Slide Insurance CRO exercises options, sells shares
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson exercised stock options for 11,250 shares of common stock at an exercise price of $0.79 per share and immediately sold the 11,250 shares at $18.00 per share.
Rhea-AI Filing Summary
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson exercised stock options for 11,250 shares of common stock at an exercise price of $0.79 per share and immediately sold the 11,250 shares at $18.00 per share. These fully vested options were exercised and sold under a pre-arranged Rule 10b5-1 trading plan adopted on December 4, 2025.
After this transaction, Larson retained 42,500 stock options with the same underlying stock and an expiration date of February 21, 2032, while his directly held common shares from this lot were reduced to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 11,250 shares ($194K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
LARSON MATTHEW PAUL
Role
Chief Risk Officer
Sold
11,250 shs ($203K)
Approx. gross sale proceeds
$203K
Approx. exercise cost
$9K
Approx. pre-tax spread
$194K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,250 | $0.79 | $9K |
| Sale | Common Stock | 11,250 | $18.00 | $203K |
Holdings After Transaction:
Stock Option (Right to Buy) — 42,500 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025.
- F2. These stock options are fully vested and exercisable.
Key Figures
Options exercised: 11,250 shares
Exercise price: $0.79 per share
Shares sold: 11,250 shares
+4 more
7 metrics
Options exercised
11,250 shares
Stock options exercised into common stock on March 30, 2026
Exercise price
$0.79 per share
Exercise price of stock options converted to common stock
Shares sold
11,250 shares
Common stock sold on March 30, 2026
Sale price
$18.00 per share
Price for open-market sale of common stock
Options remaining
42,500 options
Stock options held after exercise, expiring February 21, 2032
Option expiration
February 21, 2032
Expiration date of remaining stock options
Transaction date
March 30, 2026
Date of exercise and sale transactions
Key Terms
Rule 10b5-1 trading plan, Stock Option (Right to Buy), Exercise or conversion of derivative security, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
open-market sale financial
"transaction_action: open-market sale"
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.
fully vested and exercisable financial
"These stock options are fully vested and exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SLDE’s Chief Risk Officer report?
Slide Insurance’s Chief Risk Officer Matthew Paul Larson exercised 11,250 stock options at $0.79 per share and sold 11,250 common shares at $18.00 per share. The exercise and sale occurred on March 30, 2026, as part of a pre-arranged Rule 10b5-1 trading plan.
What stock options does the SLDE insider still hold after this Form 4?
After the reported transactions, Larson held 42,500 stock options for Slide Insurance common stock. These options are fully vested and exercisable and carry an expiration date of February 21, 2032, indicating he maintains a meaningful derivative-based exposure to the company’s equity.
Were the SLDE insider’s trades made under a Rule 10b5-1 plan?
Yes. The filing states that the options were exercised and the resulting shares sold pursuant to a Rule 10b5-1 trading plan adopted on December 4, 2025. Such pre-arranged plans are designed to allow orderly, scheduled trading independent of day-to-day market conditions.
What does the exercise price and sale price mean for the SLDE options transaction?
Larson exercised options with a $0.79 per share exercise price and sold the resulting common shares at $18.00 per share. This spread shows the options were significantly in the money, and the transaction converted an existing derivative position into cash and remaining unexercised options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
