Form 4: Trupanion Executive Steve Weinrauch Reports Stock Transactions
SEC Form 4 Filing
EVP Steve Weinrauch reports the vesting and conversion of restricted stock units into common stock, along with shares withheld for tax obligations.
Summary
- On February 25, 2024, Steve Weinrauch, EVP of North America & Veterinary Strategy at Trupanion, Inc., reported transactions involving Trupanion's common stock.
- These transactions involved the vesting and conversion of restricted stock units (RSUs) into common stock.
- A portion of the shares were withheld by Trupanion to satisfy income tax obligations related to the vesting of the RSUs.
- Weinrauch's beneficial ownership of common stock following the reported transactions is 53,336 shares.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect the standard vesting of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/03/2020 | Reporting person was granted 23,844 restricted stock units (RSUs). |
| 02/22/2021 | Reporting person was granted 17,685 restricted stock units (RSUs). |
| 02/22/2021 | Reporting person was granted 1,028 restricted stock units (RSUs). |
| 02/25/2021 | 1/4th of the 23,844 RSUs vested and converted into common stock. |
| 02/28/2022 | Reporting person was granted 8,490 restricted stock units (RSUs). |
| 02/25/2022 | 1/4th of the 17,685 RSUs vested and converted into common stock. |
| 02/25/2022 | 1/4th of the 1,028 RSUs vested and converted into common stock. |
| 02/27/2023 | Reporting person was granted 649 restricted stock units (RSUs). |
| 02/25/2023 | 1/4th of the 8,490 RSUs vested and converted into common stock. |
| 02/25/2024 | Multiple transactions involving vesting of RSUs and withholding of shares for tax obligations occurred. |
| 02/25/2024 | 1/4th of the 649 RSUs vested and converted into common stock. |
| 02/27/2024 | Date of the signature on the Form 4 filing. |
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