Trupanion (NASDAQ: TRUP) COO sells 431 shares in planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUPANION, INC. Chief Operating Officer John R. Gallagher executed an open-market sale of 431 shares of common stock at $27.47 per share. This transaction was carried out under a pre-arranged Rule 10b5-1 trading plan, meaning the timing was predetermined. Following the sale, Gallagher directly holds 31,526 shares of Trupanion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 431 shares ($11,840)
Net Sell
1 txn
Insider
GALLAGHER JOHN R
Role
Chief Operating Officer
Sold
431 shs ($12K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 431 | $27.47 | $12K |
Holdings After Transaction:
Common Stock — 31,526 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 431 shares
Sale price: $27.47 per share
Shares held after transaction: 31,526 shares
+1 more
4 metrics
Shares sold
431 shares
Open-market sale of common stock
Sale price
$27.47 per share
Price for the 431 sold shares
Shares held after transaction
31,526 shares
Directly owned by John R. Gallagher after sale
Net shares sold
431 shares
Net change in buy/sell activity reported
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale reported is effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did TRUPANION, INC. (TRUP) report for John R. Gallagher?
TRUPANION, INC. reported that Chief Operating Officer John R. Gallagher sold 431 shares of common stock. The shares were sold in an open-market transaction at $27.47 per share, as disclosed in a Form 4 insider trading report filed with regulators.
Was the TRUP insider sale by John R. Gallagher made under a Rule 10b5-1 plan?
Yes. The Form 4 footnote states the sale was effected under a Rule 10b5-1 trading plan. Such plans are pre-arranged programs that schedule trades in advance, so Gallagher had no discretion over the timing of this specific transaction.