Form 4: Trupanion Executive Steve Weinrauch Reports Stock Transactions
SEC Form 4 Filing
EVP of Trupanion, Steve Weinrauch, reports multiple transactions involving the acquisition and disposal of common stock and restricted stock units.
Summary
- Steve Weinrauch, an EVP at Trupanion, has filed a Form 4 detailing several transactions involving the company's stock.
- These transactions include the acquisition of common stock through the vesting of restricted stock units (RSUs) and the disposal of shares to cover tax obligations.
- The reported transactions occurred on November 22nd and November 25th, 2024.
- The transactions involved both common stock and restricted stock units (RSUs).
- The price of the common stock disposed of to cover tax obligations was $53.46 and $53.60.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by an executive, which is neither positive nor negative for the company's outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
- The vesting schedules for the RSUs are typical for executive compensation packages in the tech and healthcare industries.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Steve Weinrauch was granted 17,685 restricted stock units (RSUs). |
| 02/25/2022 | 1/4th of the 17,685 RSUs granted on 02/22/2021 vested and converted into common stock. |
| 02/28/2022 | Steve Weinrauch was granted 8,490 restricted stock units (RSUs). |
| 02/25/2023 | 1/4th of the 8,490 RSUs granted on 02/28/2022 vested and converted into common stock. |
| 02/27/2023 | Steve Weinrauch was granted 649 restricted stock units (RSUs). |
| 08/14/2023 | Steve Weinrauch was granted 5,655 restricted stock units (RSUs). |
| 02/25/2024 | 1/4th of the 649 RSUs granted on 02/27/2023 vested and converted into common stock. |
| 02/27/2024 | Steve Weinrauch was granted 16,229 restricted stock units (RSUs). |
| 05/22/2024 | 1/8th of the 16,229 RSUs granted on 02/27/2024 vested and converted into common stock. |
| 08/25/2024 | 1/4th of the 5,655 RSUs granted on 08/14/2023 vested and converted into common stock. |
| 11/22/2024 | Steve Weinrauch acquired and disposed of Trupanion stock. |
| 11/25/2024 | Steve Weinrauch acquired and disposed of Trupanion stock. |
| 11/27/2024 | Form 4 filing date. |
Keywords
Trupanion, stock transactions, Form 4, restricted stock units, RSU, insider trading, executive compensation, Steve Weinrauch
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