TruBridge, Inc.·4

Jul 10, 10:47 AM ET

Anquillare Mark V 4

Research Summary

AI-generated summary

Updated

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.