Two C-suite officers selling on the same day without a disclosed 10b5-1 plan is a bearish signal, though the dollar amount is modest relative to market cap. Monitor for any upcoming material news (earnings, regulatory changes, or capital raise) that may have prompted the coordinated sales.
Price Chart
Executive Summary
Two C-suite insiders at Slide Insurance sold a combined $332K in open-market transactions on the same day. Chief Risk Officer Larson exercised and immediately sold 11,374 shares at $24.62, netting $280K, while Chief Revenue Officer Powell sold 2,100 shares at $25.00 for $52K. The sales represent approximately 0.1% of market cap, falling at the low end of the modest range, and the same-day clustering of two senior officers is notable but the dollar amounts are not material relative to the company's size.
Key Financial Metrics
Key Facts
- Chief Risk Officer Matthew Paul Larson sold 11,374 shares at $24.62 for $280,028 on September 3, 2026
- Chief Revenue Officer Charles William Powell sold 2,100 shares at $25.00 for $52,500 on September 3, 2026
- Total insider sales of $332,528 on a single day
- Larson's sale followed same-day derivative exercises (11,374 shares at $0 and 11,374 shares at $1.38)
- Both sales were open-market transactions (code S) with no 10b5-1 plan indicated
Financial Impact
Total insider sales of $332,528, approximately 0.1% of market cap
Risk Factors
- Insider sales may signal management's view that shares are fully valued or that near-term headwinds exist
- Larson's derivative exercise and immediate sale suggests no desire to hold the stock post-vesting
- Small sample size (2 insiders) limits statistical significance of the cluster signal
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SLDE-1788900177006 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $28.91 | awaiting T+1 | — | $28.39 (−1.80%) |
Oct 27, 2026 today | Press Release | $28.91 | awaiting T+1 | — | $28.39 (−1.80%) |
Oct 27, 2026 today | Press Release | $28.39 | awaiting T+1 | — | $28.39 (−0.00%) |
Oct 22, 2026 5d ago | 144 | $28.55 $29.08 | ▲ +1.86% | ▲ +1.15% | $28.39 (−0.56%) |
Oct 1, 2026 26d ago | Press Release | $23.61 $24.14 | ▲ +2.24% | ▲ +1.57% | $28.39 (+20.25%) |
Sep 16, 2026 5w ago | Insider Cluster | $25.00 $24.95 | ▲ +0.20% | ▲ +0.08% | $28.39 (−13.56%) |
Sep 10, 2026 6w ago | Insider Cluster | $24.84 $26.23 | ▼ −5.60% | ▼ −6.04% | $28.39 (−14.29%) |
Sep 8, 2026 7w ago | Insider Cluster | $24.71 $24.45 | ▲ +1.05% | ▲ +0.45% | $28.39 (−14.89%) |
Aug 10, 2026 11w ago | Insider Cluster | $20.62 $20.96 | ▲ +1.65% | ▲ +1.40% | $28.39 (+37.68%) |
Aug 5, 2026 11w ago | Insider Cluster | $21.33 $21.13 | ▲ +0.94% | ▲ +1.55% | $28.39 (−33.10%) |
US Market Status
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