LARSON MATTHEW PAUL 4
4 · Slide Insurance Holdings, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) CRO Matthew Larson Exercises Options, Sells 16,250 Shares
What Happened
Matthew Paul Larson, Chief Risk Officer of Slide Insurance Holdings, exercised 16,250 stock options (fully vested) on 2026-05-18 at $0.79 per share (cost ≈ $12,838) and immediately sold those 16,250 shares in the open market for a weighted average price of $19.01, netting approximately $308,913. The filing also records a derivative conversion/disposition entry at $0.00 related to the exercise.
Key Details
- Transaction date: 2026-05-18; Form 4 filed 2026-05-19 (timely).
- Exercise price paid: $0.79 per share; exercise cost ≈ $12,838.
- Sale proceeds: weighted average $19.01 per share (range $18.83–$19.21); total ≈ $308,913. Reporting person can provide breakdown of shares sold at each price on request (see footnote).
- Footnotes: trades were executed pursuant to a 10b5-1 trading plan adopted Dec 4, 2025. Options exercised are fully vested.
- Shares owned after transaction: not specified in this filing.
Context
This was an exercise-and-sell (cashless-style) transaction executed under a prearranged 10b5-1 plan, meaning the sales were planned in advance rather than discretionary post-exercise trading. Such sales are common for insiders converting option holdings to cash; purchases would typically be interpreted as a stronger bullish signal.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-05-18$0.79/sh+16,250$12,838→ 16,250 total - Sale
Common Stock
[F1][F2]2026-05-18$19.01/sh−16,250$308,913→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
[F1][F3]2026-05-18−16,250→ 22,748 totalExercise: $0.79Exp: 2032-02-24→ Common Stock (16,250 underlying)
Footnotes (3)
- [F1]Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $18.83 to $19.21 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]These stock options are fully vested and exercisable.