Slide Insurance director sells 7,500 shares
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. (SLDE) director Stephen L. Rohde reported on September 14, 2026 exercising stock options for 7,500 shares of common stock at an exercise price of $1.38 per share, then selling 7,500 shares of common stock at $26.40 per share the same day. After the exercise, he held 35,000 stock options directly, which are described as fully vested and exercisable, with the option series expiring on July 12, 2033. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 7,500 shares ($188K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
ROHDE STEPHEN L
Role
Director
Sold
7,500 shs ($198K)
Approx. gross sale proceeds
$198K
Approx. exercise cost
$10K
Approx. pre-tax spread
$188K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1 | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,500 | $1.38 | $10K |
| Sale | Common Stock | 7,500 | $26.40 | $198K |
Holdings After Transaction:
Stock Option (Right to Buy) — 35,000 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. These stock options are fully vested and exercisable.
Key Figures
Options exercised: 7,500 shares
Option exercise price: $1.38 per share
Shares sold: 7,500 shares
+4 more
7 metrics
Options exercised
7,500 shares
Stock options for common stock exercised on September 14, 2026
Option exercise price
$1.38 per share
Exercise price for 7,500 stock options into common stock
Shares sold
7,500 shares
Common stock sold on September 14, 2026
Sale price
$26.40 per share
Price per share for 7,500 common shares sold
Options held after exercise
35,000 options
Director’s remaining stock options after the reported exercise
Option expiration date
July 12, 2033
Expiration date for the exercised stock option series
Net common shares sold
7,500 shares
Net direction from acquisition via exercise and same-day sale
Key Terms
stock options, fully vested, derivative security
3 terms
stock options financial
"These stock options are fully vested and exercisable."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
fully vested financial
"These stock options are fully vested and exercisable."
derivative security financial
"described as an exercise or conversion of a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SLDE director Stephen L. Rohde report?
He reported exercising stock options for 7,500 shares of Slide Insurance Holdings, Inc. common stock at $1.38 per share and then selling 7,500 shares of common stock at $26.40 per share on September 14, 2026.
Did the SLDE director retain any options after the September 14, 2026 transactions?
Yes. After the reported exercise, Stephen L. Rohde held 35,000 stock options directly. The filing notes that these stock options are fully vested and exercisable and are scheduled to expire on July 12, 2033.
Were the Slide Insurance Holdings (SLDE) transactions under a Rule 10b5-1 plan?
No. The filing indicates that these transactions by director Stephen L. Rohde were not made pursuant to a Rule 10b5-1 trading plan, as the related affirmation checkbox is not marked as being under such a plan.
What type of securities did the SLDE director trade in this Form 4?
He exercised stock options, which are a type of derivative security granting the right to buy common stock, and then sold the underlying common stock shares obtained from the exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.