Trupanion (TRUP) CAO receives 21,212 RSUs and covers tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TRUPANION, INC. Chief Administration Officer Brenna McGibney reported equity compensation activity, including a new award and vesting of existing restricted stock units. On February 20, 2026, she received a grant of 21,212 restricted stock units (RSUs) that will vest in eighths starting May 22, 2026, then quarterly.
On February 22, 2026, multiple RSU tranches vested and converted into common stock on a one-for-one basis, increasing her direct common stock holdings through derivative exercises. On the same date, 699, 724, and 1,007 common shares were withheld at $27.16 per share to satisfy tax obligations, which the disclosure states does not represent a sale by the reporting person. After these transactions, she directly held 8,150 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,486 shares exercised/converted
Mixed
10 txns
Insider
MCGIBNEY BRENNA
Role
Chief Administration Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 1,250 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 1,354 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 1,882 | $0.00 | -- |
| Exercise | Common Stock | 1,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 699 | $27.16 | $19K |
| Exercise | Common Stock | 1,354 | $0.00 | -- |
| Tax Withholding | Common Stock | 724 | $27.16 | $20K |
| Exercise | Common Stock | 1,882 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,007 | $27.16 | $27K |
| Grant/Award | Restricted Stock Unit (RSU) | 21,212 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit (RSU) — 10,000 shares (Direct);
Common Stock — 7,344 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 21,212 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 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 February 25, 2025, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date. On February 27, 2024, the reporting person was granted 10,829 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, 2025, the reporting person was granted 15,053 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.
FAQ
What insider transactions did TRUP Chief Administration Officer Brenna McGibney report on this Form 4?
Brenna McGibney reported multiple equity compensation events, including RSU vesting and related share issuances, plus shares withheld for taxes. The filing details derivative exercises converting RSUs into common stock and tax-withholding dispositions tied to those vesting events on February 22, 2026.
How many restricted stock units were granted to TRUP’s Brenna McGibney in February 2026?
On February 20, 2026, Brenna McGibney was granted 21,212 restricted stock units. According to the disclosure, one-eighth of these RSUs vest on May 22, 2026, with an additional one-eighth vesting quarterly thereafter, subject to her continued service through each vesting date.
How do Brenna McGibney’s new RSUs at Trupanion (TRUP) vest over time?
The 21,212 RSUs granted February 20, 2026 vest as to one-eighth of the total on May 22, 2026. After that initial vest, another one-eighth of the RSUs vests quarterly, provided she continues to serve through each subsequent vesting date specified in the award terms.