Slide Insurance CEO's grants convert to 22,919 shares
The RSUs vest in 24 equal monthly installments through December 31, 2026, subject to continued employment or service.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. CEO Bruce Lucas reported that 22,919 restricted stock units held directly and 22,919 held by his spouse converted into common shares on September 30, 2026. He also reported 9,019 common shares delivered or withheld for payment of exercise price or tax liability at $22.31 per share. The disclosed vesting schedule is 24 equal monthly installments commencing January 1, 2025, and ending December 31, 2026, subject to continued employment or service.
Insider Trade Summary
45,838 shares exercised/converted
Exercise
9 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F7, F8 | 22,919 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F7, F8, F3 | 22,919 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,019 | $22.31 | $201K |
| Exercise | Common Stock F2, F3 | 22,919 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 70,714 contracts (Direct);
Restricted Stock Unit — 70,714 contracts (Indirect, By Spouse);
Common Stock — 2,220,943 shares (Direct);
Common Stock — 1,408,254 shares (Indirect, By Spouse);
Common Stock — 34,506,199 shares (Indirect, By IIM Holdings II, LLC);
Common Stock — 1,925,000 shares (Indirect, By Emma Cloonen Irrevocable Trust);
Common Stock — 1,925,000 shares (Indirect, By Ava Cloonen Irrevocable Trust)
Footnotes (8)
- F1. The securities reported herein are held by IIM Holdings II, LLC, which is an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
- F2. The amount shown reflects the amount owned by the Reporting Person's spouse after the vesting of 22,919 restricted stock units on September 30, 2026 and the withholding of 9,019 shares of common stock for the payment of the tax liability associated therewith.
- F3. 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 his 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.
- F4. Represent shares of common stock beneficially owned by the Reporting Person's spouse through Securus Risk Management LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
- F5. Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
- F6. Represent shares held through the Ava Cloonen Irrevocable Trust, of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his 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.
- F7. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- F8. 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.
Key Figures
Common shares acquired on conversion, direct: 22,919 shares
Common shares acquired on conversion, spouse: 22,919 shares
Shares delivered or withheld: 9,019 shares
+2 more
5 metrics
Common shares acquired on conversion, direct
22,919 shares
September 30, 2026
Common shares acquired on conversion, spouse
22,919 shares
September 30, 2026
Shares delivered or withheld
9,019 shares
Payment of exercise price or tax liability
Per-share price
$22.31 per share
Shares delivered or withheld on September 30, 2026
RSU vesting installments
24 equal monthly installments
January 1, 2025, through December 31, 2026
Key Terms
restricted stock unit, vest, tax liability, pecuniary interest
4 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.
vest financial
"vest in 24 equal monthly installments commencing on January 1, 2025"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax liability financial
"payment of the tax liability associated therewith"
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the SLDE CEO's restricted stock unit vesting schedule?
The restricted stock units vest in 24 equal monthly installments, commencing January 1, 2025, and ending December 31, 2026, subject to continued employment or service through each applicable vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
