Lucas Bruce 4

What Happened
Lucas Bruce, CEO of Slide Insurance (SLDE), had 22,918 restricted stock units convert to common shares (exercise/conversion, code M) on April 30, 2026. To cover taxes, 9,019 of those shares were withheld (code F) at $18.65 ($168,204). He then sold 85,436 shares in the open market on May 1, 2026 (avg ~$18.77, $1,603,634) and 67,205 shares on May 4, 2026 (avg ~$18.88, $1,268,830). Total shares sold (including tax withholding) were ~161,660 for total proceeds of approximately $3,040,668. The sales were made pursuant to a 10b5‑1 trading plan adopted November 21, 2025.

Key Details

• Transaction types: M = exercise/conversion of RSUs (22,918 shares acquired), F = tax withholding (9,019 shares), S = open market sales (85,436 and 67,205 shares).
• Dates & prices: April 30, 2026 (RSU vesting/conversion); May 1, 2026 sales ~ $18.77 avg; May 4, 2026 sales ~ $18.88 avg. Reported sale price range across transactions: ~$18.75–$19.06 per share.
• Proceeds: ~ $3,040,668 total from the reported dispositions.
• Shares owned after transaction: Not specified in the provided summary of the filing. The filing notes various holdings through trusts and spouse entities and contains disclaimers about beneficial ownership (see footnotes).
• Notable footnotes: sales were pursuant to a 10b5‑1 plan (F1); the converted securities were restricted stock units that vest monthly (F11, F12); several holdings are reported as held through trusts or entities with disclaimers of beneficial ownership (F3, F6, F8, F9, F10); tax withholding accounted for 9,019 shares (F5).
• Timeliness: Form 4 filed May 4, 2026 for transactions through May 4, 2026 — filing appears timely.

Context
These entries reflect RSU vesting (conversion to shares) followed by withholding of some shares to pay taxes and the sale of remaining shares under a prearranged 10b5‑1 plan. Exercise/conversion at $0.00 indicates RSUs converting to common stock rather than a cash option exercise. Sales under a 10b5‑1 plan are preplanned and routine; sales alone do not necessarily indicate the insider’s view of the company’s prospects. Purchases typically carry more informational weight for investors than routine sales.