Form 4: TruBridge Inc. General Counsel Kevin Plessner Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Kevin Plessner, General Counsel of TruBridge, Inc., disposed of 798 shares of common stock on March 17, 2025, to cover tax obligations related to vesting restricted stock.
Summary
- On March 17, 2025, Kevin Plessner, the General Counsel of TruBridge, Inc. (TBRG), reported a transaction involving the disposal of 798 shares of common stock.
- The disposal was executed to cover tax obligations associated with the vesting of restricted stock.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).
- Following the transaction, Plessner directly owns 13,457 shares of TruBridge, Inc.
- The shares were disposed of at a price of $28.1.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard transaction related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Disposal of shares for tax purposes. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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