Lucas Shannon 4
4 · Slide Insurance Holdings, Inc. · Filed Jun 12, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) 10% Owner Lucas Shannon Sells Shares
What Happened Lucas Shannon, a reported 10% owner of Slide Insurance Holdings, sold a total of 23,717 shares of SLDE in two transactions: 19,058 shares on 2026-06-10 at an average price of $17.03 ($324,558) and 4,659 shares on 2026-06-11 at an average price of $17.12 ($79,762), for combined proceeds of roughly $404,320. These sales were made pursuant to a 10b5‑1 trading plan adopted November 21, 2025; the plan was terminated effective at the close of business on June 12, 2026.
Key Details
- Transaction dates and prices: 2026-06-10 — 19,058 shares @ $17.03 (weighted avg); 2026-06-11 — 4,659 shares @ $17.12 (weighted avg). Reported price range for the sold shares: $17.00–$17.13 per share.
- Total shares sold: 23,717; total proceeds: ~$404,320.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: sales were pursuant to a pre-established 10b5‑1 plan (adopted 11/21/2025) which was terminated effective 6/12/2026; some reported securities are held by Securus Risk Management LLC, an entity controlled by the reporting person, with customary disclaimers of beneficial ownership.
- Filing timeliness: Form 4 was filed 2026-06-12, within the typical two-business-day window after the reported trades.
Context Sales under a 10b5‑1 plan are pre-scheduled transactions and are often routine liquidity events rather than new, discretionary insider selling. Lucas Shannon is reported as a 10% owner (not necessarily an officer), and the filing also notes related spouse/entity holdings and sales in the same period (spouse sales per footnotes totaled larger amounts). For retail investors, purchases tend to convey stronger direct insider confidence than routine plan-based sales; these transactions should be viewed as part of planned selling activity rather than an explicit signal about company fundamentals.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-06-10$17.03/sh−19,058$324,558→ 1,123,415 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-06-11$17.12/sh−4,659$79,762→ 1,118,756 total(indirect: By LLC)
- 233,900
Common Stock
- 1,165,345(indirect: By Spouse)
Common Stock
[F5] - 34,506,199(indirect: By Spouse)
Common Stock
[F6][F7] - 1,925,000(indirect: By Spouse)
Common Stock
[F8] - 1,925,000(indirect: By Spouse)
Common Stock
[F9]
Footnotes (9)
- [F1]These shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025. The plan was terminated effective as of the close of business on June 12, 2026.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.00 to $17.13 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F3]The securities reported herein are held by Securus Risk Management LLC, which is an entity controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.10 to $17.23 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F5]Represent shares of common stock beneficially owned by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F6]The amount shown reflects the amount owned by the Reporting Person's spouse after the sale of 237,162 shares of common stock between June 10 - 11, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.00 to $17.23 per share.
- [F7]Represent shares of common stock beneficially owned by the Reporting Person's spouse through IIM Holdings II, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F8]Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F9]Represent shares held through the Ava Cloonen Irrevocable Trust, of which the Reporting Person's spouse is the trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.