Lucas Bruce 4
4 · Slide Insurance Holdings, Inc. · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) CEO Lucas Bruce Receives RSU Shares
What Happened
- Lucas Bruce, CEO of Slide Insurance Holdings, reported the conversion/vesting of 22,919 restricted stock units (RSUs) into common shares on January 31, 2026 (reported on Form 4 filed Feb 3, 2026). The conversion is reported as derivative exercise/conversion (code M) with an acquisition price of $0 (i.e., vested RSUs converted to shares).
- To cover the tax liability associated with the vesting, 9,352 shares were withheld (code F) at an indicated value of $17.23 per share, totaling $161,135. Several additional derivative reporting lines relate to shares held in entities or by the reporting person’s spouse/trusts and include disclaimers of beneficial ownership.
Key Details
- Transaction date: January 31, 2026; Form 4 filed: February 3, 2026.
- Primary shares vesting: 22,919 RSUs converted to common stock (code M, acquisition at $0).
- Tax withholding: 9,352 shares withheld (code F) at $17.23/share = $161,135.
- Shares owned after the transaction: not explicitly quantified in the filing for the reporting person’s total; several footnotes note shares held by affiliated entities, spouse, and trusts.
- Notable footnotes:
- F1: Shares were withheld to cover the reporting person’s tax liability on the RSUs that vested.
- F2–F7: Many reported shares are held by entities, spouse, or trusts (IIM Holdings II, LLC; Securus Risk Management LLC; Emma/Ava Cloonen Irrevocable Trusts); the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
- F8: Each RSU represents a contingent right to one share.
- F9: The RSUs vest monthly in 24 equal installments from Jan 1, 2025 through Dec 31, 2026 (vesting subject to continued service).
- Filing timeliness: The filing date is Feb 3, 2026; the Form does not indicate a late filing.
Context
- This was not an open-market sale or purchase by the insider; it was the routine vesting/conversion of RSUs. The use of share withholding to satisfy tax obligations is common and does not necessarily signal a change in sentiment.
- For clarity: code M = exercise/conversion of a derivative (here, RSU vesting), and code F = shares withheld to pay tax liability.
Insider Transaction Report
Form 4
Lucas Bruce
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2026-01-31+22,919→ 1,119,099 total - Tax Payment
Common Stock
[F1]2026-01-31$17.23/sh−9,352$161,135→ 1,109,747 total - Exercise/Conversion
Common Stock
[F4][F3]2026-01-31+22,919→ 180,302 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Unit
[F8][F9]2026-01-31−22,919→ 254,062 total→ Common Stock (22,919 underlying) - Exercise/Conversion
Restricted Stock Unit
[F8][F9][F3]2026-01-31−22,919→ 254,062 total(indirect: By Spouse)→ Common Stock (22,919 underlying)
Holdings
- 2,575,837(indirect: By Trust)
Common Stock
- 39,875,000(indirect: By LLC)
Common Stock
[F2] - 1,650,000(indirect: By Spouse)
Common Stock
[F5] - 1,925,000(indirect: By Trust)
Common Stock
[F6] - 1,925,000(indirect: By Trust)
Common Stock
[F7]
Footnotes (9)
- [F1]The reported shares were withheld to cover the reporting person's tax liability associated with the restricted stock units that vested on January 31, 2026.
- [F2]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.
- [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 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]The amount shown reflects the amount owned by the reporting person's spouse after the withholding of 9,407 shares of common stock for the payment of the tax liability associated with the vesting of restricted stock units on January 31, 2026.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- [F9]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.
Signature
/s/ Andy Omiridis, Attorney-in-Fact for Bruce Lucas|2026-02-03