StockDriftsSlide Insurance Holdings, Inc. · SLDE · 4 · Filed
Director Stephen Rohde sells 7,500 shares for $198,000
SLDE
4
Insider trades
Insider sell
Source: SEC EDGAR, accession 0001193125-26-393115
What did Slide Insurance Holdings, Inc. announce?
Director Stephen L Rohde exercised 7,500 options at $1.38 and sold the shares at $26.40, a $198,000 open-market sale not made under a 10b5-1 plan.
Key details
- Sold 7,500 shares at $26.40 for a total of $198,000, per the filing's reported total
- Same-day exercise of 7,500 stock options at a $1.38 strike price, then immediate sale of the underlying shares
- Direct common stock holding falls to zero; 35,000 options remain beneficially owned
- Transaction was not made under a Rule 10b5-1 trading plan
Why it matters
This 4 reports an insider transaction at Slide Insurance Holdings, Inc.. The likely share-price reaction reads as neutral.
Neutral