Slide Insurance (SLDE) CRO exercises options, sells 11,250 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. Chief Risk Officer Matthew Paul Larson exercised stock options and sold the resulting shares in a pre-planned transaction. On May 26, 2026, he exercised options to acquire 11,250 shares of Common Stock at $0.79 per share, then sold 11,250 shares of Common Stock in an open-market sale at a weighted average price of $18.56 per share pursuant to a Rule 10b5-1 trading plan adopted on December 4, 2025. After these transactions, his directly held Common Stock position reported in this filing was 0 shares. The stock options exercised were described as fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,250 shares ($208,800)
Net Sell
3 txns
Insider
LARSON MATTHEW PAUL
Role
Chief Risk Officer
Sold
11,250 shs ($209K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,250 | $0.00 | -- |
| Exercise | Common Stock | 11,250 | $0.79 | $9K |
| Sale | Common Stock | 11,250 | $18.56 | $209K |
Holdings After Transaction:
Stock Option (Right to Buy) — 11,498 shares (Direct, null);
Common Stock — 11,250 shares (Direct, null)
Footnotes (1)
- Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.33 to $18.76 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. These stock options are fully vested and exercisable.
Key Figures
Shares sold: 11,250 shares
Sale price (weighted average): $18.56 per share
Sale price range: $18.33 to $18.76 per share
+5 more
8 metrics
Shares sold
11,250 shares
Common Stock sold on May 26, 2026
Sale price (weighted average)
$18.56 per share
Common Stock open-market sale
Sale price range
$18.33 to $18.76 per share
Price range for sold shares
Option exercise size
11,250 shares
Common Stock acquired via option exercise
Option exercise price
$0.79 per share
Stock Option (Right to Buy) conversion price
Common shares after sale
0 shares
Directly held Common Stock following transactions
10b5-1 plan adoption date
December 4, 2025
Plan governing the exercise and sale
Option expiration date
February 24, 2032
Expiration of Stock Option (Right to Buy)
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), weighted average price, Common Stock, +1 more
5 terms
Rule 10b5-1 trading plan financial
"Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person"
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.
Stock Option (Right to Buy) financial
"Stock Option (Right to Buy) with an exercise price of $0.79 per share"
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.
Common Stock financial
"Common Stock sold in open-market transaction at a weighted average price"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested and exercisable financial
"These stock options are fully vested and exercisable"
FAQ
What insider transaction did Slide Insurance (SLDE) report for Matthew Paul Larson?
Slide Insurance reported that Chief Risk Officer Matthew Paul Larson exercised options for 11,250 Common Stock shares and sold 11,250 shares in an open-market transaction on May 26, 2026, with all actions disclosed in a single Form 4 filing.
What stock options did Matthew Paul Larson exercise in this Slide Insurance (SLDE) Form 4?
He exercised stock options covering 11,250 shares of Slide Insurance Common Stock at an exercise price of $0.79 per share. A footnote explains that these stock options are fully vested and exercisable, meaning he had the right to convert them into shares.
Was the Slide Insurance (SLDE) insider sale by Matthew Paul Larson pre-planned?
Yes. A footnote explains the exercise and sale were conducted under a Rule 10b5-1 trading plan adopted by Larson on December 4, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as an indicator of insider sentiment.