Bassi Vinay 4

What Happened

• Vinay Bassi, Chief Financial Officer of TruBridge, was granted 12,698 restricted shares on April 8, 2026. The grant is reported on a Form 4 filed April 9, 2026, with an acquisition price recorded as $0. This is an award (grant), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-08; Form 4 filed: 2026-04-09 (timely filing).
• Shares granted: 12,698; reported acquisition price: $0.00.
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The restricted stock vests in three equal annual installments (one-third each) beginning on the first anniversary of the grant date.
• Exemption: The transaction is reported as exempt from Section 16(b) short-swing profit rules under Rule 16b-3(d).

Context

• Restricted stock grants typically vest over time and may be forfeited if employment ends before vesting; they are compensation awards rather than immediate purchases or sales. Because this is a standard equity compensation grant and not an open-market buy or sale, it should be viewed as a compensation event rather than a direct signal of the insider’s short-term view of the stock.