Gries Robert JR 4
4 · Slide Insurance Holdings, Inc. · Filed Apr 8, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) Director Robert Gries Jr Sells Shares
What Happened
Robert Gries Jr, a director of Slide Insurance Holdings, sold a total of 56,424 shares in two open-market transactions on April 6–7, 2026, generating roughly $1.02 million in proceeds. The filings list 28,212 shares sold on 2026-04-06 at $18.06 ($509,509) and 28,212 shares sold on 2026-04-07 at $18.02 ($508,380).
Key Details
- Transaction dates and amounts:
- 2026-04-06: 28,212 shares sold at $18.06 — $509,509 (reported)
- 2026-04-07: 28,212 shares sold at $18.02 — $508,380 (reported)
- Total shares sold: 56,424; total proceeds ≈ $1,017,889 (~$1.02M).
- Footnotes of note:
- F1: Sales executed pursuant to a 10b5-1 trading plan adopted Dec 12, 2025 (pre‑arranged plan).
- F2/F4: Reporting includes weighted-average prices; reported price ranges for the transactions were $17.82–$18.19 and $17.95–$18.13 respectively. The reporter will provide per-price breakdowns to the SEC or holders on request.
- F3: The securities are held by GRM Family Limited Partnership, an entity controlled by Mr. Gries; he disclaims beneficial ownership except for his pecuniary interest.
- Shares owned after the transaction: not specified in the provided excerpt.
- Filing timeliness: Form 4 filed 2026-04-08 for trades on 2026-04-06 and 04-07 — appears to be filed within the standard two-business-day window.
Context
These were sales under a 10b5-1 plan (a pre-set trading program), which are generally considered routine and reduce implications about the seller’s short-term view. For retail investors, purchases typically carry more direct informational value than routine sales; this filing documents share disposal by a director rather than an acquisition.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-04-06$18.06/sh−28,212$509,509→ 1,946,629 total(indirect: By Partnership) - Sale
Common Stock
[F1][F4][F3]2026-04-07$18.02/sh−28,212$508,380→ 1,918,417 total(indirect: By Partnership)
- 843,804
Common Stock
Footnotes (4)
- [F1]Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.82 to $18.19 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F3]The securities reported herein are held by GRM Family Limited Partnership, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- [F4]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.95 to $18.13 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.