Director Robert Jr Gries sold 112,848 shares at avg $20.52 (2 transactions, $2.3M) under pre-arranged 10b5-1 plan
Robert Jr Gries executed 2 separate sales totaling 112,848 shares for $2,315,076.72 as part of a pre-arranged 10b5-1 trading plan adopted on 2025-12-12, reducing his holdings by 6.1% to 1,749,145 shares. The transaction is scheduled, not discretionary, so it does not reflect real-time trading judgment. His prior same-ticker sales at SLDE show mixed outcomes: the two most recent sales (2026-05-06 and 2026-05-05) are down 10.5% and 13.6% respectively over 30 days, while earlier trades (2026-04-07, 2026-04-06, 2026-03-18) showed positive 30-day returns ranging from 3.8% to 10.0%. The company's fundamentals remain strong with $389.3M in latest-quarter revenue, net income of $139.5M, annual revenue growth of 36.5%, and a P/E of 4.77, which does not suggest operational distress signaling the selling activity.