TruBridge director’s shares cashed out in merger

TruBridge, Inc. director David A. Dye reported dispositions of all his common stock holdings in connection with the cash merger completed on July 9, 2026.

Rhea-AI Filing Summary

TruBridge, Inc. director David A. Dye reported dispositions of all his common stock holdings in connection with the cash merger completed on July 9, 2026. At the merger’s effective time, each share of TruBridge common stock was cancelled and converted into the right to receive $26.25 per share in cash, including shares held directly and in a trust for the benefit of the reporting person and his children. Earlier, in March 2025, a total of 4,783 shares had been withheld to cover taxes upon the vesting of restricted stock.

Insights

Corporate governance analyst

Director’s TruBridge stake was fully cashed out via a cash merger.

Director David A. Dye reported that all of his TruBridge common shares, both directly held and in a family trust, were disposed of when the company completed a cash merger on July 9, 2026. Each share was cancelled and converted into the right to receive $26.25 in cash, so this is a transactional clean-up tied to the acquisition rather than an open-market sale.

The filing also notes prior F-code transactions in March 2025, where 4,783 shares were withheld at prices of $28.10 and $28.31 to satisfy tax obligations upon restricted stock vesting. Those tax-withholding dispositions are routine compensation mechanics and not discretionary selling. Overall, the report mainly documents how the merger consideration was applied to the director’s holdings.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider DYE DAVID A

Role Director

Type	Security	Shares	Price	Value
Disposition	Common Stock F2, F3	78,853	$26.25	$2.07M
Disposition	Common Stock F2, F3	46,800	$26.25	$1.23M
Tax Withholding	Common Stock F1	2,793	$28.10	$78K
Tax Withholding	Common Stock F1	1,990	$28.31	$56K

Holdings After Transaction: Common Stock — 0 shares (Direct); Common Stock — 0 shares (Indirect, By trust for benefit of reporting person, his children, and his minor child)

Footnotes (3)

1. F1. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.
2. F2. 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.
3. F3. 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

Merger cash consideration per share: $26.25 per share Indirect shares disposed (trust): 46,800 shares Direct shares disposed: 78,853 shares +3 more

6 metrics

Merger cash consideration per share $26.25 per share Each TruBridge common share cancelled and converted into cash at the merger’s effective time

Indirect shares disposed (trust) 46,800 shares Common stock held by trust for benefit of reporting person and his children, disposed to issuer at $26.25 per share

Direct shares disposed 78,853 shares Common stock held directly by David A. Dye, disposed to issuer at $26.25 per share

Tax-withheld shares March 7, 2025 1,990 shares Withheld for tax purposes upon restricted stock vesting at $28.31 per share

Tax-withheld shares March 17, 2025 2,793 shares Withheld for tax purposes upon restricted stock vesting at $28.10 per share

Total tax-withholding shares 4,783 shares Sum of F-code dispositions for tax obligations in March 2025

Key Terms

Agreement and Plan of Merger, Effective Time, restricted stock, withholding taxes

4 terms

Agreement and Plan of Merger regulatory

"On July 9, 2026, pursuant to that certain Agreement and Plan of Merger, dated as of April 23, 2026"

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

Effective Time regulatory

"At the effective time of the Merger (the "Effective Time"), pursuant to the Merger Agreement"

The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.

restricted stock financial

"Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock."

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.

withholding taxes financial

"to receive $26.25 per share in cash, without interest, and subject to any applicable withholding taxes."

Withholding taxes are amounts a payer or government takes out of payments — such as wages, interest, or dividends — before the recipient gets the money, functioning like a cashier keeping part of a bill to pay taxes on your behalf. For investors this matters because it reduces the cash they actually receive, affects net returns and yield calculations, and may require additional paperwork or treaty claims to recover or offset the withheld amount against final tax bills.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TruBridge (TBRG) director David A. Dye report?

David A. Dye reported that all his TruBridge common stock was disposed of in connection with a cash merger, with each share cancelled and converted into the right to receive $26.25 in cash at the merger’s effective time.

How many TruBridge (TBRG) shares were cancelled from David A. Dye’s trust and direct holdings?

The report shows 46,800 shares of TruBridge common stock held indirectly through a trust and 78,853 shares held directly were disposed of in issuer transactions at $26.25 per share in the merger.

What price per share did David A. Dye receive for his TruBridge (TBRG) stock in the merger?

At the merger’s effective time, each share of TruBridge common stock held by David A. Dye was cancelled and converted into the right to receive $26.25 per share in cash, without interest and subject to applicable withholding taxes.

Were David A. Dye’s TruBridge (TBRG) transactions open-market sales?

No. The D-code transactions are described as dispositions to the issuer tied to the cash merger, where shares were cancelled for cash consideration, rather than discretionary open-market sales on a stock exchange.

What do the F-code tax-withholding transactions mean for TruBridge (TBRG) director David A. Dye?

In March 2025, 1,990 and 2,793 TruBridge shares were withheld at $28.31 and $28.10 per share, respectively, to satisfy tax obligations upon the vesting of restricted stock, a standard compensation-related mechanism.

Does David A. Dye hold any TruBridge (TBRG) shares after the merger?

For both his direct and trust-held positions, the Form 4 shows 0 shares of TruBridge common stock remaining following the merger-related dispositions at $26.25 per share.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/10/2026 - 10:43 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DYE DAVID A

(Last) (First) (Middle)

54 ST. EMANUEL STREET

(Street)

MOBILE ALABAMA 36602

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TruBridge, Inc. [ TBRG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/07/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/07/2025		F(1)		1,990	D	$28.31	81,646	D
Common Stock	03/17/2025		F(1)		2,793	D	$28.1	78,853	D
Common Stock	07/09/2026(2)		D		78,853(3)	D	$26.25	0	D
Common Stock	07/09/2026(2)		D		46,800(3)	D	$26.25	0	I	By trust for benefit of reporting person, his children, and his minor child

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.

2. 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.

3. 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.

Remarks:

	/s/ Christopher L. Fowler, by power of attorney	07/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)