CareCloud, Inc. (CCLD) director granted 25,000 RSUs and gains vested shares
Rhea-AI Filing Summary
CareCloud, Inc. director Lawrence Steven Sharnak reported equity-award activity. On July 29, 2026 he received a grant of 25,000 Restricted Stock Units, each convertible into one share of common stock, 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 at a conversion price of 0.0000 per share, issued under the company’s Amended and Restated Equity Incentive Plan without payment by Sharnak. Following these transactions, he directly holds 134,000 shares of CareCloud common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,250 shares
Net Buy
3 txns
Insider
Sharnak Lawrence Steven
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 — 134,000 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
RSU grant size: 25000
RSUs converted to common stock: 6250
Post-transaction common shares held: 134000
+2 more
5 metrics
RSU grant size
25000
Restricted Stock Units granted on July 29, 2026
RSUs converted to common stock
6250
RSUs vested and converted on July 31, 2026
Post-transaction common shares held
134000
Direct CareCloud common stock holdings after July 31, 2026 conversion
RSU conversion price
0.0000
Per-share conversion price; shares issued without payment by reporting person
Number of vesting installments
4
RSU grant vests in four equal installments between 2027 and 2028
Key Terms
Restricted Stock Unit, Amended and Restated Equity Incentive Plan, vests in four equal installments
3 terms
Restricted Stock Unit financial
"The restricted stock unit grant was approved on July 29, 2026 and vests"
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,"
vests in four equal installments financial
"grant was approved on July 29, 2026 and vests in four equal installments"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did CareCloud (CCLD) director Lawrence Steven Sharnak receive?
Sharnak received a grant of 25,000 Restricted Stock Units on July 29, 2026. Each RSU is convertible into one share of CareCloud common stock, providing additional potential future equity if the vesting conditions are satisfied.
What is Lawrence Steven Sharnak’s CareCloud (CCLD) common stock holding after these transactions?
After the reported transactions, Sharnak directly holds 134,000 shares of CareCloud common stock. This figure reflects the shares issued upon RSU vesting on July 31, 2026, combined with his prior holdings.
When will Sharnak’s new CareCloud (CCLD) RSU grant vest?
The 25,000 RSU grant vests in four equal installments. Vesting dates are January 29, 2027, July 29, 2027, January 29, 2028 and July 29, 2028, assuming continued satisfaction of the award’s conditions.
Did CareCloud (CCLD) indicate these transactions were under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox was not marked as affirmative, indicating the company did not designate these transactions as executed pursuant to a Rule 10b5-1 trading plan.