Steve Weinrauch, EVP of North American and Veterinary Strategy at Trupanion (TRUP), has filed 60 Form 4 transactions, all in the single stock. The pattern is one-sided: zero open-market purchases, zero acquisitions for cash, and $149,097.50 in total sales. The only recent open-market sale came on June 5, 2026, when he sold $146,828 worth of TRUP shares. That transaction was paired with an option exercise valued at $131,410, which means the sale was largely a conversion of existing equity into cash rather than a fresh disposal of accumulated stock.
The rest of the filing history is dominated by mechanical events. Option exercises (code M) appear repeatedly with zero dollar values, and tax withholding sales (code F) accompany them. Those F transactions range from $196.74 on May 25, 2026, to $22,644.88 on August 22, 2026. They are automatic deductions to cover the exercise cost, not discretionary trades. A small $2,269.50 sale on February 25, 2026, also followed an option exercise, and the most recent filings on August 25, 2026, show only F and M codes, no open-market selling.
The recent direction is flat. Since the June sale, Weinrauch has filed no S-coded trades. The August activity consists of two option exercises and three tax withholding events, totaling roughly $14,871 in forced sales. That is consistent with routine vesting and comp management, not a directional bet. Over the full 60-transaction window, his only true market sale was the June disposal, and it was modest relative to his role. The absence of P-coded buys means he has not added shares at his own expense during this period, but the absence of recent S sales suggests he is not accelerating distributions either.
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