Lucas Shannon 4

What Happened

• Lucas Shannon, identified as a 10% owner of Slide Insurance Holdings, sold a total of 52,659 shares in three open-market transactions between March 5 and March 9, 2026. The sales were: 17,075 shares at $19.37 ($330,743) on Mar 5; 23,884 shares at $18.59 ($444,004) on Mar 6; and 11,700 shares at $18.23 ($213,291) on Mar 9 — total proceeds ≈ $988,038. These were disposals (sales), not purchases.

Key Details

• Transaction dates and amounts:
  • Mar 5, 2026 — 17,075 shares @ $19.37 — $330,743
  • Mar 6, 2026 — 23,884 shares @ $18.59 — $444,004
  • Mar 9, 2026 — 11,700 shares @ $18.23 — $213,291
• Total shares sold: 52,659; total proceeds ≈ $988,038.
• Trades reported as open-market/private sales (code S).
• Footnote F1: Sales were made pursuant to a 10b5-1 trading plan adopted Nov 21, 2025 (pre-planned sales).
• Other footnotes note holdings through family trusts and entities and disclaimers of beneficial ownership (F10–F11, F3, F6, F8, F9).
• The provided excerpt does not state the reporting person's remaining shares after these trades; check the full SEC filing for post-transaction holdings and any timeliness flags.

Context

• Sales executed under a 10b5-1 plan are pre-arranged and generally viewed as routine dispositions rather than new, sentiment-driven trades. Because Shannon is reported as a 10% owner, these filings are disclosure of significant holder activity rather than executive compensation or option exercises.
• Related note from the filing: a spouse-related filing indicates the spouse sold 532,437 shares between Mar 5–9, 2026 under a 10b5-1 plan (footnote F7), and several trust/entity holdings are disclosed with disclaimers of beneficial ownership.