Slide Insurance insider reports RSU vesting, tax withholding
Slide Insurance Holdings, Inc. director and President & COO Lucas Shannon reported compensation-related equity activity, mainly the vesting and exercise of restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and President & COO Lucas Shannon reported compensation-related equity activity, mainly the vesting and exercise of restricted stock units. On May 31, 2026, 22,919 RSUs vested for his spouse, generating 22,919 common shares, while 9,019 shares were withheld to cover associated tax liabilities. The filing also details indirect holdings through his spouse and related entities, including Securus Risk Management LLC and family trusts.
Insider Trade Summary
45,838 shares exercised/converted
Exercise
9 txns
Insider
Lucas Shannon
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 22,919 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 22,919 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,019 | $18.03 | $163K |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 162,388 contracts (Direct);
Restricted Stock Unit — 162,388 contracts (Indirect, By Spouse);
Common Stock — 233,900 shares (Direct);
Common Stock — 39,758,706 shares (Indirect, By Spouse);
Common Stock — 1,142,473 shares (Indirect, By Securus Risk Management, LLC)
Footnotes (8)
- F1. The securities reported herein are held by Securus Risk Management LLC, which is an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her 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 May 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 her 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 IIM Holdings II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her 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's spouse 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's spouse 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 vested: 22,919 units
Shares acquired via exercises: 45,838 shares
Tax-withholding shares: 9,019 shares
+3 more
6 metrics
RSUs vested
22,919 units
Restricted stock units vesting on May 31, 2026
Shares acquired via exercises
45,838 shares
Total shares from derivative exercises (code M)
Tax-withholding shares
9,019 shares
Shares delivered to pay tax liability
Tax-withholding price
$18.03/share
Value used for 9,019-share tax-withholding disposition
Direct common shares after transactions
233,900 shares
Direct ownership following tax withholding entry
Indirect Securus holdings
1,142,473 shares
Common stock held through Securus Risk Management LLC
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, pecuniary interest, +1 more
5 terms
Restricted Stock Unit financial
"security_title": "Restricted Stock Unit""
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
pecuniary interest financial
"except to the extent of her pecuniary interest therein"
indirect financial
"ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity transactions did Lucas Shannon report for SLDE on May 31, 2026?
Lucas Shannon reported vesting and exercises of restricted stock units and a related tax withholding on May 31, 2026. These Form 4 entries show compensation-driven share deliveries, not open-market buying or selling, and update his direct and indirect common stock holdings in Slide Insurance Holdings.
How many Slide Insurance (SLDE) RSUs vested in the reported Form 4?
A total of 22,919 restricted stock units vested in the reported period. Each RSU represents a right to receive one share of Slide Insurance common stock, reflecting part of equity compensation that vests over time based on continued employment or service with the company.
What were the tax-withholding details in Lucas Shannon’s SLDE Form 4?
The Form 4 shows 9,019 shares of Slide Insurance common stock were disposed of to satisfy tax liabilities. This tax-withholding disposition occurred in connection with RSU vesting and is a standard mechanism, not an open-market sale, used to cover payroll and income tax obligations.
How do the reported RSUs for SLDE vest over time for Lucas Shannon?
The restricted stock units vest in 24 equal monthly installments between January 1, 2025 and December 31, 2026. Continued employment or service with Slide Insurance is required at each vesting date, gradually converting RSUs into common shares over this two-year schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
