Matthew Larson, Chief Risk Officer of Slide Insurance Holdings (NASDAQ:SLDE), sold 11,250 shares on May 26, 2026, for a total of $208,800.
Shares were sold between $18.33 and $18.76, averaging $18.56. The sale occurs as the stock trades below its Bond.az Fair Value, suggesting potential undervaluation.
The sale followed the exercise of stock options. Larson acquired 11,250 shares at $0.79 each, totaling $8,887. Options were fully vested.
Transactions were conducted under a pre-arranged 10b5-1 trading plan. Following the sale, Larson holds no direct common stock but retains 11,498 derivative shares in options.
The $2.13 billion market cap insurer has a "GREAT" financial health score. Analysts expect continued profitability.
In other news, Slide Insurance reported Q1 2026 EPS of $1.02 (beat $0.67 estimate), revenue of $389.3 million. Texas Capital Securities raised price target from $25 to $27.
Slide Insurance entered California property insurance market via an E&S program, writing its first policy.
