4Filed Sep 15, 8:00 PM ET

SLDE Director Stephen Rohde Exercises Options and Sells 7,500 Shares

$SLDE · Slide Insurance Holdings, Inc.

Research Summary

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SLDE Director Stephen Rohde Exercises Options and Sells 7,500 Shares

What Happened

  • Director Stephen L. Rohde exercised stock options and immediately sold the resulting shares on 2026-09-14. He exercised 7,500 shares at $1.38 per share (total cost $10,350) and sold 7,500 shares in an open-market sale at $26.40 per share for $198,000. The filing also lists a 7,500-share derivative disposition reported at $0.00.
  • The net effect: Rohde converted options into shares and sold those shares the same day — an exercise followed by an immediate sale.

Key Details

  • Transaction date: 2026-09-14; Form 4 filed: 2026-09-16 (filed within the normal two-business-day window).
  • Exercise (code M): 7,500 shares at $1.38 each — $10,350 total outlay.
  • Sale (code S): 7,500 shares at $26.40 each — $198,000 gross proceeds.
  • Additional derivative line: 7,500 shares reported disposed at $0.00 (reported as part of the exercise/conversion entries).
  • Footnote: The stock options exercised were fully vested and exercisable.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context

  • This is effectively a cashless exercise: options were exercised and the resulting shares were sold the same day, converting option value into cash.
  • Such transactions are common for insiders realizing gains from vested options and do not by themselves indicate future company performance.