Lucas Shannon 4

What Happened

• Lucas Shannon, a reported 10% owner of Slide Insurance Holdings, sold a total of 11,970 shares in two dispositions: 11,700 shares on 2026-03-10 at $17.80 each ($208,260) and 270 shares on 2026-03-11 at $17.42 each ($4,703), for aggregate proceeds of about $212,963. The sales were reported on a Form 4 filed 2026-03-12 and were executed pursuant to a 10b5-1 trading plan.

Key Details

• Transaction types: Sales (open market/private sale)
• Dates & prices: 2026-03-10 — 11,700 sh @ $17.80; 2026-03-11 — 270 sh @ $17.42. Filings note sale price ranges across related transactions of roughly $17.25–$18.00 per share.
• Total shares sold here: 11,970; total proceeds ≈ $212,963.
• Shares owned after transaction: Not specified in the provided excerpt for the reporting person; filing includes notes about spouse/trust holdings (see below).
• Notable footnotes: Sales were made under a 10b5-1 trading plan adopted Nov 21, 2025 (F1). The filing includes multiple disclaimers that certain shares are held by the reporting person’s spouse, trusts, or entities (F3, F5, F7–F10) and the reporting person disclaims beneficial ownership of those except to the extent of pecuniary interest.
• Related family activity: Footnote F6 notes the reporting person’s spouse sold 121,030 shares between March 10–11 under a 10b5-1 plan.
• Timeliness: Form 4 was filed on 2026-03-12 for transactions on 2026-03-10 and 03-11; no late-filing flag appears in the provided information.

Context

• These were planned sales under a pre-established 10b5-1 plan, which typically authorizes automatic trades and is commonly used to avoid allegations of trading on material nonpublic information; such sales are generally viewed as routine rather than a direct signal of sentiment. As a 10% owner, Shannon is a significant holder; many reported holdings are held via spouse, trusts or controlled entities and are disclaimed except for pecuniary interest, so reported ownership allocations reflect complex family/entity arrangements rather than straightforward personal trading.