Daughton Michael 4
4 · TruBridge, Inc. · Filed Apr 9, 2026
Research Summary
AI-generated summary of this filing
TruBridge (TBRG) CBO Michael Daughton Receives Award — 10,572 Shares
What Happened
Michael Daughton, Chief Business Officer of TruBridge, Inc. (TBRG), received a grant/award of 10,572 restricted shares on April 8, 2026. The shares were issued at $0.00 (transaction code A — award/grant), so the reported acquisition value on Form 4 is $0. This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-08; Form 4 filed: 2026-04-09 (timely filing).
- Transaction type/code: Award/Grant (A); price reported: $0.00; shares acquired: 10,572.
- Vesting: Grant vests in three annual installments of one-third each, beginning on the first anniversary of the grant (per footnote).
- Exemption: Transaction is reported as exempt from Section 16(b) under Rule 16b-3(d).
- Shares owned after the transaction: Not specified in the filing.
Context
Restricted stock grants like this are a common form of executive compensation and are typically used for retention and alignment with shareholders. Because the award vests over time, it does not represent an immediate market purchase or sale and should be viewed as part of compensation rather than a direct bullish or bearish trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-08+10,572→ 68,064 total
Footnotes (1)
- [F1]Represents a grant of restricted stock that vests in three annual installments of one-third each beginning on the first anniversary of the grant date. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.