Anquillare Mark V 4
4 · TruBridge, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) Director Mark V Anquillare Sells 21,554 Shares
What Happened
- Mark V Anquillare, a director of TruBridge, disposed of 21,554 shares on July 9, 2026. The shares were converted into cash at $26.25 per share under the merger agreement, resulting in $565,793 in proceeds (before any applicable withholding).
- This was a disposition tied to the company’s merger (not an open-market sale), where outstanding TruBridge shares were cancelled and converted into a cash payment.
Key Details
- Transaction date and price: July 9, 2026 — 21,554 shares at $26.25 per share.
- Transaction type/code: Disposition to issuer (D) — shares cancelled/converted under the Merger Agreement.
- Proceeds: $565,793 (gross), subject to any applicable withholding taxes per filing footnote.
- Shares owned after transaction: The filing notes that at the effective time of the merger, outstanding shares were cancelled and converted to cash. The filing does not report retained TruBridge common shares following the merger.
- Filing timeliness: Reported on July 10, 2026 for a July 9, 2026 transaction — appears timely.
Context
- This action reflects the cash-out mechanics of a merger (each outstanding share converted to $26.25 in cash). Such dispositions are contractual merger outcomes and are not the same signal as an insider selling shares on the open market.
Insider Transaction Report
Form 4Exit
TruBridge, Inc.TBRG
Anquillare Mark V
Director
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-07-09$26.25/sh−21,554$565,793→ 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.
Signature
/s/ Christopher L. Fowler, by power of attorney|2026-07-10