Director-Affiliated Entity Files Intent to Sell $13.6M in Stock
SLDE sits 67% above its 52-week low of $12.53.
Summary
An entity affiliated with a director of Slide Insurance Holdings has filed a Form 144 to sell $13.6 million worth of stock, adding to recent insider selling activity.
Key Events · Ownership and Investor Activity · SLDE
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Intent to Sell Significant Stake
GRM Family Limited Partnership, an entity affiliated with a director, intends to sell 648,876 shares of common stock, valued at approximately $13.6 million. This represents about 0.57% of outstanding shares.
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Part of Ongoing Insider Selling
This filing follows a pattern of significant insider selling, including a recent $3.95 million intent to sell by the CEO and a $1.2 million intent to sell by another director, as the stock trades near its 52-week high.
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Pre-Planned Sale
The proposed sale is being made under a Rule 10b5-1 trading plan established on December 12, 2025, indicating a pre-scheduled disposition rather than an immediate discretionary decision.
Analysis · SLDE · Finance
GRM Family Limited Partnership, an entity affiliated with a director, has filed a Form 144 indicating its intent to sell 648,876 shares of common stock, valued at approximately $13.6 million. This planned sale, made under a 10b5-1 plan, represents a significant disposition of shares, especially as the stock trades near its 52-week high and follows a recent pattern of substantial insider selling.
How filings like this one have moved
In the 30 days to Sep 16, 2026, 29.6% of the 1725 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.33%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SLDE was trading at $20.95 on NASDAQ in the Finance sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $12.53 to $21.79. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.