[Form 4] Slide Insurance Holdings, Inc. Insider Trading Activity
Slide Insurance Holdings CEO and director Bruce Lucas reported acquisition of 22,918 restricted stock units on 07/31/2025 that convert one-for-one into common shares. The RSUs vest in 24 equal monthly installments commencing January 1, 2025 and ending December 31, 2026, subject to continued service. Following the reported transactions he directly beneficially owns 1,089,818 shares and indirectly holds 2,575,837 shares via a grantor retained annuity trust and 39,875,000 shares via IIM Holdings II, LLC. Spouse-related indirect holdings disclosed total 5,660,428 shares across listed trusts and entities. The filing also shows 391,571 derivative/RSU interests noted as beneficially owned.
- 22,918 restricted stock units were acquired/vested, increasing the reporting person’s direct equity stake
- Clear disclosure of vesting schedule: 24 equal monthly installments from 01/01/2025 to 12/31/2026
- High level of aligned ownership disclosed: 39,875,000 shares held via IIM Holdings II, LLC and other trust holdings are explicitly reported
- None.
Insights
TL;DR: Insider vesting of 22,918 RSUs modestly increases direct holdings while majority ownership remains concentrated through affiliated entities.
The Form 4 reports a routine compensation-related vesting event: 22,918 restricted stock units that convert to common stock and vest monthly over 24 months. After the transaction Bruce Lucas is shown with 1,089,818 direct shares and material indirect positions of 2,575,837 (trust) and 39,875,000 (IIM Holdings II, LLC). From a market-impact perspective this filing documents significant insider-aligned ownership but describes an internal vesting event rather than an open-market purchase or sale.
TL;DR: Disclosure clarifies compensation vesting and shows concentrated insider ownership across trusts and entities, relevant for control and governance.
The report specifies the RSU vesting schedule (24 equal monthly installments from 01/01/2025 to 12/31/2026) and identifies multiple indirect holdings by trusts, an LLC and the reporting person's spouse. These details improve transparency about beneficial ownership and voting alignment. The filing contains standard disclaimers of beneficial ownership where applicable, and does not indicate officer departures, sales, or new contractual arrangements beyond the awarded RSUs.