Murray B. Low - 09 Jan 2026 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Role: Director
Signature: /s/ Christina Poler as attorney-in-fact for Murray B. Low
Issuer symbol: TRUP
Transactions as of: 09 Jan 2026
Net transactions value: +$198,935
Form type: 4
Filing time: 12 Jan 2026, 20:44:15 UTC
Previous filing: 06 Jan 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LOW MURRAY B	Director	C/O TRUPANION, INC., 6100 4TH AVENUE SOUTH, SUITE 200, SEATTLE	/s/ Christina Poler as attorney-in-fact for Murray B. Low	12 Jan 2026	0001231933

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRUP	Common Stock	Options Exercise	$198,935	+23,213	+18%	$8.57	154,534	09 Jan 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TRUP	Stock Option (right to buy)	Options Exercise	$0	-23,213	-100%	$0.000000	0	09 Jan 2026	Common Stock	23,213	$8.57	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This stock option is fully vested and was exercised in a cash transaction before expiring on February 5, 2026. No shares were sold as part of this transaction.