TruBridge, Inc.·4

Jul 10, 10:40 AM ET

Bassi Vinay 4

Research Summary

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TruBridge (TBRG) CFO Vinay Bassi Sells 39,992 Shares for $1.05M

What Happened
Vinay Bassi, CFO of TruBridge, disposed of a total of 50,499 TruBridge shares on July 9, 2026 in connection with the company’s merger. Of those, 39,992 shares were converted to cash at $26.25 per share for total proceeds of $1,049,790. An additional 10,507 shares (unvested restricted stock) were forfeited and reported as disposed with $0 proceeds under the merger agreement.

Key Details

  • Transaction date: July 9, 2026 (reported on Form 4 filed July 10, 2026 — timely).
  • Prices and values: 39,992 shares at $26.25 = $1,049,790; 10,507 shares at $0 = forfeiture.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: Transactions occurred under the Agreement and Plan of Merger (F1). The 10,507 shares represent forfeited unvested restricted stock (F2). Each outstanding common share (other than excluded shares) was converted into the right to receive $26.25 in cash per share (F3).
  • Transaction type: Disposition pursuant to merger consideration (not an open-market sale).

Context
These dispositions were a mechanical result of TruBridge being acquired and each outstanding share being converted into merger consideration of $26.25 per share. The $0 line reflects forfeiture of unvested restricted stock under the merger agreement, while the cash payment reflects accelerated conversion/closing payment — not a voluntary market sale by the insider.