Lucas Shannon 4
4 · Slide Insurance Holdings, Inc. · Filed Mar 26, 2026
Research Summary
AI-generated summary of this filing
Slide Insurance (SLDE) 10% Owner Lucas Shannon Sells Shares
What Happened
Lucas Shannon, listed as a 10% owner of Slide Insurance Holdings, sold a total of 23,493 shares in two open‑market transactions. On 2026-03-24 Shannon sold 5,816 shares at $18.00 each ($104,688). On 2026-03-26 Shannon sold 17,677 shares at $18.04 each ($318,893). The combined proceeds were about $423,581. These were sales (not purchases) and were reported on an SEC Form 4.
Key Details
- Transaction dates and prices:
- 2026-03-24: 5,816 shares @ $18.00 = $104,688
- 2026-03-26: 17,677 shares @ $18.04 = $318,893
- Total shares sold: 23,493; total proceeds ≈ $423,581.
- Reported price ranges in footnotes: prices for related sales on these dates ranged roughly from $17.90 to $18.19 per share; per‑transaction weighted averages available on request (see F2, F4).
- Sales were made pursuant to a 10b5‑1 trading plan adopted by the reporting person on November 21, 2025 (footnote F1).
- Holdings after the reported transactions are not specified in the provided excerpt. Several footnotes (F3, F5–F10) note shares held by entities or the reporting person’s spouse and disclaimers of beneficial ownership.
- Filing timeliness: form filed 2026-03-26 for trades on 2026-03-24; this appears to be filed within the standard Section 16 reporting window.
Context
- These were planned sales under a 10b5‑1 plan, which are pre‑arranged trading plans that insiders often use to avoid timing trades based on material non‑public information. Sales by 10% owners can reflect liquidity or portfolio management rather than a view on the company’s outlook.
- The filing includes multiple ownership/disclaimer footnotes indicating some shares are held through trusts or entities; such structures can affect how beneficial ownership is reported.
Insider Transaction Report
Form 4
Lucas Shannon
DirectorPresident & COO10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-24$18.00/sh−5,816$104,688→ 1,547,292 total(indirect: By LLC) - Sale
Common Stock
[F1][F4][F3]2026-03-26$18.04/sh−17,677$318,893→ 1,529,615 total(indirect: By LLC)
Holdings
- 194,201
Common Stock
- 1,123,646(indirect: By Spouse)
Common Stock
[F5] - 38,657,781(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 $17.90 to $18.07 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 $18.00 to $18.19 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 237,536 shares of common stock between March 24-26, 2026, pursuant to a 10b5-1 trading plan, at prices ranging from $17.90 to $18.19 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|2026-03-26