Slide Insurance (SLDE) CEO-linked entity sells 481,983 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and CEO Bruce Lucas reported indirect open-market sales of common stock by IIM Holdings II, LLC, an entity he controls. IIM Holdings II, LLC sold 136,500 shares on April 27, 154,207 shares on April 28, and 191,276 shares on April 29, 2026, at weighted-average prices of $18.75, $18.94, and $19.24 per share, respectively, under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025.
Following these transactions, IIM Holdings II, LLC held 36,571,004 Slide Insurance shares. The filing also reports additional indirect holdings through the reporting person’s spouse, trusts, and a grantor retained annuity trust, as well as 1,137,546 shares held directly. A footnote states the spouse sold 47,668 shares between April 27–29, 2026 under a separate 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 481,983 shares ($9,160,206)
Net Sell
9 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
Sold
481,983 shs ($9.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 191,276 | $19.24 | $3.68M |
| Sale | Common Stock | 154,207 | $18.94 | $2.92M |
| Sale | Common Stock | 136,500 | $18.75 | $2.56M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 36,571,004 shares (Indirect, By IIM Holdings II, LLC);
Common Stock — 1,137,546 shares (Direct, null)
Footnotes (1)
- Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.60 to $19.05 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. 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.75 to $19.15 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.77 to $19.78 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. 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. The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 47,668 shares of common stock between April 27-29, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $18.60 to $19.78 per share. 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. 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. 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 April 27, 2026: 136,500 shares at $18.75
Shares sold April 28, 2026: 154,207 shares at $18.94
Shares sold April 29, 2026: 191,276 shares at $19.24
+4 more
7 metrics
Shares sold April 27, 2026
136,500 shares at $18.75
Open-market sale by IIM Holdings II, LLC
Shares sold April 28, 2026
154,207 shares at $18.94
Open-market sale by IIM Holdings II, LLC
Shares sold April 29, 2026
191,276 shares at $19.24
Open-market sale by IIM Holdings II, LLC
Total shares sold
481,983 shares
Net open-market sales over April 27–29, 2026
IIM Holdings II, LLC remaining holdings
36,571,004 shares
Indirect Slide Insurance position after April 29, 2026 sale
Direct holdings
1,137,546 shares
Shares held directly by reporting person as of April 27, 2026
Spouse’s recent sale
47,668 shares at $18.60–$19.78
Shares sold by spouse between April 27–29, 2026 under 10b5-1 plan
Key Terms
Rule 10b5-1 trading plan, beneficial ownership, Grantor Retained Annuity Trust, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan financial
"Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
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.
Grantor Retained Annuity Trust financial
"Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
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.
indirect ownership financial
"The securities reported herein are held by IIM Holdings II, LLC, which is an entity controlled by the Reporting Person."
FAQ
What insider transactions did SLDE CEO Bruce Lucas report in this Form 4?
The filing shows indirect open-market sales of Slide Insurance common stock by IIM Holdings II, LLC, controlled by Bruce Lucas, totaling 481,983 shares over April 27–29, 2026 at weighted-average prices around the high-$18 to low-$19 range per share.