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Vanguard details 4.96% TruBridge (TBRG) stake, no control intent

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

The Vanguard Group filed an amended Schedule 13G reporting its beneficial ownership of 744,705 TruBridge Inc common shares, representing 4.96% of the class as of December 31, 2025.

Vanguard reports no sole voting or dispositive power, only shared authority, and states the position is held in the ordinary course of business without any intent to change or influence control of TruBridge. The filing also notes an internal realignment at Vanguard under which certain subsidiaries are expected to report beneficial ownership separately while continuing the same investment strategies.

Positive

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Negative

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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. As of that date, The Vanguard Group, Inc. no longer performs portfolio management services or administers proxy voting. In accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. anticipates that certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that currently have, or are deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:01/30/2026

FAQ

What did The Vanguard Group disclose about TruBridge Inc (TBRG) in this Schedule 13G/A?

The Vanguard Group disclosed beneficial ownership of 744,705 TruBridge Inc common shares, representing 4.96% of the class as of December 31, 2025. The position is held in the ordinary course of business, without any intent to change or influence control of the company.

How large is The Vanguard Group’s ownership stake in TruBridge Inc (TBRG)?

The Vanguard Group reports beneficial ownership of 744,705 TruBridge Inc common shares, equal to 4.96% of the outstanding class. This level of ownership brings the position below the 5% threshold, so the filing confirms it now holds 5 percent or less of the class.

What voting and dispositive powers does Vanguard report over its TruBridge Inc (TBRG) shares?

Vanguard reports no sole voting or sole dispositive power over TruBridge shares. It discloses shared voting power over 83,253 shares and shared dispositive power over all 744,705 shares, reflecting that voting and sale decisions are exercised collectively rather than by Vanguard alone.

Does The Vanguard Group intend to influence control of TruBridge Inc (TBRG) with this stake?

The filing states the TruBridge securities were acquired and are held in the ordinary course of business. Vanguard certifies they were not acquired and are not held to change or influence control of TruBridge, and are not part of any transaction having that purpose or effect.

Who ultimately benefits from The Vanguard Group’s TruBridge Inc (TBRG) holdings?

The Vanguard Group explains that its clients, including registered investment companies and other managed accounts, have the right to receive dividends or sale proceeds from the TruBridge securities. It also notes that no single other person’s interest in these securities exceeds 5 percent of the class.

What internal changes at The Vanguard Group are mentioned in relation to the TruBridge Inc (TBRG) position?

The filing notes that on January 12, 2026, The Vanguard Group, Inc. underwent an internal realignment and no longer performs portfolio management or proxy voting. Certain subsidiaries or business divisions are expected to report beneficial ownership separately, while continuing the same investment strategies previously pursued by Vanguard.
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