Slide Insurance (SLDE) Chief Risk Officer Matthew Larson Sells Shares

What Happened

• Matthew Paul Larson, Chief Risk Officer of Slide Insurance Holdings (SLDE), exercised options to acquire 11,374 shares and then sold those 11,374 shares on Sept 3, 2026. The exercise price paid was $1.38 per share (total cost ≈ $15,696) and the shares were sold at a weighted average price of $24.62 per share (total proceeds ≈ $280,028).
• The filing shows the exercise and immediate sale (exercise-to-sell) of the same share block, executed pursuant to a pre-established 10b5‑1 trading plan.

Key Details

• Transaction date: September 3, 2026.
• Exercise: 11,374 shares at $1.38 per share (≈ $15,696).
• Sale: 11,374 shares at a weighted average $24.62 per share (≈ $280,028). Reported sale prices ranged from $24.50 to $24.87 per share.
• Shares owned after transaction: Not stated in the provided filing.
• Notable footnotes:
  • F1: Transactions were executed under a 10b5‑1 trading plan adopted May 4, 2026.
  • F2: Weighted average sale price noted; the filer can provide per‑price breakdowns on request.
  • F3: Filing reports 50,248 stock options in total for the reporting person — 36,498 vested and exercisable; 13,750 vest on July 14, 2027.
• Filing date: September 8, 2026 (5 calendar days after the transaction). The provided information does not indicate whether the SEC filing was marked late.

Context

• This was an option exercise followed by an immediate sale (often called a cashless or sell‑to‑cover style outcome); proceeds substantially exceeded the exercise cost.
• The trade was executed under a 10b5‑1 plan, which typically means the sale was preplanned and not a spontaneous market-timing decision.
• These are routine insider sales and do not by themselves indicate management’s view of the company’s long‑term prospects.