LARSON MATTHEW PAUL 4
4 · Slide Insurance Holdings, Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) CRO Matthew Larson Exercises Options, Sells Shares
What Happened
Matthew Paul Larson, Chief Risk Officer of Slide Insurance Holdings, exercised 2,500 stock options on 2026-06-01 at an exercise price of $0.79 per share (total cost $1,975) and sold 2,500 shares in an open-market sale at $17.79 per share, generating proceeds of $44,475. The filing also shows a related derivative entry for 2,500 shares at $0.00 (conversion/delivery associated with the exercise).
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-02 (filed the next day).
- Exercise: 2,500 options exercised at $0.79/share (total $1,975). (Code M)
- Sale: 2,500 shares sold at $17.79/share (total proceeds $44,475). (Code S)
- Footnotes: F1 — exercised and sold pursuant to a 10b5-1 trading plan adopted Dec 4, 2025; F2 — the options were fully vested and exercisable.
- Shares owned after the transaction: not disclosed in the summary provided in this request.
- Filing timeliness: appears timely (filed the day after the transaction).
Context
This was a same-day exercise-and-sell transaction (often called a cashless or sell-to-cover style), executed under a pre-established 10b5-1 trading plan, which specifies transactions in advance and reduces concerns about trading on nonpublic information. Exercising vested options and immediately selling the resulting shares is common for insiders cashing out option value and does not, by itself, indicate the insider's view on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-01$0.79/sh+2,500$1,975→ 2,500 total - Sale
Common Stock
[F1]2026-06-01$17.79/sh−2,500$44,475→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
[F1][F2]2026-06-01−2,500→ 8,998 totalExercise: $0.79Exp: 2032-02-24→ Common Stock (2,500 underlying)
Footnotes (2)
- [F1]Exercised and sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 4, 2025.
- [F2]These stock options are fully vested and exercisable.