Slide Insurance COO converts grants into 22,918 shares
Securus Risk Management, LLC is listed with 1,118,756 common shares; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. (SLDE) President & COO, director, and ten-percent owner Shannon Lucas reported on October 31, 2026, a conversion of 22,918 restricted stock units into 22,918 common shares directly and a corresponding 22,918-unit conversion and share acquisition attributed to the spouse. A separate entry reports 9,019 shares delivered or withheld for payment of exercise price or tax liability. The direct RSU entry lists 47,796 units following the transaction. Securus Risk Management, LLC, an entity controlled by the reporting person, holds 1,118,756 common shares; the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
45,836 shares exercised/converted
Exercise
5 txns
Insider
Lucas Shannon
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F7, F8 | 22,918 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F7, F8, F3 | 22,918 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,918 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,019 | $27.73 | $250K |
| Exercise | Common Stock F2, F3 | 22,918 | $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 — 47,796 contracts (Direct);
Restricted Stock Unit — 47,796 contracts (Indirect, By Spouse);
Common Stock — 303,397 shares (Direct);
Common Stock — 40,591,041 shares (Indirect, By Spouse);
Common Stock — 1,118,756 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 22,918 restricted stock units on October 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
Restricted stock units converted directly: 22,918 units
Restricted stock units converted for spouse: 22,918 units
Shares delivered or withheld: 9,019 shares
+2 more
5 metrics
Restricted stock units converted directly
22,918 units
October 31, 2026
Restricted stock units converted for spouse
22,918 units
October 31, 2026
Shares delivered or withheld
9,019 shares
Reported transaction on October 31, 2026
Direct RSUs following transaction
47,796 units
Reported after the October 31, 2026 transaction
Securus Risk Management, LLC common shares
1,118,756 shares
Held indirectly as of October 31, 2026
Key Terms
restricted stock unit, contingent right, pecuniary interest, beneficial ownership
4 terms
restricted stock unit technical
"Each restricted stock unit represents a contingent right"
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.
contingent right technical
"contingent right to receive one share"
pecuniary interest regulatory
"except to the extent of her pecuniary interest therein"
beneficial ownership regulatory
"disclaims beneficial ownership of these securities"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock transactions did SLDE President & COO Shannon Lucas report?
Shannon Lucas reported conversion of 22,918 restricted stock units into 22,918 common shares directly, with a corresponding 22,918-unit conversion and share acquisition attributed to the spouse, on October 31, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
