Slide Insurance CRO sells 11,250 shares after option exercise
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson exercised stock options and sold the resulting shares on May 11, 2026.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson exercised stock options and sold the resulting shares on May 11, 2026. He exercised options for 11,250 shares of Common Stock at an exercise price of $0.79 per share, then sold 11,250 shares in an open-market transaction at a weighted average price of $18.67 per share.
The trades were made under a Rule 10b5-1 trading plan adopted on December 4, 2025, indicating they were pre-scheduled. After these transactions, he reported holding no Common Stock directly and 38,998 stock options remaining, with the exercised options described as fully vested and exercisable.
Insider Trade Summary 10b5-1
Exercise and Sale: 11,250 shares ($201K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
LARSON MATTHEW PAUL
Role
Chief Risk Officer
Sold
11,250 shs ($210K)
Approx. gross sale proceeds
$210K
Approx. exercise cost
$9K
Approx. pre-tax spread
$201K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,250 | $0.79 | $9K |
| Sale | Common Stock | 11,250 | $18.67 | $210K |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,998 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (3)
- F1. Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.40 to $18.96 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.
- F3. These stock options are fully vested and exercisable.
Key Figures
Shares sold: 11,250 shares
Weighted average sale price: $18.67 per share
Options exercised: 11,250 shares
+5 more
8 metrics
Shares sold
11,250 shares
Common Stock sold on May 11, 2026 in open-market trade
Weighted average sale price
$18.67 per share
Common Stock sale on May 11, 2026; range $18.40–$18.96
Options exercised
11,250 shares
Common Stock obtained via option exercise on May 11, 2026
Option exercise price
$0.79 per share
Stock Option (Right to Buy) conversion price
Options remaining
38,998 options
Stock Option (Right to Buy) position after exercise
Common shares after transaction
0 shares
Directly held Common Stock following May 11, 2026 trades
10b5-1 plan adoption date
December 4, 2025
Plan governing the exercise-and-sell trades
Option expiration date
February 24, 2032
Expiration for Stock Option (Right to Buy) series
Key Terms
Rule 10b5-1 trading plan, weighted average price, Stock Option (Right to Buy), fully vested and exercisable, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"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.
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.
Stock Option (Right to Buy) financial
"security_title: "Stock Option (Right to Buy)""
fully vested and exercisable financial
"These stock options are fully vested and exercisable."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SLDE’s Chief Risk Officer report on this Form 4?
Slide Insurance’s Chief Risk Officer Matthew Paul Larson reported an exercise-and-sell transaction. He exercised options for 11,250 Common Stock shares and sold 11,250 shares in an open-market trade on May 11, 2026, according to the Form 4 data.
What stock options did the SLDE insider exercise in this filing?
Larson exercised stock options covering 11,250 shares of Slide Insurance Common Stock. The options had a stated exercise price of $0.79 per share and were described as fully vested and exercisable, with the underlying derivative labeled as a Stock Option (Right to Buy).
Was the Slide Insurance (SLDE) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the options were exercised and shares sold pursuant to a Rule 10b5-1 trading plan. That plan was adopted by the reporting person on December 4, 2025, indicating the transactions were pre-arranged rather than discretionary.
What are Matthew Paul Larson’s Slide Insurance holdings after this Form 4 transaction?
After the reported transactions, Larson showed zero directly held Common Stock shares. He reported 38,998 stock options remaining following the exercise of 11,250 options, giving him continued exposure through derivative securities rather than direct share ownership.
What does a net-sell Form 4 transaction mean for SLDE in this case?
This Form 4 reflects a net sale of 11,250 shares after an option exercise. It is an exercise-and-sell pattern, where all acquired shares were sold, and was executed under a pre-arranged 10b5-1 plan, which often indicates routine liquidity management rather than opportunistic timing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
