TruBridge CFO granted 12,698 restricted shares
Bassi Vinay reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bassi Vinay reported acquisition or exercise transactions in this Form 4 filing.
TruBridge, Inc. Chief Financial Officer Vinay Bassi received an equity grant of 12,698 shares of common stock as restricted stock. The award was granted at no cash cost to him and is structured to vest in three equal annual installments, starting on the first anniversary of the grant date.
After this grant, Bassi directly holds 50,499 shares of TruBridge common stock. The filing describes this as a compensation-related grant that is exempt from short-swing profit recovery rules under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,698 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of restricted stock that vests in three annual installments of one-third each beginning on the first anniversary of the grant date. This transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(d) thereunder.
Key Figures
Key Terms
restricted stock financial
Section 16(b) regulatory
Rule 16b-3(d) regulatory
grant, award, or other acquisition financial
FAQ
What insider transaction did TruBridge (TBRG) report for CFO Vinay Bassi?
How does the TruBridge (TBRG) restricted stock grant to the CFO vest?
Was the TruBridge (TBRG) CFO’s restricted stock grant an open-market purchase?
What regulatory exemption applies to the TruBridge (TBRG) CFO’s stock grant?
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