Slide Insurance (SLDE) insider sale under Rule 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and Chief Executive Officer Lucas Bruce reported insider share sales linked to entities he controls or is associated with. IIM Holdings II, LLC, an entity controlled by him, sold 190,836 shares of Common Stock$18.04Rule 10b5-1 trading planNovember 21, 2025. After this transaction, IIM Holdings II, LLC held 37,171,042 shares1,382,574 shares18,874 shares
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 190,836 shares ($3,442,681)
Net Sell
7 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
Sold
190,836 shs ($3.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 190,836 | $18.04 | $3.44M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,171,042 shares (Indirect, By IIM Holdings II, LLC);
Common Stock — 1,137,546 shares (Direct)
Footnotes (1)
- Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.00 to $18.09 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. The securities reported herein are held by IIM Holdings II, LLC, 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, 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. 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 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. The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 18,874 shares of common stock on April 14, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $18.00 to $18.09 per share. Represent shares of common stock beneficially owned by the Reporting Person's spouse through Securus Risk Management LLC. 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. Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person 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. Represent shares held through the Ava Cloonen Irrevocable Trust, of which the Reporting Person 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.
Key Figures
Shares sold by IIM Holdings II, LLC: 190,836 shares
Weighted average sale price: $18.04 per share
Sale price range: $18.00–$18.09 per share
+5 more
8 metrics
Shares sold by IIM Holdings II, LLC
190,836 shares
Open-market sale on April 14, 2026
Weighted average sale price
$18.04 per share
Common Stock sold on April 14, 2026
Sale price range
$18.00–$18.09 per share
Prices for reported share sales
Indirect holdings via IIM Holdings II, LLC
37,171,042 shares
Common Stock held after April 14, 2026 sale
Direct holdings by Lucas Bruce
1,137,546 shares
Common Stock held directly as of April 14, 2026
Holdings via 2014 GRAT
2,575,837 shares
Shares in Bruce Irrevocable Grantor Retained Annuity Trust
Spouse holdings after sale
1,382,574 shares
After 18,874-share sale on April 14, 2026
Spouse shares sold
18,874 shares
Sold April 14, 2026 under a 10b5-1 plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest, beneficial ownership, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
beneficial ownership regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares"
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.
Grantor Retained Annuity Trust financial
"Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Common Stock financial
"Sold 190,836.0000 shares of Common Stock in open-market sale"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Slide Insurance (SLDE) disclose for Lucas Bruce?
Slide Insurance reported that IIM Holdings II, LLC, an entity controlled by CEO Lucas Bruce, sold 190,836 shares of Common Stock. The weighted average sale price was $18.04 per share in open-market trades executed on April 14, 2026 under a Rule 10b5-1 plan.
Were the SLDE insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states that the 190,836-share sale by IIM Holdings II, LLC occurred under a Rule 10b5-1 trading plan adopted on November 21, 2025. A separate 18,874-share sale by Bruce’s spouse also took place under a 10b5-1 trading plan on April 14, 2026.