Overview
Matthew Paul Larson, who serves as Chief Risk Officer at Slide Insurance Holdings, Inc. (NYSE: SLDE), disposed of 10,000 shares of the company's common stock on April 13, 2026, for aggregate proceeds of roughly $180,000. The trades were carried out at prices between $17.92 and $18.03 per share, according to regulatory filing details.
Transaction specifics and option exercise
On the same date, Larson also exercised stock options to acquire 10,000 shares at an exercise price of $0.79 per share, representing a total exercise cost of $7,900. The Form 4 filed with the Securities and Exchange Commission indicates those options were immediately exercisable.
The sales and the option exercise were executed pursuant to a pre-arranged Rule 10b5-1 trading plan that Larson adopted on December 4, 2025. The filing establishes the transactions as planned trades under the 10b5-1 framework.
Valuation and company context
InvestingPro analysis cited in the filing indicates Slide Insurance’s shares were trading below Fair Value at the time of the transaction, suggesting the stock appeared undervalued under that assessment. The company carries a market capitalization of $2.23 billion and has been profitable over the last twelve months.
Recent financial performance and capital actions
Slide Insurance reported fourth-quarter 2025 earnings per share of $1.23, substantially above analyst expectations of $0.71. Revenue for the quarter rose to $347 million from $238.5 million in the year-ago period. In addition to these results, the company completed a $120 million stock repurchase program and has since authorized a new $125 million buyback initiative.
Analyst coverage and guidance
Following the strong fourth-quarter performance, several broker-dealers made changes to their assessments of Slide Insurance. Keefe, Bruyette & Woods increased its price target for the company to $23, citing the quarter’s results and ongoing operational strength. Barclays reiterated an Overweight rating and maintained a $29 price target. Texas Capital Securities initiated coverage with a Buy rating and a $25 price target. These analyst actions were noted alongside the earnings release.
Takeaway
The regulatory filings and company disclosures present a sequence of planned insider transactions by a senior risk executive, paired with a quarter of stronger-than-expected financial results and active capital-return programs. The stock’s valuation per InvestingPro and the firm’s recent buyback authorizations form the backdrop to the insider activity recorded on April 13, 2026.