Author Topic: TRUP - Trupanion  (Read 18298 times)


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Re: TRUP - Trupanion
« Reply #60 on: January 29, 2019, 01:16:29 PM »
Whatís the explanation for the seemingly hurried pace of insider sales? The CEO alone has sold ~$1.55M shares and so does everyone else.

FWIW, I bought a small position early Jan and flipped it for a quick buck, so I donít own it right now. I would be reluctant to own this with this amount if insider sales even during the YE decline.
Insider ownership has been coming down over the years, which could mean many things.
Founding capital which includes RenRe and an entity funded by Howard Schultz {yeah, that one} have decreased their ownership over the same period.

As for the CEO, as of Jan 16 2018, he held 1,386M shares. During the year (november), he exercised about 0,545M options and sold some in what seems to be tax related reasons, has continued to sell smaller amounts as part of an automatic program and, as of Jan 22 2019, still holds 1,555M shares.

There is noise around the company but FWIW I don't see a hurried pace towards the exit


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Re: TRUP - Trupanion
« Reply #61 on: January 31, 2019, 01:47:05 AM »
A lot of executives regularly sell all the related shares when their options expire. Rawlings instead elected to keep 60% of the resulting stock and only sold the rest. That doesn't seem particularly concerning to me. It would concern me a lot though if he simply had sold a lot of shares that didn't come from expiring options.