MAOV Slide LLC tied to Slide Insurance (SLDE) sells 15K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. reported an insider-related transaction involving an entity controlled by director Andrew Pardo Wright. On May 1, 2026, MAOV Slide, LLC completed an open-market sale of 15,000 shares of common stock at $18.75 per share.
Following this sale, MAOV Slide, LLC held 206,837 shares of Slide Insurance common stock, reported as indirect ownership for Wright. He disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the entity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($281,250)
Net Sell
1 txn
Insider
Wright Andrew Pardo
Role
null
Sold
15,000 shs ($281K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $18.75 | $281K |
Holdings After Transaction:
Common Stock — 206,837 shares (Indirect, By MAOV Slide, LLC)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price per share: $18.75 per share
Shares held after transaction: 206,837 shares
3 metrics
Shares sold
15,000 shares
Open-market sale on May 1, 2026
Sale price per share
$18.75 per share
Common Stock transaction code S
Shares held after transaction
206,837 shares
Indirectly held by MAOV Slide, LLC
Key Terms
open-market sale, indirect ownership, pecuniary interest, transaction code "S"
4 terms
open-market sale financial
"completed an open-market sale of 15,000 shares of common stock"
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.
indirect ownership financial
"These shares are reported as indirect ownership for Wright."
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest"
transaction code "S" financial
"The transaction was reported as an open-market or private sale under transaction code “S”"
FAQ
What insider transaction did Slide Insurance (SLDE) disclose on this Form 4?
Slide Insurance disclosed an indirect insider transaction where MAOV Slide, LLC, an entity controlled by director Andrew Pardo Wright, sold 15,000 shares of common stock in an open-market sale at $18.75 per share on May 1, 2026.
Is the Slide Insurance (SLDE) transaction a direct or indirect holding for the director?
The transaction involves an indirect holding. The shares are held by MAOV Slide, LLC, which is controlled by director Andrew Pardo Wright. The Form 4 identifies the ownership type as indirect and notes that the securities are held by this LLC.
What beneficial ownership disclaimer did Andrew Pardo Wright make in the SLDE Form 4?
Andrew Pardo Wright disclaimed beneficial ownership of the MAOV Slide, LLC shares except to the extent of his pecuniary interest. The footnote specifies that the securities are held by MAOV Slide, LLC, an entity he controls, clarifying the nature of his economic interest.