LARSON MATTHEW PAUL 4

What Happened
Matthew Paul Larson, Chief Risk Officer of Slide Insurance Holdings (SLDE), exercised stock options to acquire 13,750 shares (8,998 shares at $0.79 and 4,752 shares at $1.38) for a total exercise cost of $13,666, then sold those 13,750 shares in an open-market transaction on June 10, 2026 for aggregate proceeds of $234,713 (weighted avg price $17.07).

Key Details

• Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (within the 2-business-day filing window).
• Options exercised: 8,998 shares @ $0.79 ($7,108) and 4,752 shares @ $1.38 ($6,558).
• Shares sold: 13,750 shares @ weighted avg $17.07, total reported proceeds $234,713; sale prices ranged $17.00–$17.19.
• The sale was executed pursuant to a 10b5-1 trading plan adopted Dec 4, 2025.
• Reporting of derivative dispositions at $0 reflects the conversion/exercise of options into common shares.
• Options reported in the filing total 55,000; 27,500 are vested and exercisable, with the remaining 27,500 vesting ratably on July 14, 2026 and July 14, 2027. (The options exercised were fully vested and exercisable.)

Context

• This was an exercise-plus-sell transaction (the shares acquired from options were sold the same day). Such transactions are commonly used to realize value from vested options and do not, by themselves, indicate a change in the insider’s view of the company.
• The use of a 10b5-1 plan indicates the sales were pre-planned and executed under an established trading program.