TruBridge (TBRG) officer logs stock dispositions as $26.25-per-share cash merger closes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TruBridge, Inc. executive Wilson Merideth, Financial Health GM, reported two dispositions of common stock in connection with the closing of a cash merger. On July 9, 2026, pursuant to a Merger Agreement under which TruBridge became a wholly owned subsidiary of Inventurus Knowledge Solutions, each share of TruBridge common stock was cancelled and converted into the right to receive $26.25 per share in cash. Merideth disposed of 7,734 shares at $26.25 per share in an issuer disposition, and a further 4,308 unvested restricted shares were forfeited at the merger’s effective time under the Merger Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wilson Merideth
Role
Financial Health GM
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 4,308 | $0.00 | -- |
| Disposition | Common Stock | 7,734 | $26.25 | $203K |
Holdings After Transaction:
Common Stock — 7,734 shares (Direct, null)
Footnotes (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
Issuer disposition shares: 7,734 shares
Disposition price: $26.25 per share
Forfeited unvested restricted shares: 4,308 shares
+1 more
4 metrics
Issuer disposition shares
7,734 shares
Common stock disposed of at $26.25 per share in issuer disposition on July 9, 2026
Disposition price
$26.25 per share
Cash Merger Consideration for each cancelled common share at the effective time
Forfeited unvested restricted shares
4,308 shares
Portion of unvested restricted stock forfeited at the effective time of the merger
Transaction date
July 9, 2026
Date on which the merger closed and issuer dispositions were recorded
Key Terms
Agreement and Plan of Merger, Merger Consideration, Effective Time
3 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
"converted into the right to receive $26.25 per share in cash ... (the "Merger Consideration")"
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.
FAQ
What insider transaction did Wilson Merideth report for TBRG?
Wilson Merideth reported two issuer dispositions of TruBridge, Inc. common stock on July 9, 2026, totaling 7,734 shares at $26.25 per share and 4,308 forfeited unvested restricted shares under a merger agreement.
How did the merger affect Wilson Merideth’s unvested restricted TruBridge (TBRG) stock?
A portion of Wilson Merideth’s unvested restricted stock was forfeited at the merger’s effective time under the Merger Agreement, resulting in a 4,308-share issuer disposition recorded at a transaction price of $0.00 per share.
What role does Wilson Merideth hold at TruBridge (TBRG)?
Wilson Merideth is identified as an officer of TruBridge, Inc., serving as Financial Health GM. His Form 4 reports issuer-related stock dispositions tied to the completion of the company’s merger transaction.