TRUP CEO Margaret Tooth Form 4 shows RSU vesting activity
Rhea-AI Filing Summary
Trupanion, Inc. (TRUP) reported insider equity activity by CEO and director Margaret Tooth. On 11/24/2025, multiple restricted stock unit (RSU) awards vested and converted into common stock, including blocks of 312, 6,250, 3,042 and another 6,250 shares on a one-for-one basis. In connection with these vestings, the issuer withheld 122, 2,459, 1,197 and 2,459 shares at a price of $35.4 per share to cover tax obligations, which is reported as a disposition but not a sale by the insider. Following these transactions, Tooth directly beneficially owns 150,962 shares of Trupanion common stock and continues to hold several RSU awards that are scheduled to vest over future dates if service conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit (RSU) | 312 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 6,250 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 3,042 | $0.00 | -- |
| Exercise | Restricted Stock Unit (RSU) | 6,250 | $0.00 | -- |
| Exercise | Common Stock | 312 | $0.00 | -- |
| Tax Withholding | Common Stock | 122 | $35.40 | $4K |
| Exercise | Common Stock | 6,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,459 | $35.40 | $87K |
| Exercise | Common Stock | 3,042 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,197 | $35.40 | $42K |
| Exercise | Common Stock | 6,250 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,459 | $35.40 | $87K |
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 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, 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 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. 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.
FAQ
What did Trupanion (TRUP) disclose in this Form 4 filing?
The filing reports that CEO and director Margaret Tooth had several restricted stock unit (RSU) awards vest on 11/24/2025, converting into Trupanion common stock with related share withholding for taxes.
What RSU awards are described for the Trupanion (TRUP) CEO in this filing?
The filing describes RSU grants of 5,000 units on February 27, 2024, 50,000 units on the same date, 48,679 units on August 19, 2024, and another 50,000 units on February 27, 2025, each vesting in tranches over time, subject to continued service.
Were any of the Trupanion (TRUP) insider transactions open-market sales?
No. The filing states that the reported dispositions labeled with code F represent shares withheld by the issuer to satisfy income tax withholding and remittance obligations and do not represent a sale by the reporting person.
How do the Trupanion (TRUP) RSUs convert into common stock for the CEO?
The filing explains that restricted stock units convert into common stock on a one-for-one basis, with each award vesting in scheduled fractions (such as 1/4 or 1/8 initially, then quarterly 1/16 or 1/8) contingent on continued service through each vest date.