Dodson Paulette R. 4

What Happened

• Paulette R. Dodson, a director of Trupanion, Inc. (TRUP), was granted 4,031 restricted stock units (RSUs) on May 11, 2026. The award is reported as a derivative acquisition at $0.00 per share (a grant rather than a cash purchase). The RSUs convert into common stock on a one-for-one basis when they vest.

Key Details

• Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (timely filing).
• Grant amount: 4,031 RSUs; reported acquisition price $0.00 (award).
• Vesting schedule: 1/4th of the RSUs vest on each of Aug 22, 2026; Nov 22, 2026; Feb 22, 2027; and May 22, 2027, subject to continued service through each vest date. (Footnote)
• Settlement election: The reporting person elected deferred settlement — the award will not settle until 60 days after death, disability, or separation from service, or immediately upon a change of control. (Footnote)
• Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context

• This was a grant of RSUs (an award), not an open-market purchase or sale. RSU grants are compensatory and do not necessarily indicate near-term buying or selling activity; value is realized only as RSUs vest and convert to stock. The award is subject to service-based vesting and a deferred settlement election, which can delay receipt of shares.