TruBridge director cashed out 4,376 shares in merger
TruBridge, Inc. director Canada Jerry G Jr. reported a disposition to the issuer of 4,376 shares of common stock on July 9, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
TruBridge, Inc. director Canada Jerry G Jr. reported a disposition to the issuer of 4,376 shares of common stock on July 9, 2026. The transaction occurred at $26.25 per share in connection with the closing of a merger in which TruBridge became a wholly owned subsidiary of Inventurus Knowledge Solutions, Inc. Following this merger-related cancellation and cash-out of shares, the reporting person holds 0 shares of TruBridge common stock.
Insights
Director’s shares were cashed out in a completed merger.
Director Canada Jerry G Jr. disposed of 4,376 TruBridge common shares at $26.25 per share on July 9, 2026. This was not an open-market trade but a disposition to the issuer triggered by the closing of a merger.
Under the Agreement and Plan of Merger, each outstanding TruBridge common share (other than certain excluded shares) was cancelled and converted into the right to receive $26.25 in cash. TruBridge now operates as a wholly owned subsidiary of Inventurus Knowledge Solutions, Inc., and the reporting person’s post-transaction holding is 0 shares, consistent with all shares being cashed out at the merger’s effective time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 4,376 | $26.25 | $115K |
Footnotes (2)
- F1. 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.
- F2. At the effective time of the Merger (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.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Effective Time regulatory
disposition to issuer financial
wholly owned subsidiary financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TruBridge (TBRG) director Canada Jerry G Jr. report in this Form 4?
Was the TruBridge (TBRG) director’s Form 4 transaction an open-market sale?
What happened to TruBridge (TBRG) in the merger referenced in the Form 4?
What is the role of the Merger Agreement mentioned in the TruBridge (TBRG) Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.