Trupanion (NASDAQ: TRUP) CEO turns 19K RSUs into stock shares
Rhea-AI Filing Summary
TRUPANION, INC. (TRUP) CEO and director Margaret Tooth reported multiple equity compensation transactions. On August 22 and 25, 2026 she exercised and vested 19,042 RSUs into the same number of common shares. Of these, 7,000 shares were withheld by the issuer to cover income tax obligations and 491 shares were sold in a market transaction at $31.84 per share. The remaining shares from these RSU conversions increased her directly held common stock, although post-transaction holdings are not stated here.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
15 txns
Insider
Tooth Margaret
Role
CEO
Sold
491 shs ($16K)
Approx. gross sale proceeds
$16K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F7 | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,250 | -- | -- |
| Sale | Common Stock F2 | 491 | $31.84 | $16K |
| Exercise | Restricted Stock Unit (RSU) F1, F3 | 313 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F4 | 3,042 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F5 | 6,250 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) F1, F6 | 8,187 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 313 | -- | -- |
| Tax Withholding | Common Stock F2 | 123 | $31.76 | $4K |
| Exercise | Common Stock F1 | 3,042 | -- | -- |
| Tax Withholding | Common Stock F2 | 1,197 | $31.76 | $38K |
| Exercise | Common Stock F1 | 6,250 | -- | -- |
| Tax Withholding | Common Stock F2 | 2,459 | $31.76 | $78K |
| Exercise | Common Stock F1 | 8,187 | -- | -- |
| Tax Withholding | Common Stock F2 | 3,221 | $31.76 | $102K |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 92,838 shares (Direct);
Common Stock — 186,952 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, 2024, the reporting person was granted 5,000 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on February 22, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
- F4. On August 19, 2024, the reporting person was granted 48,679 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on August 22, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
- F5. On February 27, 2025, the reporting person was granted 50,000 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.
- F6. On February 20, 2026, the reporting person was granted 65,497 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 20,000 restricted stock units (RSUs). The RSUs vest and convert into 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
Open-market sale shares: 491 shares of Common Stock
Open-market sale price: $31.84 per share
RSU exercises: 19,042 RSUs
+5 more
8 metrics
Open-market sale shares
491 shares of Common Stock
Sold on August 25, 2026 at a reported per-share price
Open-market sale price
$31.84 per share
Price for 491 TRUP common shares sold on August 25, 2026
RSU exercises
19,042 RSUs
Total RSUs exercised/converted into common stock in August 2026
Shares withheld for taxes
7,000 shares
Common shares withheld by issuer to satisfy income tax obligations
Tax withholding share price
$31.76 per share
Price used for issuer share withholding to cover tax obligations
RSU grant on February 20, 2026
65,497 RSUs
CEO RSU grant vesting 1/8 on May 22, 2026, then quarterly
RSU grant on February 27, 2025
50,000 RSUs
CEO RSU grant vesting in eight equal installments
RSU grant on August 19, 2024
48,679 RSUs
CEO RSU grant vesting over time starting August 22, 2025
Key Terms
Restricted Stock Unit (RSU), tax withholding, vesting, Form 4, +1 more
5 terms
Restricted Stock Unit (RSU) financial
"Restricted Stock Unit (RSU) transactions convert into common stock on a one-for-one basis"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax withholding financial
"shares of common stock that have been withheld by the issuer to satisfy its income tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
vesting financial
"The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4 regulatory
"This Form 4 discloses the shares of common stock that have been withheld"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
withheld by the issuer financial
"shares of common stock that have been withheld by the issuer to satisfy its income tax withholding"
FAQ
What did TRUP CEO Margaret Tooth report in this Form 4 for TRUP?
She reported the vesting and exercise of 19,042 RSUs into common stock on August 22 and 25, 2026, with 7,000 shares withheld for taxes and a separate open-market sale of 491 shares at $31.84 per share.
How many restricted stock units did the TRUP CEO convert to common stock?
Across derivative transactions coded “M,” Margaret Tooth converted 19,042 Restricted Stock Units (RSUs) into the same number of Trupanion common shares in August 2026, all on a one-for-one basis.
Were the TRUP tax-withholding transactions sales by the CEO?
No. A footnote states the 7,000 shares reported under code “F” were withheld by the issuer to cover income tax withholding and remittance obligations and do not represent a sale by the reporting person.
What equity awards underlie the reported TRUP RSU transactions?
The RSU activity relates to prior grants, including 5,000 RSUs granted on February 27, 2024, 48,679 RSUs on August 19, 2024, 50,000 RSUs on February 27, 2025, and 65,497 RSUs on February 20, 2026, each vesting over time subject to continued service.
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