Fawwad Qureshi - 26 Aug 2024 Form 4 Insider Report for TRUPANION, INC. (TRUP)

Signature
/s/ Christina Poler as attorney-in-fact for Fawwad Qureshi
Issuer symbol
TRUP
Transactions as of
26 Aug 2024
Net transactions value
-$29,041
Form type
4
Filing time
27 Aug 2024, 19:39:24 UTC
Previous filing
26 Aug 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TRUP Common Stock Sale $29,041 -624 -100% $46.54 0 26 Aug 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported is effected pursuant to a Rule 10b5-1 trading plan adopted by reporting person on May 17, 2024, in order to implement a plan of financial diversification. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.