TruBridge, Inc.·4

Jul 10, 10:45 AM ET

Canada Jerry G Jr. 4

Research Summary

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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.