Lucas Bruce 4

What Happened

• Lucas Bruce, CEO of Slide Insurance Holdings, sold a total of 532,437 shares in open-market transactions between March 5 and March 9, 2026, generating aggregate proceeds of about $9.99M (~$10.0M).
  • Mar 5, 2026 — sold 172,644 shares at an average price of $19.37, proceeds $3,344,114.
  • Mar 6, 2026 — sold 241,493 shares at an average price of $18.59, proceeds $4,489,355.
  • Mar 9, 2026 — sold 118,300 shares at an average price of $18.23, proceeds $2,156,609.
• These were sales (not purchases), commonly considered routine disposition activity rather than an explicit bullish signal.

Key Details

• Transaction dates/prices: Mar 5 ($19.37 avg), Mar 6 ($18.59 avg), Mar 9 ($18.23 avg). Per the filing, individual trade prices across the sales ranged roughly from $17.65 to $19.67 per share.
• Total shares sold: 532,437; total proceeds: ~$9.99M.
• Reported as executed pursuant to a 10b5-1 trading plan adopted by Mr. Bruce on November 21, 2025 (footnote F1).
• Several footnotes note shares held through related entities/trusts (e.g., IIM Holdings II, LLC; Ava and Emma Cloonen Irrevocable Trusts) and spouse-held shares; the reporting person disclaims beneficial ownership of certain shares except to the extent of pecuniary interest.
• Shares owned after the transactions are not provided in the excerpt of the filing you supplied.
• Filing date: Form 4 was filed March 9, 2026 (covers trades Mar 5–9); the filing date matches the last reported trade date, indicating the report appears timely.

Context

• Sales under a pre-established 10b5-1 plan are routine mechanisms insiders use to sell shares on a schedule and are not by themselves proof of a change in view on the company.
• For retail investors, purchases by insiders tend to be more informative than routine sales; note only factual details are reported here — no motivation is stated in the filing.