TruBridge, Inc. Files Definitive Proxy Statement
Ticker: TBRG · Form: DEF 14A · Filed: Mar 27, 2024 · CIK: 1169445
| Field | Detail |
|---|---|
| Company | Trubridge, Inc. (TBRG) |
| Form Type | DEF 14A |
| Filed Date | Mar 27, 2024 |
| Risk Level | |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.001, $20,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Executive Compensation, Corporate Governance, TruBridge
TL;DR
<b>TruBridge, Inc. has filed its Definitive Proxy Statement (DEF 14A) detailing executive compensation and corporate governance for the fiscal year ending December 31, 2023.</b>
AI Summary
TruBridge, Inc. (TBRG) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. TruBridge, Inc. filed a DEF 14A on March 27, 2024. The filing covers the fiscal year ending December 31, 2023. It includes information on executive compensation and board members. Key individuals mentioned include Christopher L. Flower and J. Boyd Douglas. The company was formerly known as Computer Programs & Systems Inc.
Why It Matters
For investors and stakeholders tracking TruBridge, Inc., this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation packages and board member details, enabling informed voting decisions. Understanding the compensation structure and director information is vital for assessing management's alignment with shareholder interests and the company's overall financial health.
Risk Assessment
Risk Level: — TruBridge, Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A, providing standard disclosures without immediate financial performance indicators or significant strategic shifts.
Analyst Insight
Review the executive compensation details and director nominations to assess alignment with company performance and shareholder value.
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| Christopher L. Flower | Member | |
| J. Boyd Douglas | Member |
Key Numbers
- 2023-12-31 — Fiscal Year End (Reporting Period)
- 2024-03-27 — Filing Date (Date of Submission)
Key Players & Entities
- TruBridge, Inc. (company) — Filer
- DEF 14A (filing) — Form Type
- 2024-03-27 (date) — Filing Date
- 2024-05-09 (date) — Period of Report
- Christopher L. Flower (person) — Board Member
- J. Boyd Douglas (person) — Board Member
- Computer Programs & Systems Inc (company) — Former Company Name
FAQ
When did TruBridge, Inc. file this DEF 14A?
TruBridge, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 27, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by TruBridge, Inc. (TBRG).
Where can I read the original DEF 14A filing from TruBridge, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by TruBridge, Inc..
What are the key takeaways from TruBridge, Inc.'s DEF 14A?
TruBridge, Inc. filed this DEF 14A on March 27, 2024. Key takeaways: TruBridge, Inc. filed a DEF 14A on March 27, 2024.. The filing covers the fiscal year ending December 31, 2023.. It includes information on executive compensation and board members..
Is TruBridge, Inc. a risky investment based on this filing?
Based on this DEF 14A, TruBridge, Inc. presents a moderate-risk profile. The filing is a routine DEF 14A, providing standard disclosures without immediate financial performance indicators or significant strategic shifts.
What should investors do after reading TruBridge, Inc.'s DEF 14A?
Review the executive compensation details and director nominations to assess alignment with company performance and shareholder value. The overall sentiment from this filing is neutral.
How does TruBridge, Inc. compare to its industry peers?
TruBridge, Inc. operates in the computer programming services industry, providing software and IT solutions.
Are there regulatory concerns for TruBridge, Inc.?
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information to shareholders.
Industry Context
TruBridge, Inc. operates in the computer programming services industry, providing software and IT solutions.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring public companies to disclose information to shareholders.
What Investors Should Do
- Analyze executive compensation details for Christopher L. Flower and J. Boyd Douglas.
- Review the slate of director nominees presented in the filing.
- Understand any proposals being put forth for shareholder vote.
Key Dates
- 2024-03-27: DEF 14A Filing — Definitive Proxy Statement filed
- 2023-12-31: Fiscal Year End — Reporting period for the proxy statement
Glossary
- DEF 14A
- Definitive Proxy Statement (Filed by TruBridge, Inc. to provide shareholders with information for annual meetings, including executive compensation and director nominations.)
Year-Over-Year Comparison
This is the initial DEF 14A filing for TruBridge, Inc. for the fiscal year ending December 31, 2023, following its operational period.
Filing Stats: 4,797 words · 19 min read · ~16 pages · Grade level 12 · Accepted 2024-03-27 09:01:17
Key Financial Figures
- $0.001 — common stock of the Company, par value $0.001 per share, outstanding. Each stockholde
- $20,000 — ments, which are not expected to exceed $20,000 in total. If deemed necessary, we may a
Filing Documents
- d668517ddef14a.htm (DEF 14A) — 942KB
- g668517dsp19.jpg (GRAPHIC) — 14KB
- g668517dsp19a.jpg (GRAPHIC) — 14KB
- g668517dsp19b.jpg (GRAPHIC) — 14KB
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- g668517g02g02.jpg (GRAPHIC) — 133KB
- g668517g0320182025242.jpg (GRAPHIC) — 3KB
- g668517g35g35.jpg (GRAPHIC) — 59KB
- g668517g57g57.jpg (GRAPHIC) — 101KB
- g668517g58g01.jpg (GRAPHIC) — 102KB
- g668517g58g02.jpg (GRAPHIC) — 102KB
- g668517g69v86.jpg (GRAPHIC) — 2KB
- 0001193125-24-078308.txt ( ) — 4070KB
- cpsi-20231231.xsd (EX-101.SCH) — 6KB
- cpsi-20231231_def.xml (EX-101.DEF) — 6KB
- cpsi-20231231_lab.xml (EX-101.LAB) — 11KB
- cpsi-20231231_pre.xml (EX-101.PRE) — 6KB
- d668517ddef14a_htm.xml (XML) — 340KB
Executive Compensation and Other Information
Executive Compensation and Other Information 25 Compensation Discussion and Analysis 25 Compensation Committee Report 36 Summary Compensation Table 37 Grants of Plan-Based Awards in 2023 39 Outstanding Equity Awards at 2023 Fiscal Year-End 40 Option Exercises and Stock Vested in 2023 42 2019 Incentive Plan 42 Pension Benefits 44 Nonqualified Deferred Compensation 44 Potential Payments Upon Termination or Change-in-Control 45 Pay Versus Performance 49 Pay Ratio 54 Non-Management Director Compensation 55
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 57 Delinquent Section 16(a) Reports 59 Certain Relationships and Related Person Transactions 60 Policy for the Review and Approval of Related Person Transactions 60 Related Person Transactions 60 Report of the Audit Committee 61 Proposal 2: Advisory Vote on Compensation of Our Named Executive Officers 62 Proposal 3: Ratification of Appointment of Independent Registered Public Accountants 63 General 63 Fees Paid to Grant Thornton LLP 63 iii Table of Contents Page Pre-Approval Policy 63 Other Matters 64 Deadline for Stockholder Proposals 64 Householding of Proxy Materials 64 iv Table of Contents PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD THURSDAY, MAY 9, 2024 This Proxy Statement, along with the accompanying Notice of Annual Meeting of Stockholders, contains information about the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of TruBridge, Inc., including any adjournments or postponements of the Annual Meeting. We are holding the Annual Meeting on Thursday, May 9, 2024 at 8:00 a.m., Central Time, in a virtual meeting format only via the Internet. Stockholders may participate in and vote and submit questions during the Annual Meeting via the Internet at www.proxydocs.com/TBRG. In order to attend, you must register in advance at www.proxydocs.com/TBRG. You will need the control number included on your Notice of Internet Availability of Proxy Materials or proxy card if you request a hard copy of the proxy materials. This Proxy Statement relates to the solicitation of proxies by our Board of Directors (the "Board" or "Board of Directors") for use at the Annual Meeting. On or about March 27, 2024, we began sending a Notice of Internet Availability of Proxy Materials to all stockholders entitled to vote at the Annual Meeting. We encourage all of our stockholders to vote prior to or during the Annual Mee