Form 4: Trupanion Executive Exercises Stock Options, Sells Shares to Cover Taxes
SEC Form 4 Filing
John R. Gallagher, EVP at Trupanion, exercised stock options and sold shares to cover tax obligations on May 22, 2024.
Summary
- On May 22, 2024, John R. Gallagher, EVP of Global Support Services at Trupanion, Inc., exercised restricted stock units (RSUs) converting them into 2,569 shares of common stock.
- Gallagher also disposed of 624 shares of common stock at a price of $29.19 to satisfy income tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Gallagher directly owns 15,224 shares of Trupanion common stock and 17,990 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral event related to standard executive compensation practices. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine filing related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Reporting person was granted 20,559 restricted stock units (RSUs). |
| 05/22/2024 | Date of transaction: Gallagher exercised stock options and sold shares to cover taxes. |
| 02/22/2026 | Expiration date of the restricted stock units. |
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