Lucas Shannon 4
4 · Slide Insurance Holdings, Inc. · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) 10% Owner Lucas Shannon Sells 26,141 Shares
What Happened
Lucas Shannon, a reported 10% owner of Slide Insurance Holdings, sold a total of 26,141 shares of SLDE in two open‑market transactions. On May 7, 2026 she disposed of 17,141 shares at a weighted average price of $18.81 (proceeds ~$322,422), and on May 11, 2026 she sold 9,000 shares at a weighted average price of $18.76 (proceeds ~$168,840). Total gross proceeds were roughly $491,262. These sales were made pursuant to a pre‑established 10b5‑1 trading plan adopted November 21, 2025.
Key Details
- Transaction dates and amounts: May 7, 2026 — 17,141 shares @ $18.81 (≈ $322,422); May 11, 2026 — 9,000 shares @ $18.76 (≈ $168,840).
- Reported price range across transactions: $18.75 to $18.91 per share (filing provides weighted averages and ranges).
- Plan: Sales executed under a 10b5‑1 trading plan adopted Nov 21, 2025 (footnote F1).
- Holdings/disclaimer: Some reported securities are held by Securus Risk Management LLC (entity controlled by the reporting person); the filing includes standard disclaimers about beneficial ownership. The filing also references shares held by the reporting person’s spouse and various trusts (see footnotes).
- Shares owned after transaction: The filing does not state a specific remaining share count for Lucas Shannon on the Form 4 summary line; the filing does note related spouse sales of 264,317 shares between May 7–11 under a 10b5‑1 plan (footnote F6).
- Timeliness: Form filed May 11, 2026; transactions occurred May 7 and May 11 — filing appears timely under Section 16 reporting rules.
Context
Sales under a 10b5‑1 plan are pre‑arranged and typically allow insiders to sell shares without making contemporaneous trading decisions; they are often routine and do not necessarily signal a change in the insider’s view of the company. As a 10% owner, Shannon is a major shareholder (not necessarily an executive), so these transactions reflect management of large holdings rather than an ordinary employee sale.
Insider Transaction Report
Form 4
Lucas Shannon
DirectorPresident & COO10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-07$18.81/sh−17,141$322,422→ 1,290,992 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-05-11$18.76/sh−9,000$168,840→ 1,281,992 total(indirect: By LLC)
Holdings
- 220,000
Common Stock
- 1,151,445(indirect: By Spouse)
Common Stock
[F5] - 36,154,046(indirect: By Spouse)
Common Stock
[F6][F7] - 1,925,000(indirect: By Spouse)
Common Stock
[F8] - 1,925,000(indirect: By Spouse)
Common Stock
[F9]
Footnotes (9)
- [F1]Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.75 to $18.90 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 Securus Risk Management LLC, which is an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.75 to $18.91 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.
- [F5]Represent shares of common stock beneficially owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F6]The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 264,317 shares of common stock between May 7-11 , 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $18.75 to $18.91 per share.
- [F7]Represent shares of common stock beneficially owned by the Reporting Person's spouse through IIM Holdings II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F8]Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F9]Represent shares held through the Ava Cloonen Irrevocable Trust, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Signature
/s/ Andy Omiridis, Attorney-in-Fact for Shannon Lucas|2026-05-11