Slide Insurance CRO sells 11,374 shares at $24.62
Slide’s chief risk officer exercised and sold 11,374 shares under a pre-set Rule 10b5-1 trading plan, leaving a significant stock option position outstanding.
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. (SLDE) reported that Chief Risk Officer Matthew Paul Larson executed an option exercise-and-sale transaction on September 3, 2026. He exercised options for 11,374 shares of common stock at $1.38 per share and sold the same 11,374 shares at a weighted average price of $24.62 per share, with sale prices ranging from $24.50 to $24.87, in a transaction reported as occurring in the open market or a private transaction. The exercise and sale were carried out under a Rule 10b5-1 trading plan adopted on May 4, 2026. After the transaction, Larson held 38,874 stock options; a related disclosure states that, of 50,248 stock options reported, 36,498 are vested and exercisable and the remaining 13,750 are scheduled to vest on July 14, 2027, with the options expiring on February 24, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 11,374 shares ($264K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
LARSON MATTHEW PAUL
Role
Chief Risk Officer
Sold
11,374 shs ($280K)
Approx. gross sale proceeds
$280K
Approx. exercise cost
$16K
Approx. pre-tax spread
$264K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F3 | 11,374 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,374 | $1.38 | $16K |
| Sale | Common Stock F1, F2 | 11,374 | $24.62 | $280K |
Holdings After Transaction:
Stock Option (Right to Buy) — 38,874 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (3)
- F1. Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on May 4, 2026.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $24.50 to $24.87 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. Of the 50,248 stock options reported herein, 36,498 are vested and exercisable. The remaining 13,750 vest on July 14, 2027.
Key Figures
Shares exercised: 11,374 shares
Option exercise price: $1.38 per share
Shares sold: 11,374 shares
+5 more
8 metrics
Shares exercised
11,374 shares
Options exercised for common stock on September 3, 2026
Option exercise price
$1.38 per share
Exercise price for options converted into common stock
Shares sold
11,374 shares
Common stock sold on September 3, 2026 after option exercise
Weighted average sale price
$24.62 per share
Weighted average of sale prices from $24.50 to $24.87 per share
Options outstanding after transaction
38,874 options
Stock options held following the reported exercise
Total options referenced
50,248 stock options
Stock options referenced in a related disclosure note
Vested and exercisable options
36,498 options
Portion of referenced options that are vested and exercisable
Unvested options vesting July 14, 2027
13,750 options
Remaining options scheduled to vest on July 14, 2027
Key Terms
Rule 10b5-1 trading plan, weighted average price, vested and exercisable
3 terms
Rule 10b5-1 trading plan regulatory
"Exercised and 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.
vested and exercisable financial
"Of the 50,248 stock options reported herein, 36,498 are vested and exercisable."
FAQ
What insider transaction did SLDE’s chief risk officer report on September 3, 2026?
He exercised options for 11,374 shares of Slide Insurance Holdings, Inc. common stock at $1.38 per share and sold 11,374 shares the same day at a weighted average price of $24.62 per share, with prices ranging from $24.50 to $24.87.
Was the SLDE insider transaction made under a Rule 10b5-1 trading plan?
Yes. The exercise and sale were “exercised and sold pursuant to a 10b5-1 trading plan” that Matthew Paul Larson adopted on May 4, 2026, indicating the trades were pre-arranged under that plan.
What stock options does the SLDE chief risk officer retain after this Form 4 transaction?
After the reported exercise, he held 38,874 stock options. A related disclosure notes that, of 50,248 stock options reported, 36,498 are vested and exercisable and 13,750 are scheduled to vest on July 14, 2027.
What is the exercise price and expiration date of the SLDE options involved?
The options exercised to acquire Slide Insurance Holdings, Inc. shares had an exercise price of $1.38 per share and an expiration date of February 24, 2032, as disclosed in the Form 4 data.
What role does Matthew Paul Larson hold at SLDE in this Form 4?
Matthew Paul Larson is identified as the Chief Risk Officer of Slide Insurance Holdings, Inc. in the Form 4 reporting these option exercise and share sale transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
