Lucas Bruce 4

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.