Slide Insurance (SLDE) Chief Revenue Officer sells 18,723 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. Chief Revenue Officer Charles William Powell reported an open-market sale of 18,723 shares of Common Stock on April 29, 2026 at a weighted average price of $20.03 per share. Following the sale, he directly holds 2,080 shares. The transaction was executed under a Rule 10b5-1 trading plan adopted on December 15, 2025, meaning the trades were pre-scheduled rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 18,723 shares ($375,022)
Net Sell
1 txn
Insider
POWELL CHARLES WILLIAM
Role
Chief Revenue Officer
Sold
18,723 shs ($375K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,723 | $20.03 | $375K |
Holdings After Transaction:
Common Stock — 2,080 shares (Direct, null)
Footnotes (1)
- Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $20.00 to $20.05 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.
Key Figures
Shares sold: 18,723 shares
Weighted average sale price: $20.03 per share
Post-transaction holdings: 2,080 shares
+2 more
5 metrics
Shares sold
18,723 shares
Open-market sale on April 29, 2026
Weighted average sale price
$20.03 per share
Common Stock transaction
Post-transaction holdings
2,080 shares
Shares held directly after sale
Sale price range
$20.00–$20.05 per share
Price range for executed trades
Trading plan adoption date
December 15, 2025
Rule 10b5-1 plan for the sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 15, 2025."
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.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Slide Insurance (SLDE) report for Charles William Powell?
Slide Insurance reported that Chief Revenue Officer Charles William Powell sold 18,723 shares of common stock in an open-market transaction at a weighted average price of $20.03 per share, leaving him with 2,080 shares held directly after the sale.
Was the Slide Insurance (SLDE) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was executed under a Rule 10b5-1 trading plan adopted by Charles William Powell on December 15, 2025, indicating the sale was pre-arranged rather than timed in response to short-term market developments.
What type of transaction code appears on the Slide Insurance (SLDE) Form 4?
The Form 4 lists transaction code “S” for Charles William Powell’s activity, which the filing describes as a sale in an open-market or private transaction of common stock, rather than an option exercise, gift, or tax-withholding related disposition.