Lucas Shannon 4

What Happened
Lucas Shannon, listed as a 10% owner of Slide Insurance Holdings, sold a total of 23,493 shares in two open‑market transactions. On 2026-03-24 Shannon sold 5,816 shares at $18.00 each ($104,688). On 2026-03-26 Shannon sold 17,677 shares at $18.04 each ($318,893). The combined proceeds were about $423,581. These were sales (not purchases) and were reported on an SEC Form 4.

Key Details

• Transaction dates and prices:
  • 2026-03-24: 5,816 shares @ $18.00 = $104,688
  • 2026-03-26: 17,677 shares @ $18.04 = $318,893
• Total shares sold: 23,493; total proceeds ≈ $423,581.
• Reported price ranges in footnotes: prices for related sales on these dates ranged roughly from $17.90 to $18.19 per share; per‑transaction weighted averages available on request (see F2, F4).
• Sales were made pursuant to a 10b5‑1 trading plan adopted by the reporting person on November 21, 2025 (footnote F1).
• Holdings after the reported transactions are not specified in the provided excerpt. Several footnotes (F3, F5–F10) note shares held by entities or the reporting person’s spouse and disclaimers of beneficial ownership.
• Filing timeliness: form filed 2026-03-26 for trades on 2026-03-24; this appears to be filed within the standard Section 16 reporting window.

Context

• These were planned sales under a 10b5‑1 plan, which are pre‑arranged trading plans that insiders often use to avoid timing trades based on material non‑public information. Sales by 10% owners can reflect liquidity or portfolio management rather than a view on the company’s outlook.
• The filing includes multiple ownership/disclaimer footnotes indicating some shares are held through trusts or entities; such structures can affect how beneficial ownership is reported.