TRUPANION (TRUP) CEO logs 65,497 RSU grant and tax share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUPANION, INC. CEO and director Margaret Tooth reported a series of equity compensation transactions. On February 20, 2026, she was granted 65,497 restricted stock units (RSUs) at $0.00 per unit, which will vest in installments beginning May 22, 2026, subject to continued service.
On February 22, 2026, multiple RSU tranches were exercised and converted into common stock, and corresponding common stock entries show acquisitions at $0.00 per share reflecting those conversions. Separate entries report dispositions of common stock at $27.16 per share to satisfy income tax withholding obligations, and the footnotes clarify these withholdings do not represent sales by Tooth.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,855 shares exercised/converted
Mixed
13 txns
Insider
Tooth Margaret
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 6,250 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 313 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 6,250 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 3,042 | $0.00 | -- |
| Exercise | Common Stock | 6,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,707 | $27.16 | $46K |
| Exercise | Common Stock | 313 | $0.00 | -- |
| Tax Withholding | Common Stock | 92 | $27.16 | $2K |
| Exercise | Common Stock | 6,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,521 | $27.16 | $41K |
| Exercise | Common Stock | 3,042 | $0.00 | -- |
| Tax Withholding | Common Stock | 740 | $27.16 | $20K |
| Grant/Award | Restricted Stock Unit (RSU) | 65,497 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 0 shares (Direct);
Common Stock — 156,544 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. 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. 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. On February 27, 2024, 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, 2024, after which 1/8th of the total shares vest quarterly, subject to continued service through each vest date. 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. 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. 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.
FAQ
What equity awards did TRUP CEO Margaret Tooth report in this Form 4 for TRUP?
Margaret Tooth reported a grant of 65,497 restricted stock units (RSUs) on February 20, 2026 at $0.00 per unit. The RSUs vest in eighths starting May 22, 2026, then continue vesting quarterly, subject to her continued service.
How do the new RSUs for TRUP’s CEO vest over time?
The 65,497 RSUs granted on February 20, 2026 vest as to 1/8 of the total shares on May 22, 2026. Thereafter, an additional 1/8 vests quarterly, conditioned on continued service through each vesting date.
Were any of Margaret Tooth’s reported TRUP stock dispositions open-market sales?
The reported dispositions at $27.16 per share are described as shares withheld to cover income tax withholding and remittance obligations upon RSU vesting. A footnote states these entries do not represent a sale by the reporting person.
What RSU-to-common-stock conversion rate is disclosed for TRUP awards?
The footnotes state that restricted stock units convert into common stock on a one-for-one basis. This means each vested RSU automatically converts into one share of TRUPANION, INC. common stock when it vests, subject to the applicable award terms.
What earlier RSU grants to TRUP’s CEO are referenced in this Form 4?
Footnotes reference prior grants of 50,000 RSUs and 5,000 RSUs on February 27, 2024, 50,000 RSUs on February 27, 2025, and 48,679 RSUs on August 19, 2024. Each has its own vesting schedule tied to specified future vesting dates.
Does this TRUP Form 4 show direct or indirect ownership for Margaret Tooth?
All transactions in the provided data are marked as direct ownership with the code “D.” There is no indication of indirect ownership through entities or family members in these specific entries, based on the ownership_type and nature_of_ownership fields.