TruBridge (TBRG) director reports tax share withholding and forfeiture
Rhea-AI Filing Summary
TruBridge, Inc. director David A. Dye reported non‑market share disposals related to restricted stock. On March 9, 2026, 1,416 common shares were withheld at $18.47 per share to cover taxes on vesting restricted stock. Separately, on December 31, 2024, 9,516 unvested restricted shares were forfeited to the company at no value under his severance agreement. After these events, Dye holds 87,713 common shares directly and 46,800 shares indirectly through a trust for himself and his children, indicating these are administrative compensation- and severance‑related adjustments rather than open‑market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,416 | $18.47 | $26K |
| Disposition | Common Stock | 9,516 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents unvested restricted stock that was forfeited upon the termination of the Reporting Person's employment as an officer of the Company, pursuant to the Reporting Person's severance agreement. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.
FAQ
What insider transactions did TruBridge (TBRG) director David A. Dye report?
Dye reported two non-market disposals of TruBridge common stock. 1,416 shares were withheld for taxes on restricted stock vesting, and 9,516 unvested shares were forfeited back to the company under his severance agreement, both tied to compensation arrangements.
Was the TruBridge (TBRG) Form 4 an open-market stock sale by David A. Dye?
No, the Form 4 does not show open-market sales. It records tax-withholding of 1,416 shares on restricted stock vesting and forfeiture of 9,516 unvested shares to TruBridge, which are administrative compensation and severance adjustments, not discretionary trading.
How are David A. Dye’s indirect TruBridge (TBRG) holdings structured?
Dye’s indirect holding of 46,800 TruBridge shares is through a trust described as for the benefit of the reporting person, his children, and his minor child. This structure is disclosed as indirect ownership, separate from his directly held shares.