Form 4: Director Gries Converts RSUs to Slide Insurance Stock

Slide Insurance Holdings Director Robert Gries Jr. converted 1,567 restricted stock units into common stock, increasing his direct beneficial ownership.

Summary

• Robert Gries Jr., a Director of Slide Insurance Holdings, Inc. (SLDE), reported a transaction on November 30, 2025.
• Gries acquired 1,567 shares of common stock through the conversion of restricted stock units (RSUs).
• Following this transaction, Gries directly beneficially owns 842,239 shares of common stock.
• Gries indirectly beneficially owns an additional 2,031,265 shares of common stock through GRM Family Limited Partnership, an entity he controls.
• The transaction involved the disposition of 1,567 restricted stock units, with 1,565 restricted stock units remaining beneficially owned directly.
• The restricted stock units vest in 12 equal monthly installments commencing January 1, 2025, and ending December 31, 2025, contingent on continued service.
• The transaction was made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction involving the conversion of restricted stock units into common stock, executed under a Rule 10b5-1 plan. This indicates a pre-scheduled event rather than a discretionary market purchase, but still results in an increase in direct beneficial ownership by a director.

Positives

• Director Robert Gries Jr. increased his direct beneficial ownership of Slide Insurance Holdings, Inc. common stock by 1,567 shares.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-scheduled, non-discretionary transaction.

Future Outlook

The remaining 1,565 restricted stock units are scheduled to vest in equal monthly installments through December 31, 2025, contingent on the reporting person's continued service.

Management Comments

• The securities reported herein are held by GRM Family Limited Partnership, which is an entity controlled by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
• Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
• These restricted stock units vest in 12 equal monthly installments commencing on January 1, 2025 and ending on December 31, 2025, subject to the reporting person's continued employment or service through each applicable vesting date.

Industry Context

NA

Related Party Transactions

• Indirect beneficial ownership of 2,031,265 shares of common stock is held by GRM Family Limited Partnership, an entity controlled by the reporting person.

Stakeholder Impact

• Shareholders: Provides transparency regarding director's equity holdings and compensation structure.

Next Steps

• Continued vesting of the remaining 1,565 restricted stock units through December 31, 2025.

Key Dates

Recommendation

This Form 4 reports a routine conversion of restricted stock units into common stock by a director, executed under a Rule 10b5-1 plan. While it increases the director's direct beneficial ownership, it is a pre-scheduled compensation event rather than a discretionary market purchase, and thus does not provide new fundamental information to warrant a change in investment recommendation based solely on this filing.

Keywords

Slide Insurance Holdings, SLDE, Form 4, Insider Trading, Beneficial Ownership, Restricted Stock Units, RSU Conversion, Director Stock Ownership, Equity Compensation, Rule 10b5-1