Form 4: Trupanion SVP, Channel Growth, Emily Dreyer, Reports Stock Transactions
SEC Form 4
Emily Dreyer, SVP, Channel Growth at Trupanion, Inc., reports the vesting and conversion of restricted stock units into common stock, along with associated tax withholding.
Summary
- On May 25, 2024, Emily Dreyer, SVP, Channel Growth at Trupanion, Inc., engaged in transactions involving Trupanion's common stock.
- These transactions included the vesting and conversion of restricted stock units (RSUs) into common stock.
- Specifically, 800, 23, and 1,482 RSUs vested and converted into common stock.
- The company withheld shares to satisfy income tax obligations related to the vesting of these RSUs.
- The price per share for tax withholding purposes was $28.95.
- Following these transactions, Dreyer directly owns 23,278 shares of common stock and holds derivative securities including 2,400, 68, and 10,372 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/22/2021 | Reporting person was granted 12,798 restricted stock units (RSUs). |
| 02/22/2021 | Reporting person was granted 363 restricted stock units (RSUs). |
| 02/25/2022 | 1/4th of the 12,798 and 363 RSUs vested and converted into common stock. |
| 02/28/2022 | Reporting person was granted 23,707 restricted stock units (RSUs). |
| 02/25/2023 | 1/4th of the 23,707 RSUs vested and converted into common stock. |
| 05/25/2024 | Transactions reported: vesting of RSUs and tax withholding. |
| 02/25/2025 | Expiration date for some Restricted Stock Units. |
| 02/25/2026 | Expiration date for some Restricted Stock Units. |
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