Slide Insurance (SLDE) insider pre-planned sale of 11,970 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Securus Risk Management LLC, an entity controlled by Slide Insurance Holdings executive and director Lucas Shannon, reported open-market sales totaling 11,970 shares of Slide Insurance common stock. The trades occurred on March 10–11, 2026, including 11,700 shares at $17.80 and 270 shares at $17.42 per share.
Footnotes state these transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025, with weighted-average sale price ranges between $17.25 and $18.00 per share. After these sales, Securus Risk Management LLC held 1,585,371 shares. The filing also shows Shannon’s direct holdings of 194,201 shares and several large indirect positions held by his spouse and related entities, with beneficial ownership generally disclaimed except to the extent of pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,970 shares ($212,963)
Net Sell
8 txns
Insider
Lucas Shannon
Role
President & COO
Sold
11,970 shs ($213K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 270 | $17.42 | $5K |
| Sale | Common Stock | 11,700 | $17.80 | $208K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,585,371 shares (Indirect, By Securus Risk Management, LLC);
Common Stock — 194,201 shares (Direct)
Footnotes (1)
- Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.51 to $18.00 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 Securus Risk Management LLC, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.25 to $17.87 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. Represent shares of common stock beneficially owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The amount shown reflects the amount owned by the reporting person's spouse after the sale of 121,030 shares of common stock between March 10-11, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.25 to $18.00 per share. Represent shares of common stock beneficially owned by the reporting person's spouse through IIM Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Represent shares held through the Emma Cloonen Irrevocable Trust, of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Represent shares held through the Ava Cloonen Irrevocable Trust, of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Represent shares of common stock held by the reporting person's spouse through Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
FAQ
What insider stock transactions did Lucas Shannon report for Slide Insurance (SLDE)?
Lucas Shannon reported open-market sales totaling 11,970 Slide Insurance common shares through Securus Risk Management LLC. The trades occurred on March 10–11, 2026, at weighted-average prices in the high-$17 range, and were executed under a pre-arranged Rule 10b5-1 trading plan.
Were the recent Slide Insurance (SLDE) insider stock sales pre-planned?
Yes. A footnote explains the reported sales were made pursuant to a Rule 10b5-1 trading plan adopted on November 21, 2025. Such plans schedule trades in advance, so the timing of these March 2026 sales reflects a preset program rather than a discretionary decision.
At what prices were the Slide Insurance (SLDE) insider sales executed?
One reported trade of 11,700 shares occurred at $17.80 per share and another 270-share sale at $17.42 per share. Footnotes state weighted-average sale price ranges between $17.25 and $18.00 per share across the referenced transactions during March 10–11, 2026.