4Filed Aug 25, 8:00 PM ET

TRUPANION EVP Steve Weinrauch Receives RSUs; Withholds Shares for Taxes

$TRUP · TRUPANION, INC.

Research Summary

AI-generated summary of this SEC filing

Updated

TRUPANION EVP Steve Weinrauch Receives RSUs; Withholds Shares for Taxes

What Happened

  • Steve Weinrauch, EVP, North America & Veterinary Strategy at Trupanion (TRUP), had restricted stock units (RSUs) convert into common stock on August 22 and August 25, 2026. A total of 4,859 shares were converted (4,464 on 8/22 and 395 on 8/25). To satisfy tax withholding, the issuer withheld 1,181 shares (713 + 373 + 9 + 86) with a cash value of about $37,516. These were withholding transactions, not open-market sales.

Key Details

  • Transaction dates: August 22, 2026 and August 25, 2026.
  • Converted (acquired) shares: 4,859 total (2,931 + 1,533 + 41 + 354).
  • Shares withheld for taxes (disposed per Form 4 F codes): 1,181 total; cash value reported ≈ $37,516 (713 @ $31.76 = $22,645; 373 @ $31.76 = $11,846; 9 @ $31.84 = $287; 86 @ $31.84 = $2,738).
  • Transaction codes: M = exercise/conversion of derivative (here, RSU conversion); F = payment of exercise price or tax liability (share withholding to cover taxes).
  • Shares owned after the transactions: not specified in the provided filing.
  • Filing timeliness: Form filed 2026-08-26 for transactions on 8/22 and 8/25 — filing is marked late (L) in the submission.

Context

  • Footnotes clarify that RSUs convert one-for-one into common stock and that the withheld shares were to satisfy income tax withholding and do not represent a sale by the reporting person (F1, F2). The converted RSUs relate to earlier grants with standard vesting schedules (grants listed in footnotes F3–F6). This was a routine vesting/conversion event with shares withheld for taxes (a cashless-type settlement), not a market sell or new purchase.