TruBridge CEO receives 19,683-share stock grant
Fowler Christopher L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fowler Christopher L reported acquisition or exercise transactions in this Form 4 filing.
TruBridge, Inc. reported that President and CEO Christopher L. Fowler received a grant of 19,683 shares of Common Stock as restricted stock. The award was given at no cash cost to him and represents equity-based compensation rather than an open-market purchase.
The restricted stock vests in three equal annual installments of one-third each, beginning on the first anniversary of the grant date. After this grant, Fowler directly holds 136,772 shares of Common Stock, and an additional 16 shares are held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 19,683 shares
Grant/Award
2 txns
Insider
Fowler Christopher L
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,683 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 136,772 shares (Direct);
Common Stock — 16 shares (Indirect, By spouse)
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
Restricted stock grant: 19,683 shares
Direct holdings after grant: 136,772 shares
Indirect holdings by spouse: 16 shares
+1 more
4 metrics
Restricted stock grant
19,683 shares
Grant of Common Stock to CEO as of April 8, 2026
Direct holdings after grant
136,772 shares
Common Stock directly owned by CEO following the transaction
Indirect holdings by spouse
16 shares
Common Stock held indirectly, owned by CEO’s spouse
Vesting schedule
Three annual installments
One-third of restricted stock vests each year starting first anniversary
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"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
FAQ
What did TruBridge (TBRG) disclose in this Form 4 filing?
TruBridge disclosed that President and CEO Christopher L. Fowler received a grant of 19,683 shares of restricted Common Stock as equity compensation, with no cash paid per share, and updated his direct and indirect ownership totals following this award.
What is the vesting schedule for the TruBridge CEO’s restricted stock grant?
The restricted stock grant vests in three equal annual installments. One-third of the 19,683 shares will vest on each anniversary of the grant date, over three years, aligning the CEO’s equity compensation with longer-term company performance.
Was this TruBridge Form 4 transaction an open-market buy or sell?
The transaction was a grant of restricted stock, not an open-market trade. The filing labels it as a grant, award, or other acquisition, exempt from Section 16(b) under Rule 16b-3(d), meaning it stems from compensation arrangements rather than trading activity.
What does Section 16(b) and Rule 16b-3(d) mean for this TruBridge stock grant?
The filing states the grant is exempt from Section 16(b) under Rule 16b-3(d). This indicates the award qualifies as an approved, compensation-related insider transaction, avoiding short-swing profit recovery rules that normally apply to rapid insider trades in company stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
