Slide Insurance CRO sells 11,250 shares after option exercise
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson reported option exercises and share sales in company stock.
Rhea-AI Filing Summary
Slide Insurance Holdings Chief Risk Officer Matthew Paul Larson reported option exercises and share sales in company stock. On March 3, he exercised 11,250 stock options and received 11,250 shares of common stock at an exercise price of $0.79 per share. He then sold 11,250 common shares in an open-market transaction at a weighted average price of $19.01 per share, with individual sale prices ranging from $19.00 to $19.04. After these transactions, he reported no directly held common stock, while continuing to hold stock options, including grants that are fully vested and others that vest in stages through July 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 11,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,250 | $0.79 | $9K |
| Sale | Common Stock | 11,250 | $19.01 | $214K |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (4)
- F1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $19.00 to $19.04 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. The exercise price, expiration date and number of stock options reported herein differ from those previously reported on the Reporting Person's Form 3 due to an administrative error. This Form 4 reflects the correct exercise price, expiration date and number of stock options held as of such date.
- F3. These stock options are fully vested and exercisable.
- F4. Of the 55,000 stock options reported herein, 27,500 are vested and exercisable. The remaining 27,500 vest ratably on July 14, 2026 and July 14, 2027.
FAQ
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What insider transactions did Slide Insurance (SLDE) report for Matthew Paul Larson?
Did Matthew Paul Larson retain any Slide Insurance (SLDE) common stock after these transactions?
What stock options in Slide Insurance (SLDE) does Matthew Paul Larson currently hold?
Why does the Slide Insurance (SLDE) Form 4 mention an administrative error in prior filings?
What was the nature of Matthew Paul Larson’s Slide Insurance (SLDE) stock sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.