TruBridge CFO reports tax-withholding share disposals
TruBridge, Inc. Chief Financial Officer Vinay Bassi reported routine tax-related share withholdings tied to vesting of restricted stock.
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
Exercise Price or Tax Liability: 5,723 shares
Exercise Price or Tax Liability
2 txns
Insider
Bassi Vinay
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,965 | $17.59 | $70K |
| Exercise Price or Tax Liability | Common Stock | 1,758 | $17.31 | $30K |
Holdings After Transaction:
Common Stock — 37,801 shares (Direct)
Footnotes (1)
- F1. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.