LARSON MATTHEW PAUL 4

What Happened

• Matthew Paul Larson, Chief Risk Officer of Slide Insurance Holdings (SLDE), exercised vested stock options and sold shares on March 16, 2026. He sold 11,250 shares in an open-market transaction at $18.00 per share, generating $202,500 in proceeds. The filing shows an exercise/acquisition of 11,250 shares at a $0.79 strike price (cost $8,888) and a separate derivative conversion/disposing entry for 11,250 shares at $0.00 (no cash proceeds).
• This activity reflects an option exercise plus an immediate sale of a portion of the shares; sales are generally routine (liquidity/tax) rather than a direct bullish purchase signal.

Key Details

• Transaction date: 2026-03-16; Sale price: $18.00; Sale proceeds: $202,500.
• Exercise details: 11,250 shares exercised at $0.79 (total ~$8,888). Filing also shows a 11,250-share derivative conversion/disposition at $0.00 (no proceeds).
• Footnotes: F1 — exercised and sold pursuant to a 10b5-1 trading plan adopted Dec 4, 2025; F2 — the stock options were fully vested and exercisable.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: filed 2026-03-17 for 2026-03-16 transactions (filed promptly).

Context

• This was an option exercise with an immediate sale of shares under a pre-established 10b5-1 plan. The 10b5-1 plan indicates the sale was pre-scheduled and helps insulate the trading from questions about contemporaneous insider knowledge; it does not itself indicate the insider’s view of the company’s prospects.
• For retail investors: purchases or exercises that are followed by sales are often for liquidity or tax reasons. The key takeaway here is a routine exercise-and-sell by a corporate officer, not a revealed long-term accumulation.