CareCloud (CCLD) director Sharnak converts 6,250 RSUs into common stock
Rhea-AI Filing Summary
CareCloud director Lawrence Steven Sharnak reported the vesting of equity awards and related share issuance. On January 31, 2026, 6,250 restricted stock units converted into 6,250 shares of CareCloud common stock at a price of $0 per share under the company’s Amended and Restated Equity Incentive Plan.
After this transaction, Sharnak directly owned 120,250 shares of common stock and 33,750 restricted stock units. The award vested without cash payment by the reporting person, reflecting compensation delivered in company equity rather than cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,250 shares
Net Buy
2 txns
Insider
Sharnak Lawrence Steven
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 6,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,250 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 33,750 shares (Direct);
Common Stock — 120,250 shares (Direct)
Footnotes (1)
- F1. Represents the conversion upon vesting of restricted stock units into common stock on January 31, 2026. These restricted stock units and the shares of common stock issued upon vesting of such units were acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CareCloud (CCLD) director Lawrence Sharnak report?
CareCloud director Lawrence Steven Sharnak reported the vesting of 6,250 restricted stock units into 6,250 shares of common stock. The conversion occurred on January 31, 2026, as part of his equity compensation, at a stated price of $0 per share.
What does transaction code "M" mean in Lawrence Sharnak’s CareCloud (CCLD) Form 4?
Transaction code "M" indicates an exercise or conversion of a derivative security. Here, 6,250 restricted stock units converted into 6,250 shares of CareCloud common stock on January 31, 2026, consistent with the vesting terms of the company’s equity incentive plan.
How many restricted stock units in CareCloud (CCLD) does Lawrence Sharnak hold after vesting?
Following the January 31, 2026 vesting event, Lawrence Steven Sharnak beneficially owned 33,750 restricted stock units. These units represent a right to receive additional CareCloud common shares in the future as they vest, subject to the plan’s terms and conditions.