Lucas Shannon 4
4 · Slide Insurance Holdings, Inc. · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) 10% Owner Lucas Shannon Sells Shares
What Happened
- Lucas Shannon, a reported 10% owner of Slide Insurance Holdings, sold a total of 11,970 shares in two dispositions: 11,700 shares on 2026-03-10 at $17.80 each ($208,260) and 270 shares on 2026-03-11 at $17.42 each ($4,703), for aggregate proceeds of about $212,963. The sales were reported on a Form 4 filed 2026-03-12 and were executed pursuant to a 10b5-1 trading plan.
Key Details
- Transaction types: Sales (open market/private sale)
- Dates & prices: 2026-03-10 — 11,700 sh @ $17.80; 2026-03-11 — 270 sh @ $17.42. Filings note sale price ranges across related transactions of roughly $17.25–$18.00 per share.
- Total shares sold here: 11,970; total proceeds ≈ $212,963.
- Shares owned after transaction: Not specified in the provided excerpt for the reporting person; filing includes notes about spouse/trust holdings (see below).
- Notable footnotes: Sales were made under a 10b5-1 trading plan adopted Nov 21, 2025 (F1). The filing includes multiple disclaimers that certain shares are held by the reporting person’s spouse, trusts, or entities (F3, F5, F7–F10) and the reporting person disclaims beneficial ownership of those except to the extent of pecuniary interest.
- Related family activity: Footnote F6 notes the reporting person’s spouse sold 121,030 shares between March 10–11 under a 10b5-1 plan.
- Timeliness: Form 4 was filed on 2026-03-12 for transactions on 2026-03-10 and 03-11; no late-filing flag appears in the provided information.
Context
- These were planned sales under a pre-established 10b5-1 plan, which typically authorizes automatic trades and is commonly used to avoid allegations of trading on material nonpublic information; such sales are generally viewed as routine rather than a direct signal of sentiment. As a 10% owner, Shannon is a significant holder; many reported holdings are held via spouse, trusts or controlled entities and are disclaimed except for pecuniary interest, so reported ownership allocations reflect complex family/entity arrangements rather than straightforward personal trading.
Insider Transaction Report
Form 4
Lucas Shannon
DirectorPresident & COO10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-10$17.80/sh−11,700$208,260→ 1,585,641 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-03-11$17.42/sh−270$4,703→ 1,585,371 total(indirect: By LLC)
Holdings
- 1,123,646(indirect: By Spouse)
Common Stock
[F5] - 194,201
Common Stock
- 39,221,533(indirect: By Spouse)
Common Stock
[F6][F7] - 1,925,000(indirect: By Spouse)
Common Stock
[F8] - 1,925,000(indirect: By Spouse)
Common Stock
[F9] - 2,575,837(indirect: By Spouse)
Common Stock
[F10]
Footnotes (10)
- [F1]Sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 21, 2025.
- [F10]Represent shares of common stock held by the reporting person's spouse through Bruce Lucas Irrevocable Grantor Retained Annuity Trust of 2014. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.51 to $18.00 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F3]The securities reported herein are held by Securus Risk Management LLC, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $17.25 to $17.87 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- [F5]Represent shares of common stock beneficially owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F6]The amount shown reflects the amount owned by the reporting person's spouse after the sale of 121,030 shares of common stock between March 10-11, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.25 to $18.00 per share.
- [F7]Represent shares of common stock beneficially owned by the reporting person's spouse through IIM Holdings II, LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F8]Represent shares held through the Emma Cloonen Irrevocable Trust, of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F9]Represent shares held through the Ava Cloonen Irrevocable Trust, of which the reporting person's spouse is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Signature
/s/ Andy Omiridis, Attorney-in-Fact for Shannon Lucas|2026-03-12