Form 4: Trupanion Director Jacqueline L. Davidson Reports Stock Transactions
SEC Form 4 Filing
Director Jacqueline L. Davidson reports the vesting and conversion of restricted stock units into Trupanion common stock.
Summary
- Jacqueline L. Davidson, a director of Trupanion, Inc., reported the vesting and conversion of restricted stock units (RSUs) into common stock.
- On September 30, 2024, 1,054 RSUs vested and converted into 1,054 shares of common stock.
- On December 31, 2024, another 1,054 RSUs vested and converted into 1,054 shares of common stock.
- These transactions were part of a grant of 4,217 RSUs awarded on February 27, 2024, which vest in equal quarterly installments.
- Following these transactions, Davidson directly owns 16,564 shares of Trupanion common stock and no derivative securities.
Sentiment
Score: 6
Explanation: Neutral sentiment as the document simply reports routine stock transactions by a company director.
Positives
- The vesting of RSUs indicates continued service and commitment by the director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small portion of the company's outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2024-02-27 | Date the reporting person was granted 4,217 restricted stock units (RSUs). |
| 2024-03-31 | First vesting date for 1/4th of the total shares of RSUs. |
| 2024-06-30 | Second vesting date for 1/4th of the total shares of RSUs. |
| 2024-09-30 | RSU conversion to common stock (1,054 shares). |
| 2024-12-31 | RSU conversion to common stock (1,054 shares). |
| 2025-01-03 | Date of Form 4 filing. |
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