TruBridge (TBRG) executive awarded 5,079 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Harse David reported acquisition or exercise transactions in this Form 4 filing.
TruBridge, Inc. General Manager Patient Care David Harse received a grant of 5,079 shares of common stock as restricted stock compensation. The award was granted at no cash cost per share and increases his directly held position to 21,091 shares of TruBridge common stock.
The restricted stock vests in three equal annual installments of one-third each, beginning on the first anniversary of the grant date. This structure ties the value of the grant to continued service over the multi‑year vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harse David
Role
General Manager Patient Care
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,079 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,091 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 5,079 shares
Grant price: $0.00 per share
Shares owned after grant: 21,091 shares
+1 more
4 metrics
Restricted stock grant
5,079 shares
Common Stock awarded to David Harse on April 8, 2026
Grant price
$0.00 per share
Stated transaction price for the restricted stock award
Shares owned after grant
21,091 shares
Total non-derivative TruBridge common stock directly held after transaction
Vesting schedule
3 installments
Vests in three annual installments of one-third each
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"
FAQ
What did TruBridge (TBRG) executive David Harse report in this Form 4?
David Harse, General Manager Patient Care at TruBridge (TBRG), reported receiving 5,079 shares of common stock as a restricted stock grant. This was a compensation award, not an open-market purchase, and increased his directly held stake to 21,091 shares.
How does this restricted stock grant affect David Harse’s TruBridge (TBRG) holdings?
Following the restricted stock grant of 5,079 shares, David Harse now directly holds 21,091 TruBridge shares. The Form 4 shows this updated ownership figure as his total non-derivative common stock position after the reported transaction.
What is the vesting schedule for David Harse’s TruBridge (TBRG) restricted stock?
The 5,079 TruBridge restricted shares granted to David Harse vest in three equal annual installments. One-third of the award vests on each anniversary of the grant date, tying full realization of the grant to continued service over three years.
Is David Harse’s TruBridge (TBRG) restricted stock grant exempt from Section 16(b)?
Yes. The filing notes the restricted stock grant is exempt from Section 16(b) of the Securities Exchange Act under Rule 16b-3(d). This rule provides an exemption for certain insider equity awards approved under qualifying compensation arrangements.
Was David Harse’s TruBridge (TBRG) transaction a buy or sale in the open market?
The transaction was not an open-market trade. It is labeled with code “A” as a grant or award acquisition of 5,079 restricted shares, provided as equity compensation rather than purchased or sold on the stock market.