Trupanion CLO Asher Bearman reports share holdings
Trupanion, Inc. reported the initial share ownership of its new Section 16 officer and Chief Legal Officer, Asher Bearman, effective February 4, 2026.
Accepted by SEC EDGAR
Learn about SEC filing dates
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Trupanion, Inc. reported the initial share ownership of its new Section 16 officer and Chief Legal Officer, Asher Bearman, effective February 4, 2026. Bearman beneficially owns 69,272 shares of common stock directly, a stock option for 4,397 shares at $17.97 per share, and several restricted stock unit awards that each convert into common stock on a one-for-one basis and vest over time.
Insider Trade Summary
Holdings reported, no transactions
Holdings
Insider
BEARMAN ASHER
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Holding | Stock Option (right to buy) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Restricted Stock Unit (RSU) | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings:
Stock Option (right to buy) — 4,397 contracts (Direct);
Restricted Stock Unit (RSU) — 6,052 contracts (Direct);
Common Stock — 69,272 shares (Direct)
Footnotes (8)
- F1. The option vests as to 25% of the total shares on May 4, 2018, and then 2.0833% of the total shares vest monthly thereafter, with 100% of the total shares vested and exercisable on May 4, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.
- F2. On February 28, 2022, the Reporting Person was granted 2,881 restricted stock units (RSUs). The RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on February 25, 2023, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
- F3. Restricted stock units convert into common stock on a one-for-one basis.
- F4. On August 14, 2023, the Reporting Person was granted 1,999 restricted stock units (RSUs). The RSUs vest and will convert to common stock of the Issuer as to 1/4th of the total shares on August 25, 2024, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
- F5. On February 27, 2024, the reporting person was granted 7,777 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2024, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.
- F6. On February 27, 2025, the reporting person was granted 2,122 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2025, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.
- F7. On February 27, 2025, the reporting person was granted 70 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on May 22, 2025, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.
- F8. On August 15, 2025, the reporting person was granted 3,032 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares on November 22, 2025, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Trupanion (TRUP) disclose in Asher Bearman’s Form 3 filing?
The Form 3 discloses Chief Legal Officer Asher Bearman’s initial beneficial ownership in Trupanion. It lists directly held common shares, a vested stock option, and several restricted stock unit awards that convert one-for-one into common stock according to specified vesting schedules tied to continued service.
What stock option does Asher Bearman hold in Trupanion (TRUP)?
Asher Bearman holds a stock option covering 4,397 shares of Trupanion common stock with an exercise price of $17.97 per share. The option is fully vested and exercisable, reflecting prior vesting that completed on May 4, 2021, contingent on his continued service through the vesting dates.
What restricted stock units (RSUs) are reported for Asher Bearman at Trupanion (TRUP)?
The Form 3 lists several RSU awards for Asher Bearman, with current balances including 180, 875, 973, 1,327, 44 and 2,653 units. Each RSU converts into one share of common stock and vests under distinct quarterly or annual schedules conditioned on continued service.
When was Asher Bearman designated a Section 16 officer at Trupanion (TRUP)?
The filing notes that Trupanion appointed Asher Bearman as a Section 16 officer effective February 4, 2026. This designation subjects him to specific reporting requirements for his equity holdings and transactions, including the initial Form 3 and any subsequent Forms 4 or 5.
What is Asher Bearman’s role at Trupanion (TRUP) according to the Form 3?
According to the Form 3, Asher Bearman serves as an officer of Trupanion with the title Chief Legal Officer. This senior executive role explains his status as a Section 16 reporting person, requiring disclosure of his ownership in Trupanion’s common stock and equity-based awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
