TruBridge (TBRG) executive has 377 shares withheld for taxes on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TruBridge, Inc. executive David Harse, General Manager Patient Care, reported a small routine share disposition related to taxes. On the vesting of restricted stock, 377 shares of Common Stock were withheld to cover tax obligations, rather than sold on the open market. After this tax-withholding event, Harse directly holds 17,681 shares of TruBridge common stock, indicating that his overall ownership position remains largely unchanged.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harse David
Role
General Manager Patient Care
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 377 | $18.47 | $7K |
Holdings After Transaction:
Common Stock — 17,681 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did TruBridge (TBRG) report for David Harse?
TruBridge reported that executive David Harse had 377 shares of common stock withheld to cover taxes upon restricted stock vesting. This was recorded as a Form 4 tax-withholding disposition, not an open-market purchase or sale of TruBridge shares.
Was the TruBridge (TBRG) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. 377 shares were withheld by TruBridge to satisfy tax obligations tied to vesting restricted stock, according to the filing’s transaction code F and accompanying footnote.
What does transaction code F mean in the TruBridge (TBRG) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this TruBridge filing, 377 shares were withheld to cover taxes related to restricted stock vesting, rather than being sold in the open market for cash proceeds.
Is the TruBridge (TBRG) insider transaction a strong bullish or bearish signal?
The transaction appears neutral, reflecting routine tax withholding. Only 377 shares were disposed of to satisfy tax obligations on restricted stock vesting, while David Harse continues to hold 17,681 shares. Such administrative events typically carry limited signaling value for investors.