Trupanion (NASDAQ: TRUP) CLO logs 2,610 RSUs vesting, 841 withheld for taxes
Rhea-AI Filing Summary
TRUPANION, INC. (TRUP) reported that Chief Legal Officer Asher Bearman had multiple restricted stock unit (RSU) awards vest on August 22 and 25, 2026, converting an aggregate 2,610 RSUs into an equal number of shares of common stock.
In connection with these vestings, a total of 841 shares of common stock were withheld by the issuer to satisfy income tax withholding obligations at prices of about $31.76–$31.84 per share, which the company specifies do not represent market sales by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,769 shares
Net Buy
15 txns
Insider
BEARMAN ASHER
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F7 | 125 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 125 | -- | -- |
| Tax Withholding | Common Stock F2 | 40 | $31.84 | $1K |
| Exercise | Restricted Stock Unit (RSU) F1, F3 | 265 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F4 | 9 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F5 | 379 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F6 | 1,832 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 265 | -- | -- |
| Tax Withholding | Common Stock F2 | 86 | $31.76 | $3K |
| Exercise | Common Stock F1 | 9 | -- | -- |
| Tax Withholding | Common Stock F2 | 2 | $31.76 | $63.52 |
| Exercise | Common Stock F1 | 379 | -- | -- |
| Tax Withholding | Common Stock F2 | 123 | $31.76 | $4K |
| Exercise | Common Stock F1 | 1,832 | -- | -- |
| Tax Withholding | Common Stock F2 | 590 | $31.76 | $19K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 13,557 shares (Direct);
Common Stock — 74,013 shares (Direct)
Footnotes (7)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. This Form 4 discloses the shares of common stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the vesting of the restricted stock units, and does not represent a sale by the reporting person.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. On February 20, 2026, the reporting person was granted 14,656 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, 2026, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date.
- F7. 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.
Key Figures
RSUs converted to common stock: 2,610 shares
Shares withheld for taxes: 841 shares
Tax withholding price: $31.76 per share
+5 more
8 metrics
RSUs converted to common stock
2,610 shares
Total RSUs exercised/converted across code M transactions in this Form 4
Shares withheld for taxes
841 shares
Total common shares withheld under code F to satisfy tax obligations
Tax withholding price
$31.76 per share
Price used for several code F tax-withholding transactions on August 22, 2026
Tax withholding price
$31.84 per share
Price used for a code F tax-withholding transaction on August 25, 2026
RSU grant size
2,122 RSUs
Grant dated February 27, 2025, vesting 1/8 initially then quarterly
RSU grant size
3,032 RSUs
Grant dated August 15, 2025, vesting 1/8 initially then quarterly
RSU grant size
14,656 RSUs
Grant dated February 20, 2026, vesting 1/8 initially then quarterly
RSU grant size
1,999 RSUs
Grant dated August 14, 2023, vesting 1/4 initially then quarterly
Key Terms
Restricted stock units (RSUs), income tax withholding and remittance obligations, vest, convert into common stock
4 terms
Restricted stock units (RSUs) financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
income tax withholding and remittance obligations financial
"shares of common stock that have been withheld by the issuer to satisfy its income tax withholding"
vest financial
"The RSUs vest and convert into common stock of the Issuer as to 1/8th of the total shares"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
convert into common stock financial
"The RSUs vest and convert into common stock of the Issuer as to 1/8th"
FAQ
What insider transactions did TRUP’s Chief Legal Officer report on this Form 4?
The Chief Legal Officer of TRUP, Asher Bearman, reported vesting of RSUs that converted into 2,610 shares of common stock on August 22 and 25, 2026, along with related share withholdings to cover income tax obligations.
Did the TRUP Form 4 show any open-market stock sales by Asher Bearman?
No. The filing states that shares reported under code F were withheld by the issuer to satisfy income tax withholding and remittance obligations in connection with RSU vesting and do not represent a sale by the reporting person.
What RSU grants underlie the TRUP vesting events disclosed?
The vesting events relate to prior RSU grants of 2,122 RSUs, 70 RSUs, 3,032 RSUs, 14,656 RSUs, and 1,999 RSUs, each vesting in scheduled installments subject to continued service, as described in the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
