Bruce Beth Witte 4
Research Summary
AI-generated summary
Slide Insurance (SLDE) Director Bruce Beth Witte Sells 47,000 Shares
What Happened
Bruce Beth Witte, a director of Slide Insurance Holdings, Inc. (SLDE), sold a total of 47,000 shares in a series of open‑market/private sales between May 22 and May 27, 2026. The transactions reported on the Form 4 were: 2,437 shares on 2026‑05‑22 at about $18.70 ($45,572), 21,063 shares on 2026‑05‑26 at about $18.70 ($393,878), and 23,500 shares on 2026‑05‑27 at about $19.01 ($446,735). Combined proceeds were approximately $886,185. These were outright sales (transaction code S), which are typically routine dispositions rather than purchases.
Key Details
- Transaction dates and prices:
- 2026-05-22: 2,437 shares @ $18.70 — proceeds $45,572 (footnote F1: sale prices in this group ranged $18.70–$18.73)
- 2026-05-26: 21,063 shares @ $18.70 — proceeds $393,878 (footnote F1 applies)
- 2026-05-27: 23,500 shares @ $19.01 — proceeds $446,735 (footnote F2: prices in this sale ranged $19.00–$19.04)
- Total: 47,000 shares sold for about $886,185.
- Shares owned after transaction: Not specified in the information provided in this summary (check the full Form 4 for post‑transaction holdings).
- Filing: Form 4 was filed on 2026‑05‑27 covering trades through 2026‑05‑22–05‑27; based on business days surrounding Memorial Day, the filing appears timely.
- Footnotes: Reporting person notes weighted‑average pricing; upon request the filer will disclose how many shares were sold at each individual price.
- No 10b5‑1 plan, option exercises, awards, gifts, or tax‑withholding events were indicated in the reported transactions.
Context
These were sales by a company director (not a purchase or option exercise). Sales can be routine (diversification, liquidity, taxes) and do not by themselves indicate the director’s view on Slide Insurance’s prospects. Retail investors should check the full Form 4 for post‑transaction holdings and any subsequent insider filings to get a clearer picture.