{"schema_version":"secwatch.filing_event.v1","accession":"0001371285-24-000116","form_type":"8-K","ticker":"TRUP","cik":"0001371285","company_name":"TRUPANION, INC.","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.129064+00:00","generated_at":"2026-06-03T00:13:20.004314+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Trupanion Q1 revenue +19% to $306M, net loss narrows; CEO Rawlings to step down, Tooth appointed","bullets":["Total revenue $306.1M (+19% YoY); subscription revenue $201.1M (+22% YoY) with enrolled pets up 11%.","Net loss $6.9M ($0.16 loss per share) vs $24.8M loss ($0.60) in Q1 2023; Adjusted EBITDA $4.8M vs -$4.9M.","Free cash flow -$0.6M vs -$12.0M; cash $275.2M; insurance surplus $256.7M vs RBC requirement of $153.3M.","Founder/CEO Darryl Rawlings to step down Aug 1, remains Chair; President Margi Tooth appointed CEO effective Aug 1, to join Board.","Rawlings enters consulting agreement for pet food program with $200k annual fee."],"urls":{"canonical":"https://secwatch.observer/filing/0001371285-24-000116","json":"https://secwatch.observer/filing/0001371285-24-000116.json","markdown":"https://secwatch.observer/filing/0001371285-24-000116.md","text":"https://secwatch.observer/filing/0001371285-24-000116.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1371285/000137128524000116/0001371285-24-000116-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1371285/000137128524000116/trup-20240430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:13:20.004314+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1eb6cf53a83d6fff3b240c9823e4afcc809dfc45","claim":"TRUPANION, INC. reported the first quarter ended March 31, 2024 results: revenue $306.1 million, net income $(6.9) million, or $(0.16) per basic and diluted share, EPS $(0.16) per basic and diluted share.","evidence_excerpt":"generation with the intention of gradually increasing our spending on growth as our margins expand.\" First Quarter 2024 Financial and Business Highlights • Total revenue was $306.1 million, an increase of 19% compared to the first quarter of 2023. • Total enrolled pets (including pets from our other business segment) was 1,708,017 at March 31, 2024, an increase of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1371285/000137128524000116/0001371285-24-000116-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$306.1 million"},{"label":"Net income","value":"$(6.9) million, or $(0.16) per basic and diluted share"},{"label":"EPS","value":"$(0.16) per basic and diluted share"},{"label":"Result","value":"reported results"}]},{"claim_id":"411099c6fb","claim":"Darryl Rawlings resigned as Chief Executive Officer at TRUPANION, INC..","evidence_excerpt":"submitted his resignation as CEO, effective August 1, 2024","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1371285/000137128524000116/0001371285-24-000116-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Chief Executive Officer"}]},{"claim_id":"edae445135","claim":"Margaret Tooth was appointed as Chief Executive Officer at TRUPANION, INC..","evidence_excerpt":"the Board appointed Margaret (\"Margi\") Tooth, the Company's President, as the CEO, to be effective as of August 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1371285/000137128524000116/0001371285-24-000116-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}