TRUP.NASDAQTrupanion, INC

Form 4: Trupanion Executive Steve Weinrauch Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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EVP Steve Weinrauch of Trupanion, Inc. reports the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.

Summary

  • On February 25, 2025, Steve Weinrauch, EVP of North America & Veterinary Strategy at Trupanion, Inc., reported transactions involving common stock and restricted stock units (RSUs).
  • Weinrauch acquired shares through the vesting of RSUs and had shares withheld by the issuer to cover income tax obligations.
  • The transactions resulted in a net change in Weinrauch's beneficial ownership of Trupanion's common stock.
  • The price for shares withheld was $34.12.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, and the transactions described are part of standard executive compensation practices. Therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect the standard compensation practices for company executives.

Key Dates

DateDescription
February 22, 2021Reporting person was granted 1,028 and 17,685 restricted stock units (RSUs).
February 25, 20221/4th of the total shares of RSUs granted on February 22, 2021 vested and converted into common stock.
February 28, 2022Reporting person was granted 8,490 restricted stock units (RSUs).
February 27, 2023Reporting person was granted 649 restricted stock units (RSUs).
August 14, 2023Reporting person was granted 5,655 restricted stock units (RSUs).
February 25, 20231/4th of the total shares of RSUs granted on February 28, 2022 vested and converted into common stock.
February 25, 20241/4th of the total shares of RSUs granted on February 27, 2023 vested and converted into common stock.
August 25, 20241/4th of the total shares of RSUs granted on August 14, 2023 vest and convert into common stock.
February 25, 2025Date of the reported transactions involving the vesting of RSUs and withholding of shares for tax obligations.
February 25, 2026Date that RSUs granted on February 28, 2022 vest and convert into common stock.
February 25, 2027Date that RSUs granted on February 27, 2023 vest and convert into common stock.
August 25, 2027Date that RSUs granted on August 14, 2023 vest and convert into common stock.

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