Lucas Bruce 4
4 · Slide Insurance Holdings, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) CEO Lucas Bruce Exercises RSUs, Withholds Shares
What Happened
- Lucas Bruce, CEO of Slide Insurance Holdings, converted (exercised/vested) restricted stock units (derivative transactions) on February 28, 2026. The filing shows acquisitions of 22,918 and 22,919 shares for $0 (total acquired = 45,837 shares), consistent with RSU vesting rather than a purchase.
- To cover tax liabilities tied to the vesting, 9,019 shares were withheld at an effective price of $19.00 per share, generating $171,361. The report also lists two derivative disposals of 22,918 shares reported at $0; footnotes indicate many of the shares are held through entities, trusts, or the reporting person's spouse, and Bruce disclaims beneficial ownership except to the extent of his pecuniary interest.
Key Details
- Transaction date: February 28, 2026; Form 4 filed March 3, 2026 (filed within the normal Section 16 reporting window).
- Transaction types/codes: M = exercise/conversion of derivative (RSU vesting); F = shares withheld to pay tax liability.
- Specifics: Acquired 22,918 and 22,919 shares @ $0; 9,019 shares withheld @ $19.00 for $171,361.
- Shares owned after transaction: Not explicitly stated in the provided extract; filing notes many shares are held by spouse, trusts, or entities (see footnotes).
- Notable footnotes: F1 tax withholding; F8 each RSU = 1 common share; F9 RSUs vest monthly through Dec 31, 2026; F2–F7 describe holdings through spouse, trusts, and an entity and disclaimers of beneficial ownership.
Context
- This appears to be a standard RSU vesting and net-share settlement for tax withholding (not an open-market sale). RSUs were converted into shares at $0 exercise price; only the tax-withholding shares were disposed of to satisfy tax obligations.
- Because many shares are reported as held via spouse, trusts, or an entity and Bruce disclaims beneficial ownership except for pecuniary interest, some reported disposals/transfers reflect internal allocations rather than open-market trading.
Insider Transaction Report
Form 4
Lucas Bruce
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2026-02-28+22,918→ 1,132,665 total - Tax Payment
Common Stock
[F1]2026-02-28$19.00/sh−9,019$171,361→ 1,123,646 total - Exercise/Conversion
Common Stock
[F3][F4]2026-02-28+22,919→ 194,201 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Unit
[F8][F9]2026-02-28−22,918→ 231,144 total→ Common Stock (22,918 underlying) - Exercise/Conversion
Restricted Stock Unit
[F8][F9][F4]2026-02-28−22,918→ 231,144 total(indirect: By Spouse)→ Common Stock (22,918 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 February 28, 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]The amount shown reflects the amount owned by the reporting person's spouse after the withholding of 9,019 shares of common stock for the payment of the tax liability associated with the vesting of restricted stock units on February 28, 2026.
- [F4]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.
- [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|2026-03-03