Slide Insurance Holdings, Inc.·4

May 4, 8:33 PM ET

Omiridis Anastasios 4

Research Summary

AI-generated summary

Updated

Slide Insurance (SLDE) CFO Omiridis Exercises RSUs, Sells Shares

What Happened

  • Anastasios Omiridis, CFO of Slide Insurance (SLDE), had 15,384 restricted stock units (RSUs) granted on Feb 25, 2026 that vested and converted into shares on Apr 30, 2026. Of those, 6,054 shares were withheld to cover tax liability (valued at $112,907) and 9,000 shares were sold in an open-market transaction on May 4, 2026 for $18.55 each (gross proceeds $166,950). The RSUs converted at $0.00 exercise price (typical for RSU vesting).

Key Details

  • Grant date: Feb 25, 2026 (15,384 RSUs); vesting/conversion date: Apr 30, 2026.
  • Tax withholding: 6,054 shares withheld on Apr 30, 2026 at $18.65 -> $112,907 (code F).
  • Open-market sale: 9,000 shares sold on May 4, 2026 at $18.55 -> $166,950 (code S).
  • Remaining from this award after withholding and sale: 15,384 − 6,054 − 9,000 = 330 shares retained from this grant.
  • Filing notes: Footnote states the Feb 25 grant vested Apr 30 and the grant was not reported within two business days due to an administrative error — the Form 4 was filed late.
  • Definitions: RSUs (restricted stock units) = contingent right to one share each; M = exercise/conversion of derivative (in this case RSU vesting); F = shares withheld for tax.

Context

  • This was primarily a vesting of RSUs (an awarded compensation event) followed by routine tax withholding and a partial open-market sale. The conversion of RSUs to shares at $0.00 is standard for RSU vesting; withholding of shares to pay taxes is common and does not by itself indicate buying or selling intent. The Form 4 was filed late per the footnote, but the transactions themselves reflect standard post-vesting actions rather than a separate purchase decision.