SLDE insider: CEO converts 22,918 RSUs; ownership details updated
Rhea-AI Filing Summary
Slide Insurance Holdings (SLDE) reported insider equity activity by CEO, Director, and 10% owner Bruce Lucas. On 10/31/2025, he executed code M transactions converting restricted stock units into common stock: 22,918 shares acquired directly and 22,918 shares acquired by his spouse.
Following these transactions, beneficial ownership included 1,158,572 shares direct, plus indirect holdings of 2,575,837 (2014 GRAT), 39,875,000 (IIM Holdings II, LLC), 229,182 (spouse), 1,650,000 (spouse via Securus Risk Management LLC), and 1,925,000 each in the Emma Cloonen and Ava Cloonen Irrevocable Trusts. Remaining RSUs reported were 322,817 direct and 322,817 indirect (spouse), vesting in 24 monthly installments from January 1, 2025 through December 31, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 22,918 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 22,918 | $0.00 | -- |
| Exercise | Common Stock | 22,918 | $0.00 | -- |
| Exercise | Common Stock | 22,918 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The securities reported herein are held by IIM Holdings II, LLC, 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, 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 beneficially owned by the reporting person's spouse. 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 beneficially owned by the reporting person's spouse through Securus Risk Management LLC. 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 Emma Cloonen Irrevocable Trust, of which the reporting person 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 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. These restricted stock units vest in 24 equal monthly installments commencing on January 1, 2025 and ending on December 31, 2026, subject to the reporting person's continued employment or service through each applicable vesting date.
FAQ
What insider transaction did SLDE's CEO report?
What are Bruce Lucas’s notable indirect SLDE holdings?
What does transaction code M indicate in this context?
How many RSUs remain for Bruce Lucas and his spouse?
What is the vesting schedule for the reported RSUs?