Trupanion (TRUP) director's 1,640 RSUs vest, 4,923 still to come
Rhea-AI Filing Summary
TRUPANION, INC. (TRUP) director Bradley S. Powell reported the vesting and conversion of 1,640 Restricted Stock Units into common stock on a one-for-one basis. This RSU conversion resulted in an acquisition of 1,640 shares of common stock, bringing his directly held common stock to 3,546 shares, with 4,923 RSUs remaining outstanding that continue to vest through May 22, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,640 shares
Net Buy
2 txns
Insider
POWELL BRADLEY S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) F1, F2 | 1,640 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,640 | -- | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 4,923 shares (Direct);
Common Stock — 3,546 shares (Direct)
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On May 11, 2026 the reporting person was granted 6,563 restricted stock units (RSUs). The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on each of August 22, 2026, November 22, 2026, February 22, 2027, and May 22, 2027, subject to continued service through each vest date.
Key Figures
RSUs converted: 1,640 shares
Common stock acquired: 1,640 shares
Common stock holdings after transaction: 3,546 shares
+2 more
5 metrics
RSUs converted
1,640 shares
Restricted Stock Units converted into common stock on a one-for-one basis
Common stock acquired
1,640 shares
Shares of TRUP common stock received upon RSU conversion
Common stock holdings after transaction
3,546 shares
Directly held TRUP common stock following the RSU conversion
RSU holdings after transaction
4,923 RSUs
Remaining Restricted Stock Units after 1,640 RSUs vested and converted
Original RSU grant
6,563 RSUs
RSUs granted to Bradley S. Powell on May 11, 2026
Key Terms
Restricted Stock Unit (RSU), vesting, derivative security
3 terms
Restricted Stock Unit (RSU) financial
"Restricted Stock Unit (RSU) ... 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.
vesting financial
"The RSUs vest and convert into common stock ... on each of August 22, 2026"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did TRUP director Bradley S. Powell report on this Form 4 for TRUP?
Bradley S. Powell reported the vesting and conversion of 1,640 Restricted Stock Units (RSUs) into 1,640 shares of TRUP common stock, reflecting an RSU exercise/conversion rather than an open-market purchase or sale.
How many Restricted Stock Units remain for Bradley S. Powell after this TRUP transaction?
Following the conversion of 1,640 RSUs, Bradley S. Powell has 4,923 Restricted Stock Units remaining, according to the post-transaction derivative holdings reported.
What is the vesting schedule for Bradley S. Powell’s RSUs at TRUP?
Powell was granted 6,563 RSUs on May 11, 2026. They vest and convert into common stock in four equal installments on August 22, 2026; November 22, 2026; February 22, 2027; and May 22, 2027, subject to continued service through each vest date.
What is the conversion ratio of Bradley S. Powell’s RSUs into TRUP common stock?
Each Restricted Stock Unit converts into one share of TRUP common stock, on a one-for-one basis, as stated in the footnotes.
Was Bradley S. Powell’s TRUP Form 4 transaction under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed for these transactions, and no footnote states that they were executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
