TRUPANION, INC.·4

May 27, 9:41 PM ET

WEINRAUCH STEVE 4

4 · TRUPANION, INC. · Filed May 27, 2026

Research Summary

AI-generated summary of this filing

Updated

Trupanion (TRUP) EVP Steve Weinrauch Receives RSUs; Shares Withheld

What Happened

  • Steve Weinrauch, EVP, North America & Vet Strategy at Trupanion (TRUP), had restricted stock units (RSUs) vest and convert into 4,857 shares of common stock on May 22 and May 25, 2026. The conversions are reported as derivative exercises (code M) and reflect one-for-one RSU-to-stock conversions.
  • To satisfy tax withholding obligations (code F), the issuer withheld 1,180 shares (713 + 373 on May 22; 9 + 85 on May 25) at prices of $21.98 (May 22) and $21.86 (May 25), collectively valued at about $25,926. After withholding, Weinrauch received net ~3,677 shares.
  • These were vesting-related conversions and tax withholdings (routine), not open-market sales by the reporting person.

Key Details

  • Transaction dates: May 22, 2026 and May 25, 2026.
  • Shares converted (vested): 2,932 + 1,532 + 40 + 353 = 4,857 shares (total).
  • Shares withheld for taxes: 713 + 373 + 9 + 85 = 1,180 shares; withholding prices $21.98 (May 22) and $21.86 (May 25); total withholding ≈ $25,926.
  • Net shares issued to insider after withholding: ~3,677 shares.
  • Relevant footnotes/grants:
    • Feb 27, 2025 grant of 23,453 RSUs: 1/8th vesting yielded 2,932 shares (F3).
    • Feb 20, 2026 grant of 12,260 RSUs: 1/8th vesting yielded 1,532 shares (F4).
    • Feb 27, 2023 grant of 649 RSUs: quarterly vesting yielded 40 shares (F5).
    • Aug 14, 2023 grant of 5,655 RSUs: quarterly vesting yielded 353 shares (F6).
  • Transaction codes: M = RSU conversion/exercise; F = shares withheld to satisfy tax withholding. The filing does not indicate a market sale by Weinrauch; the withheld shares were remitted by the issuer.
  • Shares owned after the transactions are not stated in the provided filing excerpt.

Context

  • This filing documents routine RSU vesting and issuer tax withholding (a cashless-like settlement), not insider selling or open-market purchases. Such withholdings are standard when RSUs convert to stock and do not necessarily indicate a change in insider sentiment.
  • The derivatives are RSU conversions (no exercise price was paid), consistent with one-for-one conversion footnote.

Insider Transaction Report

Form 4
Period: 2026-05-22
WEINRAUCH STEVE
EVP, North Am & Vet Strategy
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-22+2,93275,491 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-22$21.98/sh713$15,67274,778 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-22+1,53276,310 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-22$21.98/sh373$8,19975,937 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-25+4075,977 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-25$21.86/sh9$19775,968 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-25+35376,321 total
  • Tax Payment

    Common Stock

    [F2]
    2026-05-25$21.86/sh85$1,85876,236 total
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    [F1][F3]
    2026-05-222,9328,795 total
    Exp: 2027-02-22Common Stock (2,932 underlying)
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    [F1][F4]
    2026-05-221,53210,728 total
    Exp: 2028-02-22Common Stock (1,532 underlying)
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    [F1][F5]
    2026-05-2540122 total
    Exp: 2027-02-25Common Stock (40 underlying)
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    [F1][F6]
    2026-05-253531,768 total
    Exp: 2027-08-25Common Stock (353 underlying)
Footnotes (6)
  • [F1]Restricted stock units convert into common stock on a one-for-one basis.
  • [F2]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.
  • [F3]On February 27, 2025, the reporting person was granted 23,453 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.
  • [F4]On February 20, 2026, the reporting person was granted 12,260 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.
  • [F5]On February 27, 2023, the reporting person was granted 649 restricted stock units (RSUs). The RSUs vested and converted into common stock of the Issuer as to 1/4th of the total shares on February 25, 2024, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
  • [F6]On August 14, 2023, the reporting person was granted 5,655 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 25, 2024, after which 1/16th of the total shares vest quarterly, subject to continued service through each vest date.
Signature
/s/ Lauren Welsh as attorney-in-fact for Steve Weinrauch|2026-05-27

Documents

1 file
  • 4
    wk-form4_1779932463.xmlPrimary

    FORM 4