Chief Risk Officer Sells 11,250 Shares of Regional Insurer, According to Latest SEC Filing

1 hour ago 2

Jake Lerch, The Motley Fool

Tue, June 2, 2026 astatine 9:12 AM CDT 4 min read

Slide Insurance Holdings (NASDAQ:SLDE) Chief Risk Officer Matthew Paul Larson exercised 11,250 banal options and instantly sold the resulting communal shares for full proceeds of astir $209,000, according to a SEC Form 4 filing.

Transaction summary

Metric

Value

Shares sold (direct)

11,250

Transaction value

$208,800.00

Post-transaction shares (direct)

Post-transaction worth (direct ownership)

~$0

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($18.56); post-transaction worth is $0.00 since each shares were sold arsenic of May 26, 2026.

Key questions

  • What was the mechanics and discourse for this transaction?
    The lawsuit progressive exercising 11,250 vested banal options, followed instantly by the merchantability of the underlying communal shares connected the unfastened market.

  • How did the transaction impact Larson’s ownership?
    The merchantability represented 100.00% of his nonstop communal stock position, bringing his nonstop and indirect communal stock holdings to zero aft the transaction, though helium continues to clasp 11,498 options that could beryllium exercised for further shares successful the future.

  • Is this enactment accordant with anterior trading patterns?
    Since April, Larson’s filings bespeak a systematic simplification successful nonstop holdings, with this last transaction matching his remaining stock capacity. Recent filings amusement that each trades were administrative (option-related) and sized successful enactment with capableness constraints.

  • What is the existent worth of his remaining economical interest?
    Post-sale, Larson has nary nonstop oregon indirect communal stock ownership arsenic of May 27, 2026; his remaining economical involvement is maintained done enactment awards, which align with imaginable aboriginal stock terms performance.

Company overview

Metric

Value

Market capitalization

$2.07 billion

Stock terms (as of May 26, 2026)

$18.03

Employees

392

Headquarters

Tampa, FL

Industry

Insurance - Property & Casualty

Company snapshot

  • Provides spot and casualty security products, chiefly underwriting single-family and condominium policies.

  • Operates arsenic a holding institution with a absorption connected the U.S. residential security market.

  • Serves homeowners and condominium owners seeking sum for residential properties.

Slide Insurance Holdings is simply a spot and casualty security holding institution based successful Tampa, Florida. Through its subsidiaries, it focuses connected underwriting and managing residential spot security risks successful the United States.

What this transaction means for investors

According to a caller SEC filing, Chief Risk Officer Matthew Paul Larson of Slide Insurance Holdings (SLDE) has sold 11,250 shares of SLDE, valued astatine astir $209,000. Here are a fewer cardinal takeaways for investors.

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