Slide Insurance COO's stock grants convert to shares
Securus Risk Management, LLC held 1,118,756 shares; the President & COO disclaimed beneficial ownership except to the extent of 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
Shannon Lucas, Slide Insurance Holdings’ President & COO, reported 22,919 restricted stock units vesting into common shares held directly and another 22,919 held by the spouse on September 30, 2026. The units vest in 24 equal monthly installments from January 1, 2025, through December 31, 2026, subject to continued employment or service; each derivative entry lists 70,714 units following the transaction. The report also records 9,019 shares delivered or withheld for payment of exercise price or tax liability at $22.31 per share. Securus Risk Management, LLC held 1,118,756 common shares; Lucas controls the entity and disclaims beneficial ownership except to the extent of pecuniary interest.
Insider Trade Summary
45,838 shares exercised/converted
Exercise
9 txns
Insider
Lucas Shannon
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F7, F8 | 22,919 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F7, F8, F3 | 22,919 | $0.00 | $0.00 |
| Exercise | Common Stock | 22,919 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,019 | $22.31 | $201K |
| Exercise | Common Stock F2, F3 | 22,919 | $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 — 70,714 contracts (Direct);
Restricted Stock Unit — 70,714 contracts (Indirect, By Spouse);
Common Stock — 289,498 shares (Direct);
Common Stock — 40,577,142 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 22,919 restricted stock units on September 30, 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 to common shares: 22,919 shares
Restricted stock units converted to common shares: 22,919 shares
Restricted stock units following transaction: 70,714 units
+3 more
6 metrics
Restricted stock units converted to common shares
22,919 shares
Held directly; September 30, 2026
Restricted stock units converted to common shares
22,919 shares
Held by the spouse; September 30, 2026
Restricted stock units following transaction
70,714 units
Listed following each derivative transaction on September 30, 2026
Shares delivered or withheld
9,019 shares
For payment of exercise price or tax liability; September 30, 2026
Price per share
$22.31 per share
For the 9,019 shares delivered or withheld
Common shares held through Securus Risk Management, LLC
1,118,756 shares
As of September 30, 2026
Key Terms
Restricted Stock Unit, pecuniary interest, beneficial ownership, vesting
4 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
pecuniary interest financial
"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.
vesting financial
"These restricted stock units vest in 24 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many SLDE restricted stock units vested on September 30, 2026?
The report shows 22,919 restricted stock units held directly and another 22,919 held by the spouse vesting into common shares on September 30, 2026. The units vest in 24 equal monthly installments from January 1, 2025, through December 31, 2026, subject to continued employment or service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
