Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 262

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 262
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 March 31, 2025 and March 31, 2024, there was approximately $19,433 and $0, respectively, of total unrecognized compensation expense related to nonvested restricted stock arrangements. The F-25

Slide Insurance Holdings, Inc. Notes to Unaudited Condensed Consolidated Financial Statements (Dollar amounts in thousands, except share and per share amounts, unless otherwise stated) Company expects to recognize the remaining compensation expense over a weighted-average period of 1.75 years. The following table summarizes information about deferred tax benefits recognized and tax benefits realized related to Stock-Based compensation for the three months ended March 31, 2025 and 2024.

|                                        |     |   |    2025 |     |   |   2024 |
|:---------------------------------------|:----|:--|--------:|:----|:--|-------:|
| Deferred tax benefits recognized       |     | $ |     764 |     | $ |     69 |
| Tax benefits realized for vested stock |     |   |     118 |     |   |    108 |
| Fair value of vested stock             |     |   | 104,537 |     |   | 39,103 |

| 18. | Variable Interest Entities |

The Company entered into a reinsurance captive arrangement with White Rock Insurance (SAC) Ltd. acting in respect of “Separate Account T104—Slide,” a VIE in the normal course of business and consolidated the VIE since the Company is the primary beneficiary. See “Note 1 (Nature of Business and Significant Accounting Policies — Consolidation Policy)” for more information about the methodology and significant inputs used to consider to consolidate a VIE. In 2023, SIC entered into reinsurance transactions whereby the VIE provided quota share and catastrophe reinsurance protection to the Insurance Entities for the period of June 1, 2023 through May 31, 2024. In 2024, SIC entered into reinsurance transactions whereby the VIE provided quota share and catastrophe reinsurance protection to the Insurance Entities for the period of June 1, 2024 through May 31, 2025. The excess of loss reinsurance captive arrangement entered into, which was effective June 1, 2024 through May 31, 2025. The following table presents, on a consolidated basis, the balance sheet classification and exposure of restricted cash held in a reinsurance trust account, which can be used