Slide Insurance (SLDE) director exercises options, sells 5,000 shares
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. (SLDE) director Stephen L. Rohde reported an option exercise-and-sale transaction. He exercised 5,000 stock options for Common Stock at an exercise price of $1.38 per share, then sold 5,000 common shares at a weighted average price of $21.89 per share, with actual sale prices ranging from $21.89 to $21.91 per share. After the exercise, he holds 42,500 stock options that are fully vested and exercisable.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 5,000 shares ($103K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
ROHDE STEPHEN L
Role
Director
Sold
5,000 shs ($109K)
Approx. gross sale proceeds
$109K
Approx. exercise cost
$7K
Approx. pre-tax spread
$103K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F2 | 5,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,000 | $1.38 | $7K |
| Sale | Common Stock F1 | 5,000 | $21.89 | $109K |
Holdings After Transaction:
Stock Option (Right to Buy) — 42,500 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $21.89 to $21.91 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.
- F2. These stock options are fully vested and exercisable.
Key Figures
Options exercised: 5,000 shares
Option exercise price: $1.38 per share
Common shares sold: 5,000 shares
+3 more
6 metrics
Options exercised
5,000 shares
Stock Option (Right to Buy) exercised on 2026-08-14
Option exercise price
$1.38 per share
Conversion or exercise price of stock options
Common shares sold
5,000 shares
Sale of Common Stock on 2026-08-14
Weighted average sale price
$21.89 per share
Weighted average price, with range $21.89 to $21.91 per share
Options held after transaction
42,500 options
Total stock options following option exercise
Option expiration date
2033-07-12
Expiration date of exercised stock option grant
Key Terms
Stock Option (Right to Buy), derivative security, weighted average price, fully vested and exercisable
4 terms
Stock Option (Right to Buy) financial
"security_title: Stock Option (Right to Buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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.
fully vested and exercisable financial
"These stock options are fully vested and exercisable."
FAQ
What did insider Stephen L. Rohde report in this Form 4 for SLDE?
Stephen L. Rohde exercised 5,000 stock options at $1.38 per share and sold 5,000 common shares at a weighted average price of $21.89 per share, with prices ranging from $21.89 to $21.91.
How many Slide Insurance (SLDE) stock options did Rohde exercise and at what price?
Rohde exercised 5,000 stock options for Slide Insurance Holdings, Inc. at an exercise price of $1.38 per share. These options were reported as fully vested and exercisable at the time of the transaction.
How many Slide Insurance (SLDE) stock options does Rohde hold after this transaction?
Following the reported option exercise, Rohde holds 42,500 stock options for Slide Insurance Holdings, Inc. The filing states these stock options are fully vested and exercisable.
Was the SLDE insider sale made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for this report. There is no footnote stating the transactions were made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
