Lucas Bruce 4

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.