Form 4: Trupanion Executive Simon Wheeler Reports Stock Transactions
SEC Form 4
EVP of Trupanion International, Simon Wheeler, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Simon Wheeler, EVP of Trupanion International, reported transactions involving Trupanion, Inc. common stock on May 25, 2024.
- 974 restricted stock units (RSUs) vested and converted into common stock.
- 457 shares were withheld by Trupanion to satisfy income tax obligations related to the vesting of the RSUs at a price of $28.95.
- Following these transactions, Wheeler directly owns 6,715 shares of common stock and 5,846 RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| November 12, 2021 | Reporting person was granted 15,588 restricted stock units (RSUs). |
| November 25, 2022 | 1/4th of the total shares of RSUs vested and converted into common stock. |
| May 25, 2024 | 974 RSUs vested and converted into common stock; 457 shares withheld for tax obligations. |
| November 25, 2025 | Expiration date of the Restricted Stock Unit (RSU). |
| May 29, 2024 | Date of Form 4 signature. |
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