Form 4: Dan Levitan Reports Trupanion Stock Transactions
SEC Form 4 Filing
Director Dan Levitan reports the vesting of restricted stock units and subsequent acquisition of Trupanion common stock.
Summary
- On March 31, 2024, Dan Levitan, a director of Trupanion, Inc., acquired 1,582 shares of common stock.
- These shares were obtained through the vesting of restricted stock units (RSUs).
- The RSUs convert into common stock on a one-for-one basis.
- Following the transaction, Levitan directly owns 95,116 shares of common stock and 4,744 derivative securities.
- The RSUs were granted on February 27, 2024, and vest in equal quarterly installments.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting scheduled compensation rather than a discretionary transaction.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Reporting person was granted 6,326 restricted stock units (RSUs). |
| 03/31/2024 | Date of transaction: vesting of 1,582 restricted stock units and acquisition of common stock. |
| 03/31/2024 | 1/4th of the total shares vest. |
| 06/30/2024 | 1/4th of the total shares vest. |
| 09/30/2024 | 1/4th of the total shares vest. |
| 12/31/2024 | 1/4th of the total shares vest. |
| 04/03/2024 | Date of report. |
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