[Form 4] Slide Insurance Holdings, Inc. Insider Trading Activity
Reporting person: The form lists the reporting person as "Lucas Shannon" with an address at Slide Insurance Holdings, Inc.; the signature block references Jesse Schalk, Attorney-in-Fact for Shannon Lucas.
On 09/30/2025 the reporting person was credited with 22,918 restricted stock units (RSUs) that convert 1-for-1 to common stock. After the reported transactions the filing shows 206,264 shares directly beneficially owned and multiple significant indirect holdings: 1,650,000 shares held by Securus Risk Management, LLC and trusts/vehicles totaling millions of shares held indirectly by family-related trusts and spouse accounts. The RSUs vest in 24 equal monthly installments from 01/01/2025 through 12/31/2026.
- RSU vesting disclosed: 22,918 restricted stock units recorded on 09/30/2025, converting 1-for-1 to common stock
- Clear vesting schedule: RSUs vest in 24 equal monthly installments from 01/01/2025 through 12/31/2026
- Comprehensive ownership disclosure: Filing lists direct and multiple indirect holdings including entity and trust holdings
- Concentration of indirect holdings: Large indirect positions are held through spouse, trusts and Securus Risk Management, LLC (e.g., 1,650,000 shares via Securus; 39,875,000 shares via spouse vehicle)
- Potential complexity for investors: Multiple indirect ownership blocks and disclaimers may complicate assessment of actual beneficial control
Insights
TL;DR: Routine insider vesting increased reported direct and derivative holdings; material indirect holdings are held through related entities and spouse.
The filing records a standard vesting event: 22,918 RSUs were recorded on 09/30/2025, each converting to one share, and vesting occurs monthly across 2025-2026. Direct beneficial ownership after the transaction is 206,264 shares, and derivative holdings include 345,735 RSUs listed as derivative beneficial ownership. Significant indirect positions are disclosed: 1,650,000 shares via Securus Risk Management, LLC and multi-million-share interests held through named trusts and spouse-designated entities. From an analyst perspective this is a disclosure of compensation vesting and affiliated-party ownership rather than a market-facing transaction like an open-market sale.
TL;DR: Disclosure details compensation vesting and the presence of large affiliated/related-party holdings; reporting complies with Section 16 formatting.
The document identifies the reporting person as a director, 10% owner and an officer (CRO & COO). It discloses both direct and multiple indirect holdings, with explicit disclaimers that the reporter disclaims beneficial ownership of certain spouse- and entity-held shares except to the extent of pecuniary interest. The signature is by an attorney-in-fact, which is properly noted. This filing appears to be a routine, compliant Form 4 reporting vested RSUs and affiliated-party holdings rather than an operational or governance event.