TRUP.NASDAQTrupanion, INC
Form 4: Trupanion CEO Darryl Rawlings Reports Stock Transactions
Sentiment:
SEC Form 4
CEO Darryl Rawlings reports the vesting of restricted stock units and associated tax withholding.
Summary
- On May 25, 2024, Trupanion CEO Darryl Rawlings reported transactions involving common stock and restricted stock units (RSUs).
- Rawlings converted 2,737 RSUs into common stock and 945 RSUs into common stock.
- The company withheld 666 shares and 230 shares to cover income tax obligations related to the vesting of the RSUs.
- Following these transactions, Rawlings directly owns 622,356 shares of common stock, then 621,641 shares after the withholding, then 622,586 shares after the conversion, then 622,356 shares after the withholding.
- Rawlings also holds 8,214 and 6,621 RSUs.
Sentiment
Score: 5
Explanation: Routine filing; neutral sentiment as it reflects standard executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Reporting Person was granted 43,804 restricted stock units (RSUs). |
| 02/28/2022 | Reporting Person was granted 15,132 restricted stock units (RSUs). |
| 02/25/2022 | 1/4th of the 43,804 RSUs vest and will convert to common stock of the Issuer. |
| 02/25/2023 | 1/4th of the 15,132 RSUs vest and will convert to common stock of the Issuer. |
| 05/25/2024 | Date of reported transactions: vesting of RSUs and withholding of shares for tax obligations. |
| 02/25/2025 | RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2022, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date. |
| 02/25/2026 | RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2023, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date. |
| 05/29/2024 | Date of Form 4 filing. |
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