Lucas Shannon 4

What Happened

• Lucas Shannon, a 10% owner of Slide Insurance Holdings, had 22,919 restricted stock units (RSUs) vest on May 31, 2026 (reported June 2, 2026). The RSUs converted to common stock at $0.00 per share (award/vesting). To cover tax withholding, 9,019 shares were withheld/disposed at an effective value of $18.03 per share, totaling $162,613. Net shares delivered after withholding: 13,900 (22,919 vested − 9,019 withheld). The primary event is an award/vesting (not a market buy); the withholding is a routine tax-related disposition.

Key Details

• Transaction dates: May 31, 2026 (reported on Form 4 filed June 2, 2026).
• Primary codes: M = exercise/conversion of derivative (RSU vesting); F = payment of tax liability (withholding of shares).
• Shares vesting: 22,919 RSUs converted to common stock (1 RSU = 1 share).
• Shares withheld for taxes: 9,019 shares at $18.03 each = $162,613.
• Net shares received: 13,900 shares.
• Shares ownership after transaction: filing ties the vested shares to the Reporting Person’s spouse and related entities (footnotes); the Reporting Person disclaims beneficial ownership except for any pecuniary interest.
• Notable footnotes: F7 (each RSU = 1 share); F8 (RSUs vest monthly over Jan 1, 2025–Dec 31, 2026); multiple footnotes note holdings are through spouse, trusts, or Securus Risk Management LLC and disclaim full beneficial ownership.
• Filing timeliness: reported within two business days (no late filing indicated).

Context

• This was a vesting of restricted stock units with a common tax-withholding method (shares withheld rather than a cash payment). That is a routine administrative transaction rather than an open-market sale or purchase. Because the Reporting Person is a 10% owner and many shares are held via spouse/vehicles, the filing includes disclaimers of beneficial ownership except to the extent of pecuniary interest.