Slide Insurance CEO reports RSU vesting, tax withholding
Slide Insurance Holdings, Inc. director and Chief Executive Officer Bruce Lucas reported equity-compensation activity on July 31, 2026.
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and Chief Executive Officer Bruce Lucas reported equity-compensation activity on July 31, 2026. 22,919 restricted stock units for him and an additional 22,919 units for his spouse vested into common stock, with 9,019 shares of common stock withheld at $19.97 per share to satisfy tax liabilities. He also reports substantial indirect holdings, including 34,506,199 shares held through IIM Holdings II, LLC and 1,925,000 shares each through the Emma Cloonen and Ava Cloonen Irrevocable Trusts, all subject to customary beneficial-ownership and pecuniary-interest disclaimers.
Positive
- None.
Negative
- None.
Insider Trade Summary
45,838 shares exercised/converted
Exercise
9 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F7, F8 | 22,919 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F7, F8, F3 | 22,919 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,019 | $19.97 | $180K |
| Exercise | Common Stock F2, F3 | 22,919 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 116,551 contracts (Direct);
Restricted Stock Unit — 116,551 contracts (Indirect, By Spouse);
Common Stock — 2,193,144 shares (Direct);
Common Stock — 1,380,455 shares (Indirect, By Spouse);
Common Stock — 34,506,199 shares (Indirect, By IIM Holdings II, LLC);
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 (8)
- F1. 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.
- F2. The amount shown reflects the amount owned by the Reporting Person's spouse after the vesting of 22,919 restricted stock units on July 31, 2026 and the withholding of 9,019 shares of common stock for the payment of the tax liability associated therewith.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- F8. These restricted stock units vest in 24 equal monthly installments commencing on January 1, 2025 and ending on December 31, 2026, subject to the Reporting Person's continued employment or service through each applicable vesting date.
Key Figures
RSUs converted to common stock (direct): 22,919 shares
RSUs converted to common stock (spouse): 22,919 shares
Shares withheld for tax liability: 9,019 shares
+5 more
8 metrics
RSUs converted to common stock (direct)
22,919 shares
Restricted stock units settled into common stock for Bruce Lucas on July 31, 2026
RSUs converted to common stock (spouse)
22,919 shares
Restricted stock units settled into common stock beneficially owned by the reporting person’s spouse
Shares withheld for tax liability
9,019 shares
Common stock withheld to pay tax associated with RSU vesting at $19.97 per share
Tax withholding price
$19.97 per share
Price for common stock delivered or withheld to satisfy tax liability
Indirect holding via IIM Holdings II, LLC
34,506,199 shares
Common stock held indirectly through IIM Holdings II, LLC, an entity controlled by the reporting person
Emma Cloonen Irrevocable Trust holding
1,925,000 shares
Common stock held indirectly through the Emma Cloonen Irrevocable Trust
Ava Cloonen Irrevocable Trust holding
1,925,000 shares
Common stock held indirectly through the Ava Cloonen Irrevocable Trust
RSUs remaining after vesting (per block)
116,551 units
Restricted stock units reported as outstanding following the July 31, 2026 vesting event
Key Terms
Restricted Stock Unit, beneficial ownership, pecuniary interest, tax liability, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except"
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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
tax liability financial
"withholding of 9,019 shares of common stock for the payment of the tax liability"
irrevocable trust financial
"Represent shares held through the Emma Cloonen Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Slide Insurance (SLDE) CEO Bruce Lucas report on July 31, 2026?
Bruce Lucas reported the vesting of 22,919 restricted stock units into common stock for himself, plus a parallel 22,919-unit vesting for his spouse. These awards converted into common shares, with a portion later withheld to cover associated tax liabilities.
What large indirect Slide Insurance (SLDE) holdings does Bruce Lucas report?
Bruce Lucas reports 34,506,199 shares of Slide Insurance common stock held indirectly through IIM Holdings II, LLC. He also reports 1,925,000 shares held via the Emma Cloonen Irrevocable Trust and 1,925,000 shares via the Ava Cloonen Irrevocable Trust, subject to beneficial-ownership disclaimers.
Are the reported Slide Insurance (SLDE) transactions under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox in this Form 4 is not marked, so these transactions are not affirmatively identified as being executed under a Rule 10b5-1 trading plan. No footnote describes them as pre-arranged plan trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
