The CEO's $4.32M sale is the largest insider transaction in the cluster and is not part of a routine 10b5-1 pattern based on the data provided. Given the company's prior bearish filings that have been correct on average (historical win rate 29% but bearish calls had positive alpha), this cluster adds to the negative signal. Monitor for any upcoming 8-K filings (earnings, guidance, or material agreements) that could explain the concentrated selling. A break below $18.50 support would confirm bearish momentum.
Price Chart
Executive Summary
A cluster of insider selling at Slide Insurance Holdings (SLDE) over the past week saw the CEO, President/COO, a Director, and the Chief Risk Officer sell a combined $5.32M in open-market transactions. The CEO alone sold $4.32M worth of shares. While the dollar amount is modest relative to the $2.1B market cap (~0.25%), the involvement of the CEO and President/COO in a concentrated window is notable, especially given the company's recent history of bearish filings that have been correct on average.
Key Financial Metrics
Key Facts
- CEO Lucas Bruce sold 227,987 shares at $18.95 for $4.32M on 2026-05-27.
- President & COO Lucas Shannon sold 22,548 shares at $18.95 for $427K on 2026-05-27.
- Director Bruce Beth Witte sold 44,563 shares across two days (May 26-27) for ~$841K.
- Chief Risk Officer Larson Matthew Paul exercised options and sold 11,250 shares at $18.56 for $209K on 2026-05-26.
- Total insider selling in the cluster: $5.32M, representing ~0.25% of market cap.
- The cluster is concentrated among top C-suite executives and a director, all selling within a 7-day window.
Financial Impact
Total insider sales of $5.32M, or ~0.25% of the $2.1B market cap. CEO sale alone accounts for $4.32M.
Risk Factors
- Insider selling may be liquidity-driven or part of pre-arranged 10b5-1 plans not disclosed in this cluster.
- The cluster represents only 0.25% of market cap, which is modest and may not be material enough to drive a sustained sell-off.
- The company has a 92% bullish analyst consensus, which could create a contrarian bounce if the selling is misinterpreted.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SLDE-1780308400139 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 10, 2026 22d ago | Insider Cluster | $24.45 $25.00 | ▼ −2.25% | ▼ −2.75% | $23.63 (+3.35%) |
Aug 11, 2026 7w ago | Insider Cluster | $20.62 $22.26 | ▲ +7.95% | ▲ +8.36% | $23.63 (+14.60%) |
Aug 5, 2026 8w ago | Insider Cluster | $20.74 $20.96 | ▼ −1.06% | ▼ −0.71% | $23.63 (−13.93%) |
Jul 31, 2026 8w ago | 144 | $20.65 $20.66 | ▲ +0.05% | ▼ −1.98% | $23.63 (+14.43%) |
Jul 28, 2026 9w ago | Press Release | $22.14 $20.74 | ▼ −6.32% | ▼ −11.85% | $23.63 (+6.73%) |
Jul 8, 2026 12w ago | Insider Cluster | $20.47 $20.88 | ▲ +2.00% | ▲ +1.14% | $23.63 (+15.44%) |
Jul 6, 2026 12w ago | 144 | $20.78 $20.88 | ▲ +0.48% | ▼ −0.07% | $23.63 (+13.72%) |
Jun 12, 2026 15w ago | Insider Cluster | $16.62 $16.94 | ▼ −1.93% | ▼ −3.31% | $23.63 (−42.18%) |
Jun 11, 2026 16w ago | Institutional Cluster | $16.94 $16.84 | ▼ −0.59% | ▼ −1.02% | $23.63 (+39.49%) |
Jun 4, 2026 17w ago | 8-K | $16.03 $16.94 | ▲ +5.68% | ▲ +8.23% | $23.63 (+47.41%) |
US Market Status
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