Trupanion director converts RSUs into 318 shares
TRUPANION, INC. director Howard E. Rubin exercised previously granted restricted stock units that converted into a total of 318 shares of common stock on May 22, 2026.
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Form Type
4
Rhea-AI Filing Summary
TRUPANION, INC. director Howard E. Rubin exercised previously granted restricted stock units that converted into a total of 318 shares of common stock on May 22, 2026. These RSUs convert into common stock on a one-for-one basis and were granted in connection with his service on boards of wholly-owned subsidiaries.
After these routine equity compensation-related conversions, Rubin directly holds 232,868 shares of Trupanion common stock. The filing shows only derivative exercises and no open‑market purchases or sales.
Insider Trade Summary
318 shares exercised/converted
Exercise
6 txns
Insider
RUBIN HOWARD E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 106 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 106 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit (RSU) | 106 | $0.00 | $0.00 |
| Exercise | Common Stock | 106 | $0.00 | $0.00 |
| Exercise | Common Stock | 106 | $0.00 | $0.00 |
| Exercise | Common Stock | 106 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 0 contracts (Direct);
Common Stock — 232,868 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On May 9, 2025, the reporting person received three separate grants of 423 RSUs each in connection with his service on the board of directors of wholly-owned subsidiaries of the Issuer. The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on each of August 22, 2025, November 22, 2025, February 22, 2026, and May 22, 2026, subject to continued service through each vest date.
Key Figures
RSUs converted: 318 shares
Single RSU tranche size: 106 shares
Post-transaction holdings: 232,656 shares
+3 more
6 metrics
RSUs converted
318 shares
Total restricted stock units converting into common stock on May 22, 2026
Single RSU tranche size
106 shares
Each RSU entry converting into common stock on May 22, 2026
Post-transaction holdings
232,656 shares
Common stock directly held by Howard E. Rubin after transactions
Exercise transactions
3
Number of derivative exercises reported in transaction summary
Exercised shares
318 shares
Total shares from derivative exercises in transaction summary
Individual RSU grant size
423 RSUs
Three separate grants received May 9, 2025, per footnote
Key Terms
Restricted stock units, one-for-one basis, wholly-owned subsidiaries, vest, +1 more
5 terms
Restricted stock units financial
"Restricted stock units convert into common stock on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Restricted stock units convert into common stock on a one-for-one basis."
wholly-owned subsidiaries financial
"service on the board of directors of wholly-owned subsidiaries of the Issuer."
vest financial
"The RSUs vest and convert into common stock of the Issuer as to 1/4th 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.
board of directors financial
"in connection with his service on the board of directors of wholly-owned subsidiaries"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Howard E. Rubin report at Trupanion (TRUP)?
Howard E. Rubin reported exercising restricted stock units that converted into 318 shares of Trupanion common stock on May 22, 2026. These were equity compensation-related conversions, not open-market purchases or sales, and increased his directly held common stock position reported in the filing.
How were Howard E. Rubin’s Trupanion (TRUP) RSUs structured and vested?
Footnotes explain that on May 9, 2025, Rubin received three grants of 423 RSUs each for service on boards of wholly-owned subsidiaries. The RSUs vest and convert into Trupanion common stock in four equal installments on specified quarterly dates, including May 22, 2026.
What does one-for-one RSU conversion mean for Trupanion (TRUP) insiders?
One-for-one RSU conversion means each restricted stock unit automatically becomes one share of common stock upon vesting. For Howard E. Rubin, three separate 106-unit RSU tranches converted into 106 shares each of Trupanion common stock on May 22, 2026, increasing his direct equity ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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