Slide Insurance COO Increases Stake; 414k RSUs Still Outstanding

Rhea-AI Filing Summary

Slide Insurance Holdings, Inc. (SLDE) – Form 4 insider filing

Chief Revenue & Operating Officer Shannon Lucas, who is also a director and 10% owner, reported the exercise and settlement of 22,918 restricted stock units (RSUs) on 30 Jun 2025 (transaction code “M”). Each RSU converts into one share of common stock at zero cost to the insider. The same number of RSUs held by Ms. Lucas’s spouse was likewise converted, adding another 22,918 shares under indirect ownership.

After the transactions, Ms. Lucas’s direct common-stock holding stands at 137,510 shares, while indirect beneficial ownership totals remain sizable through multiple entities and trusts: 1.65 MM shares via Securus Risk Management LLC, 1.925 MM shares each in the Emma and Ava Cloonen Irrevocable Trusts, 1.067 MM shares and 2.576 MM shares under spouse-related accounts, plus 39.875 MM shares through IIM Holdings II, LLC.

Derivative holdings show 414,489 RSUs still outstanding for both Ms. Lucas and her spouse. These RSUs vest in 24 equal monthly installments from 1 Jan 2025 to 31 Dec 2026, aligning management incentives with long-term shareholder value.

No shares were sold, and the filing does not reflect open-market buying; the reported increase results solely from scheduled RSU conversions.

Insights

Senior Equity Analyst

TL;DR: Routine RSU conversion adds 45,836 insider shares; no cash purchase, neutral valuation impact.

The Form 4 shows scheduled vesting of management RSUs rather than discretionary buying or selling. While direct ownership increased to 137.5 k shares, the key takeaway is that Ms. Lucas, already a 10%+ holder, maintains extensive exposure (≈49 MM shares direct + indirect). The absence of sales is modestly reassuring, yet the event is largely procedural and does not alter capital structure or convey new information on operating performance. Impact for investors: neutral; file supports alignment but does not signal incremental bullish or bearish sentiment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lucas Shannon

(Last) (First) (Middle)

C/O SLIDE INSURANCE HOLDINGS, INC.,

4221 W. BOY SCOUT BLVD., SUITE 200

(Street)

TAMPA FL 33607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Slide Insurance Holdings, Inc. [ SLDE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CRO & COO

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/30/2025		M		22,918	A	(1)	137,510	D
Common Stock								1,650,000	I	By Securus Risk Management, LLC(2)
Common Stock								1,925,000	I	By Emma Cloonen Irrevocable Trust
Common Stock								1,925,000	I	By Ava Cloonen Irrevocable Trust
Common Stock	06/30/2025		M		22,918	A	(1)	1,066,900	I	By Spouse(3)
Common Stock								2,575,837	I	By Spouse(4)
Common Stock								39,875,000	I	By Spouse(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	06/30/2025		M			22,918	(6)	(6)	Common Stock	22,918	$0	414,489	D
Restricted Stock Unit	(1)	06/30/2025		M			22,918	(6)	(6)	Common Stock	22,918	$0	414,489	I	By Spouse(3)

Explanation of Responses:

1. The restricted stock unit represents a contingent right to receive one share of the issuer's common stock.

2. The securities reported herein are held by Securus Risk Management LLC, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

3. Represent shares of common stock beneficially owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

4. Represent shares of common stock beneficially owned by the reporting person's spouse through Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

5. Represent shares of common stock beneficially owned by the reporting person's spouse through IIM Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

6. These restricted stock units vest in 24 equal monthly installments commencing on January 1, 2025 and ending on December 31, 2026, subject to the reporting person's continued employment or service through each applicable vesting date.

	/s/ Jesse Schalk, Attorney-in-Fact for Shannon Lucas	07/02/2025
	** Signature of Reporting Person	Date
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