TruBridge (TBRG) CFO records share dispositions as company completes $26.25-per-share cash merger

Rhea-AI Filing Summary

TruBridge, Inc. Chief Financial Officer Vinay Bassi reported two dispositions of common stock on July 9, 2026 in connection with the closing of a merger in which TruBridge became a wholly owned subsidiary of Inventurus Knowledge Solutions, Inc. Under the merger agreement, each outstanding share of TruBridge common stock was cancelled and converted into the right to receive $26.25 per share in cash, while a portion of Bassi’s unvested restricted stock was forfeited at the merger’s effective time and the remaining unvested restricted stock accelerated and converted into the same cash consideration.

Insights

Corporate actions analyst

CFO’s reported share dispositions are mechanical effects of TruBridge’s cash merger.

The transactions show TruBridge, Inc. CFO Vinay Bassi disposing of common stock on July 9, 2026, coded as issuer dispositions tied to a completed merger. Each outstanding share was cancelled and converted into the right to receive $26.25 in cash.

Footnotes state part of Bassi’s unvested restricted stock was forfeited at the merger’s effective time, while the remaining unvested restricted stock accelerated and converted into the same cash consideration. These events reflect standard equity treatment in a change-of-control transaction rather than discretionary open-market trading, so the informational value for sentiment is limited.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Bassi Vinay

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	10,507	$0.00	--
Disposition	Common Stock	39,992	$26.25	$1.05M

Holdings After Transaction: Common Stock — 39,992 shares (Direct, null)

Footnotes (1)

1. 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. Represents the portion of the reporting person's unvested restricted stock that was forfeited at the effective time of the Merger (the "Effective Time") pursuant to the Merger Agreement. At 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 (the "Merger Consideration"). In addition, to the extent not forfeited pursuant to the Merger Agreement, each share of unvested restricted stock held by the reporting person immediately prior to the Effective Time was accelerated and converted into the right to receive the Merger Consideration pursuant to the Merger Agreement.

Key Figures

Disposition 1 shares: 39,992 shares Disposition 1 price: $26.25 per share Disposition 2 shares: 10,507 shares +4 more

7 metrics

Disposition 1 shares 39,992 shares Common stock disposed of on July 9, 2026, coded as disposition to issuer at $26.25 per share

Disposition 1 price $26.25 per share Cash amount per share received as Merger Consideration for cancelled common stock

Disposition 2 shares 10,507 shares Additional common stock disposition to issuer on July 9, 2026 with reported price per share $0.0000

Shares after first disposition 0 shares Total shares reported as owned following the first disposition transaction

Shares after second disposition 39,992 shares Total shares reported as owned following the second disposition transaction

Merger agreement date April 23, 2026 Date of the Agreement and Plan of Merger among TruBridge and Inventurus entities

Merger effective date July 9, 2026 Date Merger Sub merged with and into TruBridge, with TruBridge surviving

Key Terms

Agreement and Plan of Merger, Merger Consideration, Effective Time, wholly owned subsidiary

4 terms

Agreement and Plan of Merger regulatory

"pursuant to that certain Agreement and Plan of Merger, dated as of April 23, 2026"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Merger Consideration financial

"was cancelled and converted into the right to receive $26.25 per share in cash"

Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.

Effective Time regulatory

"forfeited at the effective time of the Merger (the "Effective Time") pursuant to the Merger Agreement"

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

wholly owned subsidiary financial

"with the Issuer surviving the Merger as a wholly owned subsidiary of Parent"

A wholly owned subsidiary is a company whose entire ownership is held by another company (the parent), so the parent controls decisions, operations, and finances. Think of it as a fully controlled branch that runs as its own legal entity but whose results flow straight into the parent’s financial statements; investors watch these structures because they affect consolidated revenue, risk exposure, and how profits, liabilities, and cash flow are allocated across the corporate group.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/10/2026 - 10:40 AM Accepted by SEC EDGAR 07/10/2026 - 10:40 AM Learn about SEC filing dates

FAQ

What insider transactions did TruBridge (TBRG) CFO Vinay Bassi report on July 9, 2026?

CFO Vinay Bassi reported two issuer-coded dispositions of TruBridge (TBRG) common stock on July 9, 2026. These were non-derivative transactions reflecting equity treatment at closing of the merger, not open-market purchases or sales.

How were TruBridge (TBRG) shares treated in the July 2026 merger?

Each share of TruBridge (TBRG) common stock outstanding immediately before the effective time was cancelled and converted into the right to receive $26.25 per share in cash, without interest and subject to applicable withholding taxes.

What happened to Vinay Bassi’s unvested restricted stock in the TruBridge (TBRG) merger?

A portion of the CFO’s unvested restricted stock was forfeited at the merger’s effective time. The remaining unvested restricted stock was accelerated and converted into the right to receive the same $26.25 per share cash consideration.

Were the TruBridge (TBRG) CFO’s reported Form 4 transactions open-market sales?

No. The transactions are coded “D” as dispositions to the issuer and are tied to the merger closing mechanics. They represent issuer-related cancellations and conversions, not discretionary open-market selling activity.

Who acquired TruBridge (TBRG) in the July 2026 merger?

TruBridge, Inc. became a wholly owned subsidiary of Inventurus Knowledge Solutions, Inc. pursuant to an Agreement and Plan of Merger dated April 23, 2026, with a merger subsidiary combining into TruBridge.

What is the Merger Consideration referenced in the TruBridge (TBRG) Form 4 footnotes?

The Merger Consideration is the right to receive $26.25 per share in cash for each cancelled TruBridge common share, without interest and subject to applicable withholding taxes, including for accelerated unvested restricted stock not forfeited.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bassi Vinay

(Last) (First) (Middle)

54 ST. EMANUEL STREET

(Street)

MOBILE ALABAMA 36602

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TruBridge, Inc. [ TBRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/09/2026(1)		D		10,507(2)	D	$0	39,992	D
Common Stock	07/09/2026(1)		D		39,992(3)	D	$26.25	0	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. Represents the portion of the reporting person's unvested restricted stock that was forfeited at the effective time of the Merger (the "Effective Time") pursuant to the Merger Agreement.

3. At 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 (the "Merger Consideration"). In addition, to the extent not forfeited pursuant to the Merger Agreement, each share of unvested restricted stock held by the reporting person immediately prior to the Effective Time was accelerated and converted into the right to receive the Merger Consideration pursuant to the Merger Agreement.

Remarks:

	/s/ Christopher L. Fowler, by power of attorney	07/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)