Slide Insurance CEO entity sells 532,757 shares
Slide Insurance Holdings, Inc. director and CEO Bruce Lucas reported indirect open-market sales of common stock through IIM Holdings II, LLC.
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Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and CEO Bruce Lucas reported indirect open-market sales of common stock through IIM Holdings II, LLC. The LLC sold 273,702 shares at an average of $18.11 on April 9, 2026 and 259,055 shares at $18.05 on April 13, 2026, all under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025. After these sales, IIM Holdings II, LLC held 37,361,878 shares, while additional direct and indirect holdings, including spouse and trust positions, remained disclosed as of April 9, 2026.
Insider Trade Summary 10b5-1
Net Seller: 532,757 shares
Net Sell
8 txns
Insider
Lucas Bruce
Role
Chief Executive Officer
Sold
532,757 shs ($9.63M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 259,055 | $18.05 | $4.68M |
| Sale | Common Stock | 273,702 | $18.11 | $4.96M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,361,878 shares (Indirect, By IIM Holdings II, LLC);
Common Stock — 1,137,546 shares (Direct);
Common Stock — 2,575,837 shares (Indirect, By Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014);
Common Stock — 1,609,549 shares (Indirect, By Spouse);
Common Stock — 1,925,000 shares (Indirect, By Emma Cloonen Irrevocable Trust);
Common Stock — 1,925,000 shares (Indirect, By Ava Cloonen Irrevocable Trust)
Footnotes (9)
- F1. Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025.
- F2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.00 to $18.22 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 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.
- F4. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.00 to $18.15 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.
- F5. 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.
- F6. The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 52,690 shares of common stock between April 9-13, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $18.00 to $18.22 per share.
- F7. 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.
- F8. 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.
- F9. 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 2026-04-09: 273,702 shares at $18.11
Shares sold 2026-04-13: 259,055 shares at $18.05
Total shares sold: 532,757 shares
+3 more
6 metrics
Shares sold 2026-04-09
273,702 shares at $18.11
Open-market sale by IIM Holdings II, LLC
Shares sold 2026-04-13
259,055 shares at $18.05
Open-market sale by IIM Holdings II, LLC
Total shares sold
532,757 shares
Aggregate April 2026 sales via IIM Holdings II, LLC
Holdings after sales (LLC)
37,361,878 shares
IIM Holdings II, LLC common stock position after 2026-04-13
Direct CEO holdings
1,137,546 shares
Common stock held directly by Bruce Lucas as of 2026-04-09
Spouse sale
52,690 shares
Spouse’s sales between April 9–13, 2026 under 10b5-1 plan
Key Terms
Rule 10b5-1 trading plan, beneficial ownership, pecuniary interest, irrevocable trust, +1 more
5 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.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
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.
pecuniary interest financial
"disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein"
irrevocable trust financial
"Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person is the trustee."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
open-market sale financial
"transaction_action: "open-market sale" for the common stock transactions on April 9 and April 13, 2026"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Slide Insurance (SLDE) disclose for Bruce Lucas?
Slide Insurance disclosed that an entity associated with CEO Bruce Lucas, IIM Holdings II, LLC, sold 532,757 shares of common stock in open-market transactions. These trades occurred on April 9 and April 13, 2026 at average prices slightly above $18 per share under a 10b5-1 plan.
Were the SLDE insider stock sales by Bruce Lucas pre-planned under a Rule 10b5-1 plan?
Yes. The Form 4 states the reported sales were made under a Rule 10b5-1 trading plan adopted on November 21, 2025. Such pre-arranged plans schedule trades in advance, so the timing of these April 2026 sales reflects the plan rather than discretionary market timing decisions.
Does Bruce Lucas have other direct or indirect Slide Insurance (SLDE) holdings besides IIM Holdings II, LLC?
Yes. The filing shows 1,137,546 Slide Insurance shares held directly by Bruce Lucas and additional indirect holdings through his spouse and various trusts. These include positions such as spouse-owned shares, spouse holdings through Securus Risk Management LLC, and shares in Emma and Ava Cloonen irrevocable trusts.
Did the Slide Insurance (SLDE) Form 4 mention stock sales by Bruce Lucas’s spouse?
Yes. A footnote explains that Bruce Lucas’s spouse sold 52,690 Slide Insurance shares between April 9 and April 13, 2026. Those trades were also executed under a Rule 10b5-1 trading plan at prices ranging from $18.00 to $18.22 per share, leaving an updated spouse position disclosed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
