Canada Jerry G Jr. 4
4 · TruBridge, Inc. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) Director Jerry Canada Sells 4,376 Shares
What Happened
Jerry G. Canada, Jr., a director of TruBridge, disposed of 4,376 shares on July 9, 2026. The shares were converted to cash at $26.25 per share for a total of $114,870. The disposition was a conversion/cash-out to the issuer under a merger agreement, not an open-market sale.
Key Details
- Transaction date and price: July 9, 2026 — 4,376 shares at $26.25 per share (total $114,870).
- Transaction type: Disposition to issuer (code D) — shares cancelled/converted as part of the merger consideration.
- Shares owned after transaction: Not stated in this filing.
- Footnotes: F1 — Merger closed pursuant to the Merger Agreement (effective July 9, 2026). F2 — Each outstanding share (other than excluded shares) was cancelled and converted into the right to receive $26.25 in cash, without interest, subject to withholding.
- Filing timeliness: Form 4 was filed on July 10, 2026 for the July 9, 2026 transaction (timely under normal reporting rules).
Context
This was a merger-related cash-out (disposition to issuer) where outstanding common shares were converted into cash consideration. Such transactions are routine in a change-of-control context and reflect the deal terms rather than an individual insider’s open-market selling decision.
Insider Transaction Report
Form 4Exit
TruBridge, Inc.TBRG
Canada Jerry G Jr.
Director
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-07-09$26.25/sh−4,376$114,870→ 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