GALLAGHER JOHN R 4

What Happened John R. Gallagher, Chief Operating Officer of Trupanion, sold 3,603 shares of TRUP in an open-market transaction on May 28, 2026. The reported weighted-average sale price was $21.69 per share, for aggregate proceeds of about $78,153. This sale was executed under a pre-established Rule 10b5-1 trading plan, indicating the trades were prearranged for diversification and the insider had no discretion on timing.

Key Details

• Transaction date: 2026-05-28 (filed: 2026-06-01; filing appears timely within required Form 4 window)
• Price: weighted average $21.69; individual trades ranged from $21.220 to $22.085 per share
• Shares sold: 3,603; proceeds ≈ $78,153
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes: F1 — sale effected pursuant to a 10b5-1 plan adopted Aug 20, 2025 (no timing discretion). F2 — price shown is a weighted average; reporting person can provide per-trade price breakdown on request.

Context Sales made under 10b5-1 plans are common for executives seeking orderly diversification or liquidity and do not, by themselves, indicate a change in insider view of the company. For retail investors, purchases by insiders generally carry more informational weight than planned sales; this filing documents a routine, preplanned disposition.