🟢 At a Glance:
Fawwad Qureshi, the Chief Financial Officer of pet insurance provider Trupanion, Inc. (NASDAQ: TRUP), sold 2,534 shares on May 29, 2025 at an average price of $48.31 per share. That totals about $122,400. The sale was made under a Rule 10b5-1 trading plan, meaning he didn’t just wake up and decide to sell. But in a year where Trupanion is trying to recover investor confidence, the timing still raises some whiskers.
🧾 What Exactly Happened?
A Form 4 was filed with the U.S. Securities and Exchange Commission (SEC) on June 2, 2025. Here’s what it said, minus the legalese:
| Field | Details |
|---|---|
| Filing Date | June 2, 2025 |
| Sale Date | May 29, 2025 |
| Executive | Fawwad Qureshi |
| Title | Chief Financial Officer (CFO) |
| Company | Trupanion, Inc. (NASDAQ: TRUP) |
| Shares Sold | 2,534 |
| Average Sale Price | $48.31 |
| Total Value | ~$122,400 |
| Shares Remaining | 3,545 |
| Ownership | Direct |
| Filed Under | Rule 10b5-1 |
So, Qureshi now holds 3,545 shares — not exactly a panic sell, but
definitely not “diamond hands.”
🐾 What Is Trupanion Anyway?
Trupanion isn’t your typical Wall Street animal. It’s a pet insurance provider headquartered in Seattle that’s built a strong niche over the years by making pet owners pay monthly premiums to prepare for the inevitable leg injury caused by an overly energetic labrador.
Their stock, TRUP, has had a rollercoaster 2024–2025 thanks to:
- Margin compression due to high vet inflation 🐕🦺
- Expansion into Canada and Europe 🌍
- And now… insider activity 🤔
📜 What Is a Rule 10b5-1 Plan?
Think of it as a “pre-scheduled selling cheat code” — totally legal and SEC-compliant.
- Executives set up a plan in advance to sell shares at specified
