LARSON MATTHEW PAUL 4

What Happened

• Matthew Paul Larson, Chief Risk Officer of Slide Insurance (SLDE), exercised fully vested stock options and sold the resulting 11,250 shares on May 26, 2026. The exercise recorded a cost basis of $0.79 per share ($8,888). The open‑market sale generated roughly $208,800 (weighted average sale price $18.56/share).

Key Details

• Transaction date: May 26, 2026.
• Exercise: 11,250 shares exercised at $0.79 per share (total $8,888) — options were fully vested (footnote F3).
• Sale: 11,250 shares sold in the open market; weighted average sale price $18.56, proceeds ≈ $208,800. Reported sale price range: $18.33–$18.76 (footnote F2).
• Related derivative line: a disposition of 11,250 shares at $0.00 is also reported (reflects the option exercise/settlement mechanics).
• Plan: Transactions were executed pursuant to a 10b5-1 trading plan adopted Dec 4, 2025 (footnote F1).
• Shares owned after the transactions: not provided in the excerpted data.
• Filing timing: Form 4 filed May 27, 2026 (one day after the transactions) — appears timely.

Context

• This was an exercise-and-sell executed under a pre-arranged 10b5-1 plan, a common way for insiders to liquidate option proceeds without ad hoc trading. The filing shows the options were fully vested and were exercised and sold the same day (cashless exercise/sale flow reflected by the exercise and sale lines). As with all insider filings, this reports actions by an executive and does not, by itself, indicate company performance or future insider views.