Trupanion insider Form 4 shows RSU conversions, no open-market sales
Rhea-AI Filing Summary
Trupanion, Inc. reported insider equity activity by its EVP, Trupanion International. On 11/24/2025, the executive acquired common stock through the vesting and conversion of restricted stock units (RSUs) and had shares withheld to cover taxes. Three RSU tranches converted into 528, 937 and 1,525 shares of common stock, all at an exercise price of $0, reflecting equity compensation rather than open-market purchases.
To satisfy income tax withholding related to these vestings, 248, 440 and 716 shares of common stock were withheld by the company at a price of $35.4 per share, which is explicitly stated as not representing sales by the reporting person. Following the reported transactions, the executive continued to hold several thousand shares of Trupanion common stock directly, as well as remaining unvested RSUs scheduled to vest over time, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 528 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 937 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 1,525 | $0.00 | -- |
| Exercise | Common Stock | 528 | $0.00 | -- |
| Tax Withholding | Common Stock | 248 | $35.40 | $9K |
| Exercise | Common Stock | 937 | $0.00 | -- |
| Tax Withholding | Common Stock | 440 | $35.40 | $16K |
| Exercise | Common Stock | 1,525 | $0.00 | -- |
| Tax Withholding | Common Stock | 716 | $35.40 | $25K |
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. This Form 4 discloses the shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units, and does not represent a sale by the reporting person. On February 27, 2025, the reporting person was granted 4,219 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2025, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date. On February 27, 2024, the reporting person was granted 12,203 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2024, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date. On February 27, 2024, the reporting person was granted 15,000 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on February 25, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
FAQ
What insider transaction did Trupanion (TRUP) report in this Form 4?
The filing reports that an executive of Trupanion, Inc. (TRUP) had several tranches of restricted stock units (RSUs) vest on 11/24/2025, converting into shares of common stock, with a portion of those shares withheld to cover taxes.
What RSU grants are described for the Trupanion (TRUP) executive?
The executive received RSU grants of 4,219 units on February 27, 2025 and grants of 12,203 and 15,000 units on February 27, 2024. These RSUs vest in scheduled fractions (such as 1/8th or 1/4th initially, then quarterly) and convert into Trupanion common stock subject to continued service.
What position does the reporting person hold at Trupanion (TRUP)?
The reporting person is listed as an Officer of Trupanion, Inc. with the title EVP, Trupanion International, indicating a senior executive role within the company.