Lucas Bruce 4

What Happened

• Lucas Bruce, CEO of Slide Insurance Holdings, sold a total of 997,881 shares in three open-market transactions: 269,881 shares on 2026-05-15 at a weighted average of $18.84 ($5,084,558), 455,000 shares on 2026-05-18 at $19.06 ($8,672,300), and 273,000 shares on 2026-05-19 at $18.97 ($5,178,810). Aggregate proceeds were approximately $18.94 million. These were sales (not purchases) executed pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction dates and amounts:
  • May 15, 2026 — 269,881 shs @ $18.84 (≈ $5.08M)
  • May 18, 2026 — 455,000 shs @ $19.06 (≈ $8.67M)
  • May 19, 2026 — 273,000 shs @ $18.97 (≈ $5.18M)
• Price range across reported sales: $18.75 to $19.27 per share (weighted averages by tranche reported; the filer offered to provide per-price breakdown on request).
• Reported as sold under a 10b5-1 trading plan adopted Nov 21, 2025 (footnote F1) — indicates pre-arranged sales rather than ad-hoc insider trades.
• Holdings/beneficial ownership: several reported holdings are held through entities and trusts (IIM Holdings II, LLC; Ava Cloonen and Emma Cloonen Irrevocable Trusts) and the reporting person disclaims beneficial ownership of those shares except to the extent of pecuniary interest (see footnotes F3, F9, F10). The excerpt provided does not state the total shares Lucas Bruce beneficially owned after these transactions.
• Spousal activity: footnote F7 notes the reporting person’s spouse sold 98,692 shares between May 15–19, 2026 under a 10b5-1 plan.
• Filing: Form 4 filed May 19, 2026 for trades between May 15–19, 2026; no indication in the filing excerpt that the report was late.

Context

• These are routine insider sales executed under a 10b5-1 plan, which is a pre-arranged trading program that can provide an affirmative defense to insider trading claims when properly adopted. Sales do not necessarily indicate management sentiment about company prospects. Purchases generally carry more interpretive weight for bullish signals; this filing documents sizeable, pre-planned dispositions by the CEO.