Lucas Bruce 4
4 · Slide Insurance Holdings, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) CEO Lucas Bruce Receives RSUs; Shares Withheld
What Happened
Lucas Bruce, CEO of Slide Insurance Holdings, reported the vesting/conversion of 22,918 restricted stock units (reported as derivative exercise/conversion, code M) on June 30, 2026. The shares were recorded at $0.00 acquisition cost (typical for RSU vesting). To cover the tax liability on the vesting, 9,019 shares were withheld/disposed (code F) at $19.37 per share for a total withholding value of approximately $174,698. Net shares delivered from this vesting: 13,899 (22,918 vested − 9,019 withheld).
Key Details
- Transaction date: June 30, 2026; Form 4 filed July 2, 2026 (timely filing).
- Vesting/Conversion: 22,918 RSUs converted to common stock (acquired at $0.00).
- Tax withholding (disposition): 9,019 shares withheld at $19.37 each = ~$174,698.
- Net shares received by the beneficial owner(s): 13,899 shares.
- Footnotes: Shares are held through entities and family members (IIM Holdings II, LLC; spouse; Securus Risk Management LLC; Emma & Ava Cloonen Irrevocable Trusts). The reporting person disclaims beneficial ownership of some shares except to the extent of pecuniary interest.
- RSU terms: Each RSU equals one share (F7); these RSUs vest in 24 equal monthly installments from Jan 1, 2025 to Dec 31, 2026 (F8).
- Transaction codes explained: M = exercise/conversion of derivative (RSU vesting); F = shares withheld/used to pay tax liability.
Context
This was not an open-market purchase or voluntary sale of shares by the CEO. The primary event was routine RSU vesting with shares withheld to satisfy taxes (a common cashless-withholding treatment). Because the filing shows withholding rather than an open-market sale, it reflects tax-related disposition rather than an active sell decision. Several holdings are reported as held by spouse or entities, with disclaimers of beneficial ownership except for pecuniary interest.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-30+22,918→ 1,188,263 total - Tax Payment
Common Stock
2026-06-30$19.37/sh−9,019$174,698→ 1,179,244 total - Exercise/Conversion
Common Stock
[F2][F3]2026-06-30+22,918→ 247,799 total(indirect: By Spouse) - Exercise/Conversion
Restricted Stock Unit
[F7][F8]2026-06-30−22,918→ 139,470 total→ Common Stock (22,918 underlying) - Exercise/Conversion
Restricted Stock Unit
[F7][F8][F3]2026-06-30−22,918→ 139,470 total(indirect: By Spouse)→ Common Stock (22,918 underlying)
- 34,506,199(indirect: By LLC)
Common Stock
[F1] - 1,118,756(indirect: By Spouse)
Common Stock
[F4] - 1,925,000(indirect: By Trust)
Common Stock
[F5] - 1,925,000(indirect: By Trust)
Common Stock
[F6]
Footnotes (8)
- [F1]The securities reported herein are held by IIM Holdings II, LLC, which is an entity controlled by the Reporting Person. 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.
- [F2]The amount shown reflects the amount owned by the Reporting Person's spouse after the vesting of 22,918 restricted stock units on June 30, 2026 and the withholding of 9,019 shares of common stock for the payment of the tax liability associated therewith.
- [F3]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 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.
- [F4]Represent shares of common stock beneficially owned by the Reporting Person's spouse through Securus Risk Management LLC. 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.
- [F5]Represent shares held through the Emma Cloonen Irrevocable Trust, of which the Reporting Person 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.
- [F6]Represent shares held through the Ava Cloonen Irrevocable Trust, of which the Reporting Person 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.
- [F7]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- [F8]These restricted stock units vest in 24 equal monthly installments commencing on January 1, 2025 and ending on December 31, 2026, subject to the Reporting Person's continued employment or service through each applicable vesting date.