[Form 4] Slide Insurance Holdings, Inc. Insider Trading Activity
Bruce Lucas, Chief Executive Officer, director and reported >10% owner of Slide Insurance Holdings, Inc. (SLDE), reported transactions dated 09/30/2025 showing acquisition of 22,918 shares via restricted stock units and an increase in direct beneficial ownership to 1,135,654 shares. The filing discloses substantial indirect holdings: 2,575,837 shares held by an Irrevocable Grantor Retained Annuity Trust of 2014 and 39,875,000 shares held by IIM Holdings II, LLC, an entity the reporting person controls. Additional indirect holdings are reported for the reporting person’s spouse and family trusts. The restricted stock units vest in 24 equal monthly installments from 01/01/2025 through 12/31/2026. The form is signed by an attorney-in-fact on behalf of Mr. Lucas.
- Acquisition of 22,918 RSUs converted to common stock on 09/30/2025, increasing direct holdings to 1,135,654 shares
- Transparent disclosure of substantial indirect holdings including 39,875,000 shares held by IIM Holdings II, LLC and 2,575,837 shares held by an irrevocable trust
- Clear vesting schedule for RSUs: 24 equal monthly installments from 01/01/2025 to 12/31/2026
- None.
Insights
TL;DR Insider received vested RSUs increasing direct holdings; substantial indirect holdings signal concentrated ownership.
The Form 4 documents a grant/vesting event on 09/30/2025 for 22,918 restricted stock units that convert one-for-one into common shares and raise the reporting person’s direct beneficial ownership to 1,135,654 shares. Material indirect positions are disclosed, including 39,875,000 shares in IIM Holdings II, LLC and 2,575,837 shares in an irrevocable trust. The RSUs vest monthly through year-end 2026, indicating continued future share issuances to the insider tied to service. This is a routine insider compensation/vesting disclosure rather than an open-market purchase or sale.
TL;DR Director/CEO reported compensation vesting and detailed indirect ownership; disclosures align with Section 16 reporting requirements.
The filing identifies Bruce Lucas as CEO, director and >10% owner and discloses both direct and multiple indirect holdings, with disclaimers regarding beneficial ownership for certain family and entity-held shares. The 24-month vesting schedule for the RSUs is disclosed explicitly, and the report is executed by an attorney-in-fact. The disclosure is clear on ownership form and the nature of indirect holdings, meeting transparency expectations for insiders.