Slide Insurance CEO sells shares under 10b5-1 plan
Slide Insurance Holdings, Inc. director and CEO Lucas Bruce reported open-market sales of common stock through an affiliated entity.
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Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and CEO Lucas Bruce reported open-market sales of common stock through an affiliated entity. On June 10, 2026, IIM Holdings II, LLC sold 192,695 shares at a weighted average price of about $17.03 per share. On June 11, 2026, it sold another 44,467 shares at a weighted average price of about $17.12 per share. The filing states these transactions were made under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025, which was terminated effective June 12, 2026. After these sales, IIM Holdings II, LLC held 34,506,199 shares of Slide Insurance common stock, and Bruce also reported additional indirect holdings through family trusts and his spouse, plus 1,165,345 shares held directly.
Insider Trade Summary 10b5-1
Net Seller: 237,162 shares
Net Sell
7 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
Sold
237,162 shs ($4.04M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 44,467 | $17.12 | $761K |
| Sale | Common Stock | 192,695 | $17.03 | $3.28M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 34,506,199 shares (Indirect, By IIM Holdings II, LLC);
Common Stock — 1,165,345 shares (Direct);
Common Stock — 1,352,656 shares (Indirect, By Spouse);
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 (9)
- F1. These shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025. The plan was terminated effective as of the close of business on June 12, 2026.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.00 to $17.13 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F3. 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.
- F4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.10 to $17.23 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F5. 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.
- F6. The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 23,717 shares of common stock between June 10 - 11, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.00 to $17.23 per share.
- F7. 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.
- F8. 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.
- F9. 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.
Key Figures
Shares sold June 10, 2026: 192,695 shares
Shares sold June 11, 2026: 44,467 shares
Total shares sold: 237,162 shares
+5 more
8 metrics
Shares sold June 10, 2026
192,695 shares
Open-market sale at weighted average price about $17.03
Shares sold June 11, 2026
44,467 shares
Open-market sale at weighted average price about $17.12
Total shares sold
237,162 shares
Sum of June 10–11, 2026 open-market sales
Price range June 10 sales
$17.00–$17.13 per share
Weighted average price disclosed in footnote
Price range June 11 sales
$17.10–$17.23 per share
Weighted average price disclosed in footnote
Indirect holdings via IIM Holdings II, LLC
34,506,199 shares
Shares of Slide Insurance common stock after June 11, 2026 sale
Direct holdings by Lucas Bruce
1,165,345 shares
Common stock held directly as of June 10, 2026
Holdings in each irrevocable trust
1,925,000 shares
Common stock in Ava and Emma Cloonen Irrevocable Trusts each
Key Terms
Rule 10b5-1 trading plan, weighted average price, beneficial ownership, Section 16, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person"
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.
weighted average price financial
"Represents the weighted average price of the shares sold."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SLDE CEO Lucas Bruce report in this Form 4?
Lucas Bruce reported two open-market sales of Slide Insurance common stock through IIM Holdings II, LLC, totaling 237,162 shares at prices around $17 per share. These sales occurred on June 10 and June 11, 2026, and were disclosed as routine Form 4 transactions.
What are Lucas Bruce’s other reported Slide Insurance (SLDE) holdings after these transactions?
Beyond IIM Holdings II, LLC, the Form 4 shows 1,165,345 shares held directly by Lucas Bruce. It also reports indirect holdings through his spouse and two irrevocable trusts, with each trust and spouse-related account showing seven-figure or six-figure share positions after recent activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
