Form 4: TruBridge, Inc. Executive David A. Dye Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
David A. Dye, Chief Operating Officer of TruBridge, Inc., reported disposing of shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 7, 2024, David A. Dye, the Chief Operating Officer of TruBridge, Inc., disposed of 2,154 shares of common stock at a price of $8.07 per share to cover tax obligations.
- Following this transaction, Dye directly owns 66,586 shares of TruBridge, Inc.
- On March 8, 2024, Dye disposed of 865 shares of common stock at a price of $8.98 per share to cover tax obligations.
- Following this transaction, Dye directly owns 65,721 shares of TruBridge, Inc.
- Dye also indirectly owns 46,800 shares through a trust for the benefit of himself, his children, and his minor child.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, which is a normal part of executive compensation.
Industry Context
This filing is a routine disclosure related to stock transactions by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The stock disposals are unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Disposal of 2,154 shares of common stock at $8.07 per share for tax purposes. |
| 03/08/2024 | Disposal of 865 shares of common stock at $8.98 per share for tax purposes. |
| 03/11/2024 | Date of signature for the report. |
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