Lucas Shannon 4
4 · Slide Insurance Holdings, Inc. · Filed Mar 18, 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, Inc. (SLDE), sold a total of 32,263 shares in two open-market transactions. On 2026-03-16 Shannon sold 22,500 shares at an average price of $18.13 for proceeds of $407,925. On 2026-03-17 Shannon sold 9,763 shares at an average price of $18.44 for proceeds of $180,030. These were sales (disposals) executed pursuant to a pre-established 10b5-1 trading plan.
Key Details
- Transaction dates & amounts:
- 2026-03-16: 22,500 shares @ $18.13 = $407,925 (price range reported $18.00–$18.25). (F2)
- 2026-03-17: 9,763 shares @ $18.44 = $180,030 (price range reported $18.31–$18.48). (F4)
- Total sold: 32,263 shares for approximately $587,955.
- Trading plan: Sales were made pursuant to a 10b5-1 plan adopted by the reporting person on November 21, 2025. (F1)
- Ownership/disclaimer notes: The filing includes disclaimers that certain shares are held by the reporting person’s spouse or related entities/trusts and disclaims beneficial ownership except to the extent of pecuniary interest. (F3, F5–F10)
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: Reported on 2026-03-18 for transactions on 3/16–3/17 (no indication in the filing excerpt that the Form 4 was late).
Context
Sales under a 10b5-1 plan are pre-arranged and often scheduled to avoid timing concerns; they do not necessarily indicate a change in the insider’s view of the company. As a 10% owner, Shannon is a large holder rather than necessarily an operating executive; routine sell-downs by large holders are common. Retail investors should treat insider purchases as stronger immediate signals of confidence than routine, pre-planned sales, and consider this information alongside company fundamentals and other disclosures.
Insider Transaction Report
Form 4
Lucas Shannon
DirectorPresident & COO10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-16$18.13/sh−22,500$407,925→ 1,562,871 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-03-17$18.44/sh−9,763$180,030→ 1,553,108 total(indirect: By LLC)
Holdings
- 194,201
Common Stock
- 1,123,646(indirect: By Spouse)
Common Stock
[F5] - 38,895,317(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 $18.00 to $18.25 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 $18.31 to $18.48 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 326,216 shares of common stock between March 16-17, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $18.00 to $18.48 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|2026-03-18