O'Keefe Amy K 4
4 · TruBridge, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) Director Amy O'Keefe Sells 7,561 Shares
What Happened
Director Amy K. O'Keefe disposed of 7,561 shares of TruBridge (TBRG) on July 9, 2026. The shares were cancelled and converted into a cash payment of $26.25 per share under a merger agreement, resulting in proceeds of $198,476 (before any applicable withholding taxes). This was a disposition to the issuer as part of the merger, not an open-market sale.
Key Details
- Transaction date: July 9, 2026; Form 4 filed July 10, 2026 (timely filing).
- Price: $26.25 per share.
- Shares disposed: 7,561; total cash value: $198,476 (subject to withholding).
- Transaction type: Disposition to the issuer (merger cash-out under the Merger Agreement).
- Footnotes: The Merger Agreement (effective July 9, 2026) caused each outstanding TruBridge common share to be cancelled and converted into the right to receive $26.25 in cash per share.
- Shares owned after transaction: not specified in the provided filing details.
Context
This action reflects the closing of a merger where TruBridge became a wholly owned subsidiary of the acquiror and outstanding shares were cashed out at the agreed merger price. Such merger-driven dispositions are routine and do not necessarily signal an insider's view on the company's future performance; they are settlements under the deal terms.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2]2026-07-09$26.25/sh−7,561$198,476→ 0 total
Footnotes (2)
- [F1]On July 9, 2026, pursuant to that certain Agreement and Plan of Merger, dated as of April 23, 2026 (the "Merger Agreement"), by and among TruBridge, Inc. (the "Issuer"), Inventurus Knowledge Solutions, Inc., a Delaware corporation ("Parent"), IKS Next Horizon, Inc., a Delaware corporation and wholly owned subsidiary of Parent ("Merger Sub"), and solely for certain limited purposes as specified therein, Inventurus Knowledge Solutions Limited, an Indian public limited company, Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent.
- [F2]At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement, each share of the Issuer's common stock, par value $0.001 per share, that was issued and outstanding immediately prior to the Effective Time (other than certain excluded shares) was cancelled and converted into the right to receive $26.25 per share in cash, without interest, and subject to any applicable withholding taxes.