[Form 4] TruBridge, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Daughton Michael reported acquisition or exercise transactions in this Form 4 filing.
TruBridge, Inc. reported that Chief Business Officer Michael Daughton received a grant of 10,572 shares of common stock as restricted stock compensation. The award was made at no cash cost to him and will vest in three equal annual installments beginning on the first anniversary of the grant date. Following this grant, he directly holds 68,064 shares of TruBridge common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Daughton Michael
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,572 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 68,064 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 10,572 shares
Shares held after grant: 68,064 shares
Vesting schedule: Three annual installments
+1 more
4 metrics
Restricted stock grant
10,572 shares
Common stock award to Chief Business Officer
Shares held after grant
68,064 shares
Direct TruBridge common stock ownership after transaction
Vesting schedule
Three annual installments
One-third vests each year starting first anniversary
Grant price per share
$0.00 per share
Compensatory restricted stock grant with no cash paid
Key Terms
restricted stock, Section 16(b), Rule 16b-3(d)
3 terms
restricted stock financial
"Represents a grant of restricted stock that vests in three annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Section 16(b) regulatory
"This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(d) regulatory
"pursuant to Rule 16b-3(d) thereunder"