CareCloud (CCLD) director converts 7,500 RSUs into common stock and holds 141,500 shares
Rhea-AI Filing Summary
CareCloud, Inc. director Lawrence Steven Sharnak reported the vesting and conversion of 7,500 restricted stock units into an equal number of shares of common stock on August 8, 2026. The RSUs and resulting shares were issued under the company’s Amended and Restated Equity Incentive Plan without payment by him. Following these transactions, he held 141,500 shares of common stock directly and 37,500 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,500 shares
Net Buy
2 txns
Insider
Sharnak Lawrence Steven
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 7,500 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 37,500 shares (Direct);
Common Stock — 141,500 shares (Direct)
Footnotes (1)
- F1. Represents the conversion upon vesting of restricted stock units into common stock on August 8, 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
RSUs converted: 7,500 units
Common shares received: 7,500 shares
Common shares after transaction: 141,500 shares
+2 more
5 metrics
RSUs converted
7,500 units
Restricted stock units converted into common stock on August 8, 2026
Common shares received
7,500 shares
Common stock issued upon RSU vesting on August 8, 2026
Common shares after transaction
141,500 shares
Direct common stock holdings following the reported transactions
RSUs remaining
37,500 units
Restricted stock units outstanding after the vesting event
Exercise price
$0.0000 per unit
Conversion or exercise price for RSUs converting into common stock
Key Terms
Restricted Stock Unit, Amended and Restated Equity Incentive Plan, Exercise or conversion of derivative security
3 terms
Restricted Stock Unit financial
"Represents the conversion upon vesting of restricted stock units into common stock"
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"
Exercise or conversion of derivative security financial
"transaction code description 'Exercise or conversion of derivative security'"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did CareCloud (CCLD) director Lawrence Steven Sharnak report in this Form 4?
He reported the vesting and conversion of 7,500 restricted stock units into 7,500 shares of CareCloud common stock on August 8, 2026, as compensation under the company’s Amended and Restated Equity Incentive Plan.
What happens to the 7,500 restricted stock units reported in the CareCloud (CCLD) Form 4?
The 7,500 restricted stock units converted into 7,500 shares of common stock upon vesting on August 8, 2026, in a transaction coded as an exercise or conversion of a derivative security.
Does this CareCloud (CCLD) Form 4 involve a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnote describes equity incentive plan vesting, indicating the reported transactions are compensation-related rather than trades under a 10b5-1 selling plan.
How many restricted stock units does Sharnak still hold in CareCloud (CCLD)?
After the vesting of 7,500 units, the derivative holdings table shows 37,500 restricted stock units remaining, reflecting equity awards that have not yet converted into common shares.