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Trupanion Executive Compensation (FY25)

TRUP · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 19, 2026Latest filing (8-K): June 15, 2026
10 filings cited on this page
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Trupanion brief$1,500Get the executive brief
212 figures on this page: 205 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Margaret Tooth
Latest say-on-pay support
=
June 10, 2026
Chief executive pay ratio
◇
To the median employee

More on Trupanion

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Margaret Tooth: $4,408,563 → $4,113,742 (6.7% lower)
Say-on-pay support: 97.8% → 98.3% (0.5 points higher)
CEO pay ratio: 50:1 → 41:1 (18.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Trupanion's chief executive and what were they paid?
Total compensation for Margaret Tooth, Chief Executive Officer, President, came to $4,113,742 in fiscal 2025. Compared with the $4,408,563 reported for fiscal 2024, Tooth's total was 6.7% lower.
What was Trupanion's say-on-pay result?
Shareholders supported the say-on-pay proposal with 98.3% of votes cast for or against in favor at the meeting held June 10, 2026 for fiscal 2025.
Which companies are in Trupanion's peer group?
The disclosed peer group names Central Garden & Pet Company, Freshpet, Inc., Greenlight Capital, Heritage Insurance Holding Inc. and IDEXX Laboratories, among others.
What is Trupanion's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 41:1, against median employee compensation of $101,692.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Fawwad Qureshi
Chief Financial Officer
◇—◇—◇—◇◇
Margaret Tooth
Chief Executive Officer, President
◇—◇—◇——◇
Steve Weinrauch
Chief Product & Veterinary Officer
◇—◇—◇——◇
John Gallagher
Chief Operating Officer
◇—◇—◇——◇
Wei Li
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Darryl Rawlings
Chief Executive Officer, Director, and Chairperson of the Board of Directors
◇—————◇◇
Andrew Wolff
Former Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Margaret Tooth
Chief Executive Officer, President
◇◇◇—◇——◇
Chris Kearns
Former Chief Legal Officer
Departed during or after this year
◇—◇—◇——◇
Darryl Rawlings
Former Chief Executive Officer
Departed during or after this year
◇◇——◇—◇◇
John Gallagher
Chief Operating Officer
◇—◇—◇——◇
Brenna McGibney
Chief Administrative Officer
◇—◇—◇—◇◇
Fawwad Qureshi
Chief Financial Officer
◇◇◇—◇—◇◇
Steve Weinrauch
Chief Product & Veterinary Officer
◇—◇—◇——◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Margaret Tooth
Chief Executive Officer, President
◇—◇—◇——◇
Fawwad Qureshi
Chief Financial Officer
◇—◇—◇——◇
John Gallagher
Chief Operating Officer
◇—◇—◇——◇
Steve Weinrauch
Chief Product & Veterinary Officer
◇—◇—◇——◇
Emily Dreyer
Chief Revenue Officer
◇—◇—◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Emily DreyerRSU◇——◇——◇
Emily DreyerRSU◇——◇——◇
Fawwad QureshiRSU◇——◇——◇
John GallagherRSU◇——◇——◇
Margi ToothRSU◇——◇——◇
Steve WeinrauchRSU◇——◇——◇
Fiscal 2023 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
John GallagherRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Emily DreyerRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Fawwad QureshiRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Margi ToothRSU◇◇——
Option◇—◇5/4/2027
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Steve WeinrauchRSU◇◇——
RSU◇◇——
Option◇—◇7/22/2026
RSU◇◇——
RSU◇◇——
Option◇—◇5/4/2027
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Margaret Tooth
Chief Executive Officer, President · Terms as described in the company’s compensation discussion · citing a 2025 filing
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Darryl Rawlings
Board chair
◇————◇◇
Paulette Dodson
◇◇————◇
Howard Rubin
◇◇————◇
Elizabeth McLaughlin
—◇————◇
Max Brodén
—◇————◇
Jacqueline Davidson
◇—————◇
Murray Low
Lead independent director
◇—————◇
Richard Enthoven
◇—————◇
Brad Powell
—◇————◇
Margaret Tooth served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Central Garden & Pet Company CENT
  • Freshpet, Inc. FRPT
  • Greenlight Capital GLRE
  • Heritage Insurance Holding Inc. HRTG
  • IDEXX Laboratories IDXX
  • Lemonade LMND
  • Phibro Animal Health Corporation PAHC
  • Proassurance Corporation PRA
  • RLI Corporation RLI
  • Root, Inc. ROOT
  • Safety Insurance Group SAFT
  • SelectQuote, Inc. SLQT
  • Skyward Specialty Insurance Group SKWD
  • Stewart Information Services Corp STC
  • Tiptree Inc. TIPT
  • Universal Insurance Holdings UVE

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=◇◇◇
2024June 11, 2025=◇◇◇
2023June 5, 2024=◇◇◇
2022June 7, 2023=◇◇◇
2021June 8, 2022=◇◇◇
2020June 16, 2021=◇◇◇
2019June 11, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Trupanion disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Trupanion sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
212 figures on this page: 205 cited to the filing that reported them, 7 calculated from figures it prints.
205 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001371285-26-000155
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001371285-26-000081
    2025 Non-Employee Director Compensation Table · Executive Compensation Tables · Grants of Plan-Based Awards · Non-Employee Director Compensation · and 3 more sections
  3. 0001371285-25-000177
  4. 0001193125-25-107140
    Compensation Discussion and Analysis · Summary Compensation Table
  5. 0001193125-24-157469
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001371285-24-000112
    Summary Compensation Table
  7. 0001371285-23-000186
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001371285-22-000155
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001371285-21-000183
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001371285-20-000131
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Trupanion executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/TRUP (accessed 2026).
Short form: data: Velarion

The paid brief for Trupanion

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Trupanion discloses

The companies named in TRUP's own disclosed peer group.

Central Garden & Pet CompanyFreshpet, Inc.Greenlight CapitalHeritage Insurance Holding Inc.IDEXX LaboratoriesLemonadeProassurance CorporationRLI CorporationRoot, Inc.Safety Insurance GroupSelectQuote, Inc.Skyward Specialty Insurance GroupStewart Information Services CorpTiptree Inc.Universal Insurance Holdings

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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