TOBIN GLENN 4

What Happened
Tobin Glenn, a director of TruBridge, disposed of 50,687 shares on July 9, 2026 for $26.25 per share, receiving $1,330,534 in cash. The disposition was made to the issuer pursuant to the Merger Agreement in which TruBridge was merged into the acquiring company and outstanding common shares were converted into cash.

Key Details

• Transaction date: July 9, 2026; Price: $26.25 per share. Total proceeds: $1,330,534.
• Transaction type: Disposition to the issuer (related to merger consideration), not an open-market sale.
• Shares owned after transaction: Issuer shares were cancelled at the effective time of the merger and converted into the right to receive cash; the filing reflects the cash-out under the Merger Agreement.
• Relevant footnotes: The sale occurred under the Agreement and Plan of Merger (dated April 23, 2026). Under that agreement, each outstanding TruBridge common share (other than excluded shares) was cancelled and converted into $26.25 in cash, subject to withholding.
• Filing timeliness: Form 4 filed July 10, 2026 (transaction reported for 7/9/2026); treated as a merger-related disposition rather than routine insider trading.

Context
This was a merger cash-out—shareholders’ stock was cancelled and converted to cash under the deal terms—so it reflects transaction mechanics of the acquisition rather than an individual trading decision. For retail investors, merger-related dispositions are generally routine and do not necessarily indicate the insider’s view of the company’s future operations.