TruBridge (TBRG) CFO has shares withheld for taxes on RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TruBridge, Inc. Chief Financial Officer Vinay Bassi reported routine tax-related share withholdings tied to vesting of restricted stock. On March 13, 2026, 1,758 shares of common stock were withheld at $17.31 per share, and on March 16, 2026, 3,965 shares were withheld at $17.59 per share.
These Form 4 transactions, coded as tax-withholding dispositions, were not open-market sales. After these events, Bassi directly held 37,801 TruBridge common shares, reflecting continued equity ownership following the RSU vesting-related withholdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bassi Vinay
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,965 | $17.59 | $70K |
| Tax Withholding | Common Stock | 1,758 | $17.31 | $30K |
Holdings After Transaction:
Common Stock — 37,801 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did TruBridge (TBRG) report for CFO Vinay Bassi?
TruBridge reported that CFO Vinay Bassi had shares withheld to cover taxes on restricted stock vesting. Two Form 4 entries show a total of 5,723 common shares withheld, rather than sold in the open market, during March 2026.
Were TruBridge (TBRG) CFO Vinay Bassi’s March 2026 transactions open-market sales?
No, the transactions were not open-market sales. Both were coded as tax-withholding dispositions, meaning TruBridge withheld shares to satisfy tax obligations arising from restricted stock vesting, instead of Bassi selling shares on the market for cash proceeds.
What does transaction code F mean in the TruBridge (TBRG) Form 4 for Vinay Bassi?
Transaction code F indicates shares were used to pay taxes or exercise costs, not sold in a normal market trade. In this case, TruBridge withheld common shares from Vinay Bassi’s restricted stock vesting to satisfy related tax obligations in March 2026.