CFO of Slide Insurance (SLDE) sells 9,000 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings Chief Financial Officer Anastasios Omiridis reported a sequence of equity transactions involving restricted stock units and common shares. On February 25, 2026, he was granted 15,384 restricted stock units, each representing the right to receive one share of common stock. These RSUs vested on April 30, 2026 and were converted into 15,384 shares of common stock. On the same date, 6,054 shares were withheld to cover tax liabilities, a non‑market disposition, leaving him with 9,330 common shares.
On May 4, 2026, Omiridis executed an open‑market sale of 9,000 common shares at an average price of $18.55 per share, leaving him with 330 common shares held directly after the transactions. A footnote explains that the original RSU grant was not reported within two business days due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,000 shares ($166,950)
Net Sell
5 txns
Insider
Omiridis Anastasios
Role
Chief Financial Officer
Sold
9,000 shs ($167K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,000 | $18.55 | $167K |
| Exercise | Restricted Stock Unit | 15,384 | $0.00 | -- |
| Exercise | Common Stock | 15,384 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,054 | $18.65 | $113K |
| Grant/Award | Restricted Stock Unit | 15,384 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 330 shares (Direct, null);
Restricted Stock Unit — 0 shares (Direct, null)
Footnotes (1)
- Shares withheld for payment of tax liability. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. On February 25, 2026, the Reporting Person was granted 15,384 restricted stock units which vested on April 30, 2026. Due to an administrative error, the grant of the restricted stock units were not reported on a Form 4 within two business days of the transaction.
Key Figures
Open-market sale: 9,000 shares at $18.55
Tax withholding shares: 6,054 shares at $18.65
RSU grant size: 15,384 restricted stock units
+4 more
7 metrics
Open-market sale
9,000 shares at $18.55
Common stock sale on May 4, 2026
Tax withholding shares
6,054 shares at $18.65
Withheld for tax liability on April 30, 2026
RSU grant size
15,384 restricted stock units
Granted February 25, 2026
RSUs converted
15,384 common shares
Derivative exercise on April 30, 2026
Shares after vesting, before sale
9,330 common shares
Holding after tax withholding on April 30, 2026
Shares after all transactions
330 common shares
Directly held after May 4, 2026 sale
Net buy/sell shares
9,000 net-sell shares
Aggregate net direction from transaction summary
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"Exercise or conversion of derivative security."
grant, award, or other acquisition financial
"Grant, award, or other acquisition."
open-market sale financial
"Sale in open market or private transaction."
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.
FAQ
What did Slide Insurance (SLDE) CFO sell in the latest Form 4 filing?
The CFO of Slide Insurance, Anastasios Omiridis, sold 9,000 shares of common stock in an open‑market transaction at $18.55 per share on May 4, 2026, according to the Form 4 filing.
What restricted stock units did the Slide Insurance (SLDE) CFO receive and when did they vest?
On February 25, 2026, Slide Insurance CFO Anastasios Omiridis was granted 15,384 restricted stock units. A footnote states these RSUs vested on April 30, 2026, and each unit represented a contingent right to receive one share of common stock.
Was there an error in reporting the Slide Insurance (SLDE) CFO’s RSU grant?
Yes. A footnote explains that the February 25, 2026 grant of 15,384 restricted stock units to Slide Insurance CFO Anastasios Omiridis was not reported on Form 4 within two business days because of an administrative error.
How are the Slide Insurance (SLDE) CFO’s RSU exercises reflected in this Form 4?
The filing shows the CFO exercised 15,384 restricted stock units into 15,384 common shares on April 30, 2026. After 6,054 shares were withheld for taxes, he held 9,330 common shares before the later sale.