Lucas Shannon 4

What Happened

• Lucas Shannon, identified as a 10% owner of Slide Insurance Holdings, sold 22,548 shares of common stock on May 27, 2026 in an open-market/private sale. The weighted average sale price was $18.95, producing gross proceeds of approximately $427,285. This was a sale (not a purchase), so it is typically considered routine insider selling rather than a bullish buy.

Key Details

• Transaction date: May 27, 2026.
• Shares sold: 22,548; weighted average price: $18.95; price range: $18.90–$19.11; proceeds ≈ $427,285. (F2)
• Sale made pursuant to a 10b5-1 trading plan adopted November 21, 2025. (F1)
• Shares owned after the transaction: not specified in the excerpt provided.
• Related disclosures: the reported securities are held by Securus Risk Management LLC (entity controlled by the reporting person) and various spouse/trust holdings are disclosed with disclaimers of beneficial ownership. (F3–F8)
• Same-day related activity: the filing notes the reporting person’s spouse sold 227,987 shares on May 27, 2026 pursuant to a 10b5-1 plan. (F5)
• Filing date: June 1, 2026 — more than two business days after the May 27 transaction, so this Form 4 appears to have been filed late (reduces near-term transparency).

Context

• Sales executed under pre-established 10b5-1 plans are typically automated and set in advance; they do not necessarily reflect the insider’s current view of the company. As a 10% owner rather than a company executive, this is institutional/ownership-level trading and includes holdings held through controlled entities and trusts, with standard disclaimers about beneficial ownership.