Form 4: Trupanion Executive Travis Worra Reports Stock Transactions
SEC Form 4 Filing
General Manager Travis Worra of Trupanion, Inc. reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 22, 2024, Travis Worra, General Manager of Trupanion, Inc., reported transactions involving the company's common stock.
- 168 restricted stock units (RSUs) vested and converted into common stock on a one-for-one basis.
- 50 shares were withheld by the issuer to satisfy income tax obligations related to the vesting of the RSUs at a price of $29.19.
- Following these transactions, Worra directly owns 4,667 shares of Trupanion common stock and 1,183 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock-based compensation. It doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Reporting person was granted 1,351 restricted stock units (RSUs). |
| 05/22/2024 | 168 restricted stock units (RSUs) vested and converted into common stock. |
| 05/24/2024 | Date of Form 4 filing. |
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