Slide Insurance Holdings Inc (NYSE: SLDE) reported insider sales by President and Chief Operating Officer Shannon Lucas on March 16 and March 17, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
Over the two trading days Lucas sold a total of 32,263 shares of common stock for aggregate proceeds of about $587,954. The larger tranche occurred on March 16, when Lucas sold 22,500 shares at a weighted average price of $18.13 per share, with execution prices ranging from $18.00 to $18.25. The remaining 9,763 shares were sold on March 17 at a weighted average price of $18.44, in a range of $18.31 to $18.48.
As of the time the transaction details were reported, Slide Insurance shares were trading at $17.75, a level below the prices at which Lucas completed the sales.
The Form 4 lists the shares as being indirectly held by Securus Risk Management, LLC. After these sales, Lucas continues to indirectly hold 1,553,108 shares through Securus Risk Management, LLC and directly owns 194,201 shares.
Despite the insider sale, InvestingPro data cited in the filing indicates that SLDE remains undervalued based on that service's Fair Value analysis, and the company received an "EXCELLENT" financial health score in that assessment. The filing references additional research available through a Pro Research Report on SLDE and other U.S. equities.
Separately, Slide Insurance posted notably strong fourth-quarter 2025 results that materially exceeded analyst expectations. The company reported earnings per share of $1.23, compared with a consensus estimate of $0.71, representing a 73.24% surprise to the upside. Revenue for the quarter rose to $347.0 million versus $238.5 million in the same period a year earlier.
Following the quarter, Keefe, Bruyette & Woods raised its price target on Slide Insurance to $23 from $22 and maintained an Outperform rating. The firm attributed the increase to the company’s robust fourth-quarter performance and persistently favorable loss trends. Analysts also noted that higher accretion tied to incremental Citizens takeout activity played a role in the revised estimates.
The Form 4 disclosure and the company’s recent earnings release together provide investors with contemporaneous views of insider activity and corporate performance. The sale by a senior executive is a discrete action that sits alongside other signals about Slide Insurance’s operating results and analyst sentiment.