STOCK TITAN

CareCloud (CCLD) CSO records mandatory redemption of Series B preferred shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CareCloud, Inc. Chief Strategy Officer A Hadi Chaudhry reported a mandatory redemption of 7,800 shares of Series B Cumulative Redeemable Perpetual Preferred Stock at $25.25 per share. The shares were disposed of back to the issuer, and the reporting person now holds 0 shares of this security.

Positive

  • None.

Negative

  • None.
Insider Chaudhry A Hadi
Role Chief Strategy Officer
Type Security Shares Price Value
Disposition Series B Cum Redeemable Perp Pref Stock [CCLDO] 7,800 $25.25 $197K
Holdings After Transaction: Series B Cum Redeemable Perp Pref Stock [CCLDO] — 0 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares disposed 7,800 shares Series B Cumulative Redeemable Perpetual Preferred Stock
Redemption price $25.25 per share Mandatory redemption of Series B Preferred Stock
Holdings after transaction 0 shares Series B Preferred Stock following disposition to issuer
Series B Cumulative Redeemable Perpetual Preferred Stock financial
"The reported transaction was effected pursuant to the mandatory redemption of the Series B Preferred Stock"
mandatory redemption financial
"The reported transaction was effected pursuant to the mandatory redemption of the Series B Preferred Stock"
Mandatory redemption is a contract clause that forces an issuer to buy back a security—such as a bond, preferred share, or convertible—under specified conditions or at scheduled times. For investors it matters because it determines when and how they will get their principal or liquidation value returned, affects the timing of income, and can change the total number of outstanding securities, similar to a store being required to repurchase a product on a set schedule.
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
non-derivative financial
"transaction_type: "non-derivative""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chaudhry A Hadi

(Last)(First)(Middle)
7 CLYDE ROAD

(Street)
SOMERSET NEW JERSEY 08873

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CareCloud, Inc. [ CCLD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Series B Cum Redeemable Perp Pref Stock [CCLDO]05/15/2026D7,800D$25.25(1)0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reported transaction was effected pursuant to the mandatory redemption of the Series B Preferred Stock and was not an open market sale by the reporting person.
/s/ Norman Roth, Attorney-in-Fact for A Hadi Chaudhry05/18/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CareCloud (CCLD) disclose in this Form 4 for A Hadi Chaudhry?

CareCloud reported that Chief Strategy Officer A Hadi Chaudhry disposed of 7,800 shares of Series B Cumulative Redeemable Perpetual Preferred Stock through a mandatory redemption at $25.25 per share, leaving him with zero shares of this preferred stock.

Was the CareCloud (CCLD) Form 4 transaction an open market sale?

No, the Form 4 footnote states the 7,800-share transaction in Series B Preferred Stock was a mandatory redemption by the issuer and explicitly notes it was not an open market sale by the reporting person, indicating a company-driven event.

How many Series B Preferred shares did CareCloud’s A Hadi Chaudhry dispose of?

A Hadi Chaudhry disposed of 7,800 shares of CareCloud’s Series B Cumulative Redeemable Perpetual Preferred Stock in a single non-derivative transaction classified as a disposition to the issuer under code D on the reported transaction date.

What is the transaction code used in this CareCloud (CCLD) Form 4?

The Form 4 uses transaction code D, described as a disposition to the issuer, for 7,800 shares of Series B Cumulative Redeemable Perpetual Preferred Stock, reflecting a mandatory redemption rather than a discretionary market trade by the reporting person.

What are A Hadi Chaudhry’s holdings after this CareCloud preferred redemption?

After the mandatory redemption of 7,800 Series B Cumulative Redeemable Perpetual Preferred shares, the Form 4 shows A Hadi Chaudhry’s total holdings of this specific preferred stock as 0 shares, indicating he no longer owns this security class directly.