TruBridge CEO reports routine tax share withholding
TruBridge, Inc. President and CEO Christopher L. Fowler reported a routine tax-related share withholding connected to the vesting of restricted stock.
Rhea-AI Filing Summary
TruBridge, Inc. President and CEO Christopher L. Fowler reported a routine tax-related share withholding connected to the vesting of restricted stock. On the transaction date, 2,093 shares of common stock were withheld at $18.47 per share to cover tax obligations, rather than sold in the open market. After this withholding, Fowler directly held 125,211 common shares, and an additional 16 shares were held indirectly by his spouse.
Positive
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Negative
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Insights
Routine tax withholding on vested stock, not an open-market sale.
Christopher L. Fowler, President and CEO of TruBridge, Inc., had 2,093 common shares withheld at $18.47 per share to satisfy taxes on vested restricted stock. This is coded as an F transaction, which indicates payment of tax liability by delivering securities.
The filing shows Fowler holding 125,211 common shares directly after the transaction, plus 16 shares held indirectly by his spouse. Because this is tax withholding tied to equity compensation, it carries little informational value about his sentiment toward the stock and appears as a standard administrative event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,093 | $18.47 | $39K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents the withholding of shares for tax purposes with respect to the vesting of restricted stock.
FAQ
What insider transaction did TruBridge (TBRG) CEO Christopher Fowler report?
What are Christopher Fowler’s TruBridge (TBRG) holdings after this Form 4?
How is the Form 4 transaction for TruBridge (TBRG) CEO classified?
Does the TruBridge (TBRG) Form 4 indicate any derivative exercises by the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.