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
- On August 22, 2024, Steve Weinrauch, EVP of North America & Veterinary Strategy at Trupanion, Inc., reported transactions involving Trupanion's common stock.
- Weinrauch vested 2,029 restricted stock units (RSUs) which converted into common stock on a one-for-one basis.
- The company withheld 494 shares to satisfy income tax obligations related to the vesting of the RSUs at a price of $45.39.
- Following these transactions, Weinrauch directly owns 58,505 shares of Trupanion common stock and 12,172 RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects routine 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. |
| 08/22/2024 | Date of transaction: vesting of 2,029 RSUs and withholding of 494 shares for tax obligations. |
| 08/26/2024 | Date of Form 4 filing. |
| 02/22/2026 | Expiration date of the Restricted Stock Units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.