Slide Insurance (SLDE) director-linked partnership sells 56K shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Slide Insurance Holdings, Inc. director-related entity GRM Family Limited Partnership sold 56,424 shares of common stock in open-market transactions at weighted average prices around $18 per share on April 6–7, 2026, under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025.
Following these sales, GRM Family Limited Partnership continued to hold 1,918,417 shares indirectly associated with director Robert Gries Jr., while he also held 843,804 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 56,424 shares ($1,017,889)
Net Sell
3 txns
Insider
Gries Robert JR
Role
Director
Sold
56,424 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,212 | $18.02 | $508K |
| Sale | Common Stock | 28,212 | $18.06 | $510K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,918,417 shares (Indirect, By GRM Family Limited Partnership);
Common Stock — 843,804 shares (Direct)
Footnotes (1)
- Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.82 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. The securities reported herein are held by GRM Family Limited Partnership, 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. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.95 to $18.13 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.
Key Figures
Shares sold: 56,424 shares
Sale price (April 7 block): $18.02 per share
Sale price (April 6 block): $18.06 per share
+3 more
6 metrics
Shares sold
56,424 shares
Open-market sales on April 6–7, 2026
Sale price (April 7 block)
$18.02 per share
Weighted average for 28,212 shares sold
Sale price (April 6 block)
$18.06 per share
Weighted average for 28,212 shares sold
Indirect holdings after sales
1,918,417 shares
Held by GRM Family Limited Partnership after April 7, 2026
Direct holdings
843,804 shares
Common stock held directly as of April 6, 2026
Net share change
-56,424 shares
Net of reported buy and sell transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 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."
open-market sale financial
"transaction_action": "open-market sale""
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.
indirect ownership financial
"The securities reported herein are held by GRM Family Limited Partnership"
FAQ
What did the Slide Insurance (SLDE) Form 4 filing report?
The Form 4 reported that GRM Family Limited Partnership sold 56,424 Slide Insurance common shares in open-market transactions around $18 per share. These sales are associated with director Robert Gries Jr. through his interest in the partnership.
Were the Slide Insurance (SLDE) insider sales made under a trading plan?
Yes. The filing states the 56,424 Slide Insurance shares were sold under a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025. Such plans are pre-arranged and schedule trades in advance.
What type of transactions are shown in the Slide Insurance (SLDE) Form 4?
The Form 4 shows two open-market sales of Slide Insurance common stock, coded “S” for sale, and one entry reflecting 843,804 shares held directly. There are no reported option exercises, gifts, or tax-withholding transactions in this filing.