ROHDE STEPHEN L 4

What Happened
Stephen L. Rohde, a director of Slide Insurance Holdings, exercised stock options and sold shares on March 13, 2026. The filing shows he acquired 10,000 shares via option exercise (reported at $0.00, reported value $18) and disposed of 10,000 shares in an open-market sale at $17.78 per share for total proceeds of $177,800. The filing also lists a separate derivative exercise/disposition of 10,000 shares reported at $0.00. Footnote F1 states the options were fully vested and exercisable. This sequence (exercise followed by an immediate sale) is consistent with a cashless exercise and sale, resulting in a net sale to the market.

Key Details

• Transaction date: March 13, 2026
• Exercise (M): 10,000 shares acquired @ $0.00 — reported amount $18
• Sale (S): 10,000 shares sold @ $17.78 — proceeds $177,800
• Derivative entry: 10,000 shares exercised/ disposed @ $0.00 (reported as derivative)
• Shares owned after transaction: not specified in the Form 4 filing
• Footnote: F1 — options are fully vested and exercisable
• Timeliness: Form 4 filed March 17, 2026 (transaction dated Mar 13) — filing appears late under the usual 2-business-day Form 4 rule

Context

• This is primarily a sale (insider realized cash from selling 10,000 shares). Sales by insiders can be routine (tax or liquidity reasons) and do not by themselves signal a change in company fundamentals.
• The filing shows option exercises immediately followed by a sale, which commonly reflects a cashless exercise where newly issued shares are sold to cover costs, taxes, or to realize gains.
• No 10b5-1 plan, tax withholding, or ownership after the transaction is disclosed in the provided filing.