CareCloud (CCLD) director reports 25,000 RSU grant and 6,250-share vesting
Rhea-AI Filing Summary
CareCloud, Inc. director Bill Korn reported equity compensation activity. On July 29, 2026, he received a grant of 25,000 Restricted Stock Units, vesting in four equal installments on January 29, 2027, July 29, 2027, January 29, 2028 and July 29, 2028. On July 31, 2026, 6,250 RSUs vested and converted into 6,250 shares of common stock under the company’s Amended and Restated Equity Incentive Plan, without payment by him, bringing his directly held common stock to 217,883 shares.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 6,250 shares
Net Buy
3 txns
Insider
KORN BILL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F2 | 6,250 | $0.00 | $0.00 |
| Exercise | Common Stock F2 | 6,250 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit F1 | 25,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 45,000 shares (Direct);
Common Stock — 217,883 shares (Direct)
Footnotes (2)
- F1. The restricted stock unit grant was approved on July 29, 2026 and vests in four equal installments on January 29, 2027, July 29, 2027, January 29, 2028 and July 29, 2028.
- F2. Represents the conversion upon vesting of restricted stock units into common stock on July 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.
Key Figures
Restricted Stock Units granted: 25,000 units
RSUs vested and converted: 6,250 units
Common shares issued from RSUs: 6,250 shares
+2 more
5 metrics
Restricted Stock Units granted
25,000 units
Grant to director Bill Korn approved on July 29, 2026
RSUs vested and converted
6,250 units
Restricted Stock Units vested and converted into common stock on July 31, 2026
Common shares issued from RSUs
6,250 shares
Common stock received upon RSU vesting on July 31, 2026
Shares owned after transaction
217,883 shares
Direct CareCloud common stock holdings by Bill Korn following July 31, 2026 conversion
Vesting installments
4 installments
RSU grant vests on four dates from January 29, 2027 through July 29, 2028
Key Terms
Restricted Stock Unit, Amended and Restated Equity Incentive Plan, derivative security, vesting
4 terms
Restricted Stock Unit financial
"The restricted stock unit grant was approved on July 29, 2026 and vests in four equal installments"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Amended and Restated Equity Incentive Plan financial
"acquired under the Company's Amended and Restated Equity Incentive Plan, without payment by the reporting person"
derivative security financial
"transaction code description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"Represents the conversion upon vesting of restricted stock units into common stock on July 31, 2026"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did CareCloud (CCLD) director Bill Korn receive?
Bill Korn received a grant of 25,000 Restricted Stock Units on July 29, 2026. Each RSU represents a right to receive one share of common stock, subject to time-based vesting through July 29, 2028, under CareCloud’s Amended and Restated Equity Incentive Plan.
When do Bill Korn’s 25,000 CareCloud (CCLD) RSUs vest?
The 25,000 RSUs vest in four equal installments. Vesting dates are January 29, 2027; July 29, 2027; January 29, 2028; and July 29, 2028, as approved on July 29, 2026, providing a structured, multi-year equity vesting schedule.
What are Bill Korn’s CareCloud (CCLD) common stock holdings after these transactions?
After the July 31, 2026 RSU conversion, Bill Korn directly holds 217,883 shares of CareCloud common stock. This figure reflects his position following issuance of 6,250 shares upon vesting of restricted stock units reported in the Form 4 filing.
What types of securities are reported in Bill Korn’s CareCloud (CCLD) Form 4?
The Form 4 reports activity in Restricted Stock Units (derivative securities) and the related CareCloud common stock. RSUs were granted, and a portion vested and converted into common shares, updating his directly held common stock position.