Trupanion (TRUP) Rule 144 Notice — 2,800 Shares via Morgan Stanley

Rhea-AI Filing Summary

Form 144 notice for Trupanion, Inc. (TRUP) reports a proposed sale of 2,800 shares of Common stock through Morgan Stanley Smith Barney LLC on 08/26/2025 with an aggregate market value of $127,573.88. The filing lists total shares outstanding as 42,994,675. The securities were acquired as restricted stock from the issuer on 08/25/2025 (1,971 shares) and 08/22/2025 (829 shares), with payment dates matching acquisition dates and marked as Not Applicable for non-cash consideration. The filing also discloses prior sales by the same person: 2,534 shares sold on 05/29/2025 for $122,405.63 and 828 shares sold on 05/27/2025 for $37,698.84. The notice includes the standard signature representation that the seller is not aware of undisclosed material adverse information.

Insights

Securities Analyst

TL;DR Routine Form 144 disclosing a proposed sale of 2,800 common shares via Morgan Stanley on 08/26/2025.

The filing is a statutory notice under Rule 144 describing the proposed disposition mechanics and the origin of the shares as restricted stock issued by the company in late August 2025. It specifies broker details, aggregate market value for the proposed sale, and recent sales by the same person in May 2025. There is no earnings or operational data in this filing; it only documents an insider-related securities disposition.

Compliance / Corporate Governance Expert

TL;DR Compliance-focused disclosure showing required Rule 144 notice and signer representation about lack of undisclosed material information.

The form contains the mandatory attestation language whereby the seller represents no knowledge of undisclosed material adverse information. It records acquisition dates, nature of acquisition as restricted stock, and matching payment entries. The filing fulfills procedural requirements; it does not include any plan adoption date or 10b5-1 trading plan details in the visible content.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	2800	127573.88	42994675	08/26/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/25/2025	Restricted Stock	ISSUER			1971	08/25/2025	Not Applicable
Common	08/22/2025	Restricted Stock	ISSUER			829	08/22/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
FAWWAD QURESHI 6100 4th Avenue S, Suite 200 Seattle, WA 98108	Common	05/29/2025	2534	122405.63
FAWWAD QURESHI 6100 4th Avenue S, Suite 200 Seattle, WA 98108	Common	05/27/2025	828	37698.84

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the TRUP Form 144 disclose about the proposed sale on 08/26/2025?

The filing shows a proposed sale of 2,800 common shares through Morgan Stanley Smith Barney LLC on 08/26/2025 with an aggregate market value of $127,573.88.

How were the shares being sold acquired according to the filing?

The securities were acquired as restricted stock from the issuer: 1,971 shares on 08/25/2025 and 829 shares on 08/22/2025.

Does the filing show recent sales of TRUP shares by the same person?

Yes. It reports sales of 2,534 shares on 05/29/2025 for $122,405.63 and 828 shares on 05/27/2025 for $37,698.84.

What broker is handling the proposed sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.

Does the Form 144 state whether the seller knows of any undisclosed material information?

Yes. By signing the notice the person represents they do not know any material adverse information regarding the issuer that has not been publicly disclosed.