Statement of Changes in Beneficial Ownership (Form 4)

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * RUBIN HOWARD E 2. Issuer Name and Ticker or Trading Symbol TRUPANION, INC. [TRUP] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O TRUPANION, INC., 6100 4TH AVENUE SOUTH, SUITE 200 3. Date of Earliest Transaction (Month/Day/Year) 02/27/2025 (Street) SEATTLE, WA 98108 4. If Amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/27/2025 M 81 A (1) 231,354 D Common Stock 02/27/2025 M 81 A (1) 231,435 D Common Stock 05/22/2025 M 82 A (1) 231,517 D Common Stock 05/22/2025 M 82 A (1) 231,599 D Common Stock 08/22/2025 M 105 A (1) 231,704 D Common Stock 08/22/2025 M 105 A (1) 231,809 D Common Stock 08/22/2025 M 105 A (1) 231,914 D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit (RSU)	(1)	02/27/2025		A		163		(2)	(2)	Common Stock	163	$ 0	163	D
Restricted Stock Unit (RSU)	(1)	02/27/2025		A		163		(2)	(2)	Common Stock	163	$ 0	163	D
Restricted Stock Unit (RSU)	(1)	02/27/2025		M			81	(2)	(2)	Common Stock	81	$ 0	82	D
Restricted Stock Unit (RSU)	(1)	02/27/2025		M			81	(2)	(2)	Common Stock	81	$ 0	82	D
Restricted Stock Unit (RSU)	(1)	05/22/2025		M			82	(2)	(2)	Common Stock	82	$ 0	0	D
Restricted Stock Unit (RSU)	(1)	05/22/2025		M			82	(2)	(2)	Common Stock	82	$ 0	0	D
Restricted Stock Unit (RSU)	(1)	08/22/2025		M			105	(3)	(3)	Common Stock	105	$ 0	318	D
Restricted Stock Unit (RSU)	(1)	08/22/2025		M			105	(3)	(3)	Common Stock	105	$ 0	318	D
Restricted Stock Unit (RSU)	(1)	08/22/2025		M			105	(3)	(3)	Common Stock	105	$ 0	318	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
RUBIN HOWARD E C/O TRUPANION, INC. 6100 4TH AVENUE SOUTH, SUITE 200 SEATTLE, WA 98108	X

Signatures

/s/ Christina Poler as attorney-in-fact for Howard E. Rubin		09/12/2025
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Restricted stock units convert into common stock on a one-for-one basis.
(2)	On February 27, 2025, the reporting person received two separate grants of 163 restricted stock units (RSUs) each in connection with his service on the board of directors of wholly-owned subsidiaries of the Issuer. 50% of the RSUs vested immediately upon grant. The remaining 50% of the RSUs vested and converted into common stock of the Issuer on May 22, 2025.
(3)	On May 9, 2025, the reporting person received three separate grants of 423 RSUs each in connection with his service on the board of directors of wholly-owned subsidiaries of the Issuer. The RSUs vest and convert into common stock of the Issuer as to 1/4th of the total shares on each of August 22, 2025, November 22, 2025, February 22, 2026, and May 22, 2026, subject to continued service through each vest date.

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