TruBridge, Inc.·4

Jul 10, 10:44 AM ET

HJELM CHRISTOPHER T 4

Research Summary

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TruBridge (TBRG) Director Christopher T. Hjelm Sells 31,591 Shares

What Happened
Christopher T. Hjelm, a director of TruBridge, Inc. (TBRG), disposed of 31,591 shares to the issuer on July 9, 2026 at $26.25 per share, for gross proceeds of $829,264. This was a merger-related cash-out (shares converted to cash), not an open-market sale.

Key Details

  • Transaction date and price: July 9, 2026 — 31,591 shares at $26.25/share.
  • Proceeds: $829,264 (gross); subject to any applicable withholding taxes per the merger terms.
  • Shares after transaction: The disposed shares were cancelled and converted into cash at the Effective Time of the merger (ownership of those shares was eliminated).
  • Notable footnotes: (F1) The disposal occurred pursuant to the Agreement and Plan of Merger dated April 23, 2026; (F2) each outstanding share was cancelled and converted into the right to receive $26.25 in cash.
  • Filing timeliness: No late-filing indication was provided in the materials you supplied.

Context
This was a contractual merger cash-out (Inventurus Knowledge Solutions Limited merged with TruBridge, with TruBridge surviving as a wholly owned subsidiary), so the transaction reflects conversion of outstanding shares into cash under the merger agreement rather than a voluntary market sale by the insider. Such merger-related dispositions generally reflect deal terms, not an insider's trading intent.