Form 4: Trupanion Executive Steve Weinrauch Reports Stock Transactions
SEC Form 4
EVP Steve Weinrauch of Trupanion, Inc. reports the acquisition and disposal of common stock and restricted stock units on August 25, 2024, according to a Form 4 filing.
Summary
- On August 25, 2024, Steve Weinrauch, EVP of North America & Veterinary Strategy at Trupanion, Inc., engaged in multiple transactions involving the company's common stock and restricted stock units (RSUs).
- Weinrauch acquired shares through the conversion of RSUs and disposed of shares to cover income tax withholding obligations.
- The transactions resulted in a net change in Weinrauch's beneficial ownership of Trupanion's common stock.
- The price of the disposed shares was $46.63.
- The RSUs convert into common stock on a one-for-one basis and vest quarterly, subject to continued service.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Reporting person was granted 1,028 restricted stock units (RSUs). |
| 02/22/2021 | Reporting person was granted 17,685 restricted stock units (RSUs). |
| 02/25/2022 | 1/4th of the total shares of RSUs granted on February 22, 2021 vested and converted into common stock. |
| 02/28/2022 | Reporting person was granted 8,490 restricted stock units (RSUs). |
| 02/25/2023 | 1/4th of the total shares of RSUs granted on February 28, 2022 vested and converted into common stock. |
| 02/27/2023 | Reporting person was granted 649 restricted stock units (RSUs). |
| 08/14/2023 | Reporting person was granted 5,655 restricted stock units (RSUs). |
| 02/25/2024 | 1/4th of the total shares of RSUs granted on February 27, 2023 vested and converted into common stock. |
| 08/25/2024 | EVP Steve Weinrauch reports stock transactions. |
| 08/25/2024 | 1/4th of the total shares of RSUs granted on August 14, 2023 vest and convert into common stock. |
| 02/25/2025 | Expiration date of some Restricted Stock Units (RSUs). |
| 02/25/2026 | Expiration date of some Restricted Stock Units (RSUs). |
| 02/25/2027 | Expiration date of some Restricted Stock Units (RSUs). |
| 08/25/2027 | Expiration date of some Restricted Stock Units (RSUs). |
| 08/27/2024 | Date of the signature of the reporting person. |
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