Benjamin Regina M. 4
4 · TruBridge, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) Director Benjamin Regina M. Sells 38,687 Shares
What Happened
Benjamin Regina M., a director of TruBridge, reported a disposition of 38,687 shares on July 9, 2026. The shares were converted to cash at $26.25 per share for total consideration of $1,015,534. The transaction is described as a disposition to the issuer under the closing of a merger.
Key Details
- Transaction date: 2026-07-09; Filing date: 2026-07-10 (timely filing).
- Transaction type/code: Disposition to issuer (D) — conversion/cash-out in connection with a merger.
- Price per share: $26.25; Total proceeds: $1,015,534.
- Shares owned after transaction: not specified in the provided excerpt; the reported shares were cancelled/converted under the merger.
- Footnotes: Merger Agreement dated April 23, 2026; at the Effective Time each outstanding TruBridge share (other than certain excluded shares) was cancelled and converted into $26.25 in cash without interest and subject to any applicable withholding taxes.
Context
This was not an open-market sale but a corporate-event disposition: Merger consideration converted outstanding shares into cash. Such cash-outs reflect the terms of the merger rather than an individual insider decision to sell on the market.
Insider Transaction Report
Form 4Exit
TruBridge, Inc.TBRG
Benjamin Regina M.
Director
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-07-09$26.25/sh−38,687$1,015,534→ 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