SLDE President & COO Lucas Shannon sold 98,692 shares across 3 transactions (May 15–19) for $1,872,767.28 under pre-arranged 10b5-1 plan adopted Nov 2025.
Lucas Shannon executed three separate sales totaling 98,692 shares for $1,872,767.28 at an average price of $18.98, reducing his holdings by 7.7% to 1,183,300 shares. This activity is part of a scheduled 10b5-1 trading plan adopted on 2025-11-21, meaning the transactions were pre-arranged and not discretionary decisions. At current price of $18.48, the stock is trading 28.6% below its 52-week high of $25.90 and down 5.9% over the last 30 days, though SLDE fundamentals remain strong with 36.5% annual revenue growth, a 4.31 P/E ratio, and $139.5M in net income on $389.3M in quarterly revenue. Notably, Shannon's prior trades at this ticker show mixed near-term outcomes (30-day returns ranging from -1.4% to +1.9%), providing limited directional signal given the scheduled nature of the current filing.