Slide Insurance (SLDE) Director Stephen Rohde Exercises Options, Sells 5,000 Shares

What Happened

• Director Stephen L. Rohde exercised stock options to acquire 5,000 shares at $1.38 per share (cost $6,900) on 2026-08-14 and sold 5,000 shares in an open-market transaction the same day at a weighted average price of $21.89, generating about $109,450. The filing also lists a separate derivative disposition of 5,000 shares at $0 (reported as a derivative transaction).
• The option holdings exercised are noted as fully vested and exercisable.

Key Details

• Transaction date: 2026-08-14; Form 4 filed: 2026-08-18 (filed within the normal 2-business-day reporting window).
• Sale price(s): weighted average $21.89; reported sale prices ranged from $21.89 to $21.91 per share (footnote F1).
• Options: exercised 5,000 shares at $1.38 (footnote F2: options fully vested).
• Derivative disposition: 5,000 shares reported as disposed at $0 (no additional explanation in the filing).
• Shares owned after the transactions: not specified in the information provided.
• No 10b5-1 plan, gifts, or awards are indicated in the disclosed items.

Context

• The filing shows an exercise and same-day sale of an equal number of shares, which is a common pattern when insiders exercise options and sell shares promptly; the filing does not state the insider’s motive.
• Footnote F1 clarifies the reported sale price is a weighted average and the filer can provide a breakdown of shares sold at each price upon request.