Slide director entity sells 56K shares under 10b5-1
Slide Insurance Holdings, Inc. director-related entity sells shares under pre-planned plan.
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Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director-related entity sells shares under pre-planned plan. GRM Family Limited Partnership, an entity controlled by director Robert Gries Jr., sold 28,212 shares of Slide common stock at a weighted average price of $18.55 on May 5 and 28,212 shares at a weighted average price of $18.70 on May 6 in open-market transactions. These sales, totaling 56,424 shares, were made pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025. After the transactions, GRM Family Limited Partnership held 1,861,993 Slide shares indirectly associated with Gries, while he also held 843,804 shares directly.
Insights
Director-associated entity executes pre-planned sales while retaining a large Slide stake.
Director Robert Gries Jr. oversaw open-market sales by GRM Family Limited Partnership totaling 56,424 Slide common shares at weighted average prices of $18.55 and $18.70. The filing shows these trades were executed under a Rule 10b5-1 trading plan adopted on December 12, 2025.
The partnership still holds 1,861,993 shares after the sales, and Gries also directly owns 843,804 shares. This indicates the transactions represent only a portion of his overall exposure. Because the trades were pre-planned and no derivatives were exercised, they appear as routine portfolio management rather than a change in long-term stance.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,212 | $18.70 | $528K |
| Sale | Common Stock | 28,212 | $18.55 | $523K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.28 to $18.65 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.
- F3. The securities reported herein are held by GRM Family Limited Partnership, 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.
- F4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.53 to $18.88 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average price financial
GRM Family Limited Partnership financial
pecuniary interest financial
open-market sale financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Slide Insurance (SLDE) report for Robert Gries Jr.?
Were the Slide Insurance (SLDE) insider sales made under a Rule 10b5-1 plan?
What is Robert Gries Jr.’s remaining ownership in Slide Insurance (SLDE) after these trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.