Slide Insurance (SLDE) executive, spouse log pre-planned stock sales
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director and President & COO Lucas Shannon reported open-market sales of 23,493 shares of common stock indirectly held through Securus Risk Management LLC at prices around $18 per share. These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 21, 2025.
After these trades, Securus Risk Management LLC still holds 1,529,615 shares of Slide Insurance common stock. The filing also notes substantial additional common stock beneficially owned by Shannon’s spouse, including shares held directly and through several related entities and trusts, with the spouse selling 237,536 shares between March 24-26, 2026 under a separate 10b5-1 plan.
Positive
- None.
Negative
- None.
Insights
Pre-planned insider and spouse sales with large remaining holdings.
The filing shows 23,493 shares of Slide Insurance Holdings common stock sold in the open market by Securus Risk Management LLC, an entity controlled by Lucas Shannon, at prices near $18 per share. These trades occurred under a Rule 10b5-1 trading plan adopted on November 21, 2025, indicating they were pre-scheduled rather than opportunistic.
After the transactions, Securus Risk Management LLC continues to hold 1,529,615 shares, and Shannon also has 194,201 shares held directly. Footnotes describe additional large positions beneficially owned by the reporting person’s spouse and related entities, with 237,536 shares sold between March 24-26, 2026 under a separate 10b5-1 plan at prices from $17.90 to $18.19. The presence of sizable remaining holdings and the pre-planned nature of the sales point to routine portfolio management rather than a clear change in sentiment.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,677 | $18.04 | $319K |
| Sale | Common Stock | 5,816 | $18.00 | $105K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
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 $17.90 to $18.07 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 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.00 to $18.19 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. 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. The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 237,536 shares of common stock between March 24-26, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.90 to $18.19 per share. 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. 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. 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. Represent shares of common stock held by the Reporting Person's spouse through Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014. 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.
