Form 4: Trupanion Executive Steve Weinrauch Reports Stock Transactions
SEC Form 4 Filing
EVP Steve Weinrauch reports the vesting of restricted stock units and associated tax withholding.
Summary
- Steve Weinrauch, EVP at Trupanion, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On February 24, 2025, 2,029 restricted stock units (RSUs) vested and converted into common stock.
- 601 shares were withheld by Trupanion to cover income tax obligations related to the RSU vesting at a price of $33.41.
- Following these transactions, Weinrauch directly owns 53,527 shares of common stock and 8,115 restricted stock units.
- The RSUs were granted on February 27, 2024, and vest quarterly, with 1/8th of the total shares vesting on May 22, 2024, and then quarterly thereafter, contingent upon continued service.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, with no particularly positive or negative implications.
Future Outlook
The remaining RSUs will continue to vest quarterly, subject to continued service.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions.
Stakeholder Impact
- Shareholders can monitor insider transactions through these filings.
- Employees may be impacted by changes in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Reporting person was granted 16,229 restricted stock units (RSUs). |
| 05/22/2024 | 1/8th of the total shares of RSUs vest. |
| 02/24/2025 | 2,029 Restricted stock units (RSUs) converted into common stock. |
| 02/26/2025 | Date of signature for the Form 4 filing. |
| 02/22/2026 | Expiration date of the Restricted Stock Unit (RSU). |
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