| Sale | Common Stock | 10,000 | $17.78 | $178K |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,500 shares (Direct);
Common Stock — 10,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SLDE director Stephen L. Rohde report?
Stephen L. Rohde reported exercising options for 10,000 SLDE shares and selling 10,000 Common Stock shares. The transactions occurred on March 13, 2026, and were disclosed as an exercise-and-sale sequence in a Form 4 insider filing.
What are Stephen L. Rohde’s Slide Insurance holdings after this Form 4?
After these transactions, Stephen L. Rohde reported holding no shares of Slide Insurance Common Stock directly. He reported 7,500 stock options remaining following the exercise of 10,000 options from a previously larger fully vested and exercisable grant.
What type of transaction is indicated by code M in the SLDE Form 4?
Transaction code M in this SLDE Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the exercise of stock options to acquire 10,000 shares of Common Stock before those same shares were sold in an open-market transaction.
Was the Slide Insurance (SLDE) option grant fully vested at exercise?
Yes. The footnote states the stock options were fully vested and exercisable. On March 13, 2026, Stephen L. Rohde exercised 10,000 options from this vested grant, then sold the resulting 10,000 Common Stock shares in the open market.