TruBridge counsel covers taxes with share withholding
TruBridge, Inc. General Counsel Kevin Plessner reported routine tax-related share withholdings tied to restricted stock vesting.
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Rhea-AI Filing Summary
TruBridge, Inc. General Counsel Kevin Plessner reported routine tax-related share withholdings tied to restricted stock vesting. On March 13, 2026, 340 shares of common stock were withheld at $17.31 per share, and on March 16, 2026, 825 shares were withheld at $17.59 per share.
Both transactions are coded as tax-withholding dispositions rather than open-market sales. After these events, Plessner directly owns 12,012 shares of TruBridge common stock. The activity reflects payment of tax obligations on equity compensation rather than a change in investment stance.
Insights
Routine tax withholding on vested stock; no open‑market selling signal.
The transactions show Kevin Plessner, General Counsel of TruBridge, Inc., settling tax obligations on restricted stock vesting. Form 4 codes these as F transactions, which the footnote confirms are share withholdings for taxes, not discretionary market sales.
Across March 13–16, 2026, a total of 1,165 shares of common stock were withheld at prices between $17.31 and $17.59. Following the withholdings, Plessner directly holds 12,012 shares, indicating he retains a meaningful equity stake. Such compensation-driven dispositions typically carry limited informational value about management’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 825 | $17.59 | $15K |
| Exercise Price or Tax Liability | Common Stock | 340 | $17.31 | $6K |
Footnotes (1)
- F1. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.
FAQ
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What insider transactions did TruBridge (TBRG) report for Kevin Plessner?
Were the TruBridge (TBRG) insider transactions open-market sales?
What does transaction code F mean in the TruBridge (TBRG) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.