Slide Insurance (SLDE) Director Stephen Rohde Exercises Options, Sells Shares

What Happened
Stephen L. Rohde, a director of Slide Insurance Holdings, exercised stock options and sold shares on August 6, 2026. He exercised 5,000 options at $1.38 per share (cost $6,900) and sold 5,000 shares in an open-market transaction at about $21.00 per share, generating roughly $105,000. The filing also reports a separate disposition of 5,000 shares at $0 (reported as an exercise/conversion of a derivative).

Key Details

• Transaction date: 2026-08-06; Form 4 filed 2026-08-10 (timely within the Form 4 reporting window).
• Exercise: 5,000 shares acquired at $1.38 each (total cash paid $6,900). Footnote F2: these options were fully vested and exercisable.
• Sale: 5,000 shares sold in the open market at a weighted-average price of $21.00 (total proceeds about $105,000). Footnote F1: sale prices ranged $21.00–$21.04; the reporting person can provide the number sold at each price on request.
• Additional line: 5,000 shares reported as disposed at $0 in an exercise/conversion (the filing lists this as a derivative disposition).
• Shares owned after the transactions: not specified in the provided filing excerpt.

Context

• This sequence (exercise followed by same-day sale) is typically reported when an insider converts vested options and sells the resulting shares; the filing confirms the options were fully vested.
• The filing is factual and does not indicate the insider’s motives; purchases tend to be more informative about insider sentiment, while routine exercises and sales are often liquidity or tax-related.