Slide Insurance (SLDE) director exercises 5,000 options and sells 5,000 shares
Rhea-AI Filing Summary
Slide Insurance Holdings director Stephen L. Rohde exercised stock options for 5,000 shares of common stock on August 6, 2026 at an exercise price of $1.38 per share. He then sold 5,000 common shares at a weighted average price of $21.00 per share, with individual sale prices ranging from $21.00 to $21.04 per share. After the transaction, he continues to hold 47,500 stock options that are fully vested and exercisable and expire on July 12, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 5,000 shares ($98K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
ROHDE STEPHEN L
Role
Director
Sold
5,000 shs ($105K)
Approx. gross sale proceeds
$105K
Approx. exercise cost
$7K
Approx. pre-tax spread
$98K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,000 | $1.38 | $7K |
| Sale | Common Stock F1 | 5,000 | $21.00 | $105K |
Holdings After Transaction:
Stock Option (Right to Buy) — 47,500 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $21.00 to $21.04 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.
- F2. These stock options are fully vested and exercisable.
Key Figures
Options Exercised: 5,000 shares
Option Exercise Price: $1.38 per share
Shares Sold: 5,000 shares
+3 more
6 metrics
Options Exercised
5,000 shares
Stock options for common stock exercised on August 6, 2026
Option Exercise Price
$1.38 per share
Exercise price of Stock Option (Right to Buy) for 5,000 shares
Shares Sold
5,000 shares
Common stock sold on August 6, 2026 following option exercise
Sale Price Range
$21.00–$21.04 per share
Weighted average sale price $21.00 with prices from $21.00 to $21.04
Options Remaining
47,500 options
Stock options held after transaction, fully vested and exercisable
Option Expiration
July 12, 2033
Expiration date of remaining stock options
Key Terms
Stock Option (Right to Buy), weighted average price, fully vested and exercisable
3 terms
Stock Option (Right to Buy) financial
"security_title is listed as Stock Option (Right to Buy) for 5,000 shares"
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.
fully vested and exercisable financial
"These stock options are fully vested and exercisable."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Slide Insurance (SLDE) director Stephen L. Rohde report in this Form 4?
Stephen L. Rohde exercised 5,000 stock options for Slide Insurance Holdings common stock and sold 5,000 shares on August 6, 2026. He also reported 47,500 fully vested options remaining after the transactions.
At what price did Stephen L. Rohde exercise Slide Insurance (SLDE) stock options?
He exercised 5,000 stock options for Slide Insurance common stock at an exercise price of $1.38 per share. These options were reported as fully vested and exercisable at the time of the transaction.
How many Slide Insurance (SLDE) stock options does Stephen L. Rohde still hold?
Following the reported exercise, Stephen L. Rohde holds 47,500 stock options in Slide Insurance Holdings. The options are fully vested and exercisable and carry an expiration date of July 12, 2033 according to the filing.
Was the Slide Insurance (SLDE) stock sale by Stephen L. Rohde under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as relying on a trading plan. The footnotes do not state that the transactions occurred under a pre-arranged Rule 10b5-1 trading plan.
What type of derivative security did Stephen L. Rohde exercise at Slide Insurance (SLDE)?
He exercised a Stock Option (Right to Buy) covering 5,000 underlying shares of Slide Insurance common stock. The options had a reported exercise price of $1.38 per share and an expiration date of July 12, 2033.