DYE DAVID A 4
4 · TruBridge, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) Director David Dye Forfeits and Withholds 10,932 Shares
What Happened
David A. Dye, a director of TruBridge, reported disposals related to restricted stock: 9,516 unvested shares were forfeited to the company (disposed at $0) and 1,416 shares were withheld to cover tax liabilities (disposed at $18.47 each, total ~$26,154). The forfeiture was tied to the termination of his employment as an officer under a severance agreement.
Key Details
- Transactions reported in Form 4 filed 2026-03-11:
- 2024-12-31: Disposition to issuer (forfeiture) — 9,516 shares @ $0.00; value $0. (Footnote F1)
- 2026-03-09: Payment of exercise price or tax liability (share withholding) — 1,416 shares @ $18.47; value $26,154. (Footnote F2)
- Total shares reduced: 10,932 (9,516 forfeited + 1,416 withheld).
- Shares owned after the transactions are not specified in the filing.
- Footnotes:
- F1: Forfeiture of unvested restricted stock upon termination per severance agreement.
- F2: Withholding of shares to satisfy tax withholding on vesting.
- Filing timing: The Form 4 was filed on 2026-03-11; the 12/31/2024 forfeiture was reported well after that transaction date, indicating a delayed report.
Context
These were not open-market sales; the 9,516-share entry is a forfeiture of unvested awards and the 1,416-share entry is a routine tax-withholding (company retained shares to cover taxes on vested awards). Such administrative transactions typically reflect employment/compensation changes rather than a director actively selling shares on the market.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2024-12-31−9,516→ 89,129 total - Tax Payment
Common Stock
[F2]2026-03-09$18.47/sh−1,416$26,154→ 87,713 total
- 46,800(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents unvested restricted stock that was forfeited upon the termination of the Reporting Person's employment as an officer of the Company, pursuant to the Reporting Person's severance agreement.
- [F2]Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.