CareCloud (CCLD) director Bill Korn receives 7,500 shares from RSU vesting
Rhea-AI Filing Summary
CareCloud, Inc. director Bill Korn 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 Korn. Following this transaction, Korn directly holds 225,383 shares of common stock and 37,500 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,500 shares
Net Buy
2 txns
Insider
KORN BILL
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 — 225,383 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 vested and converted: 7,500 Restricted Stock Units
Common shares held after transaction: 225,383 shares
RSUs remaining after transaction: 37,500 Restricted Stock Units
+2 more
5 metrics
RSUs vested and converted
7,500 Restricted Stock Units
Converted into common stock on August 8, 2026
Common shares held after transaction
225,383 shares
Direct CareCloud common stock ownership after August 8, 2026 transaction
RSUs remaining after transaction
37,500 Restricted Stock Units
Restricted Stock Units following the reported vesting and conversion
Exercise/Conversion price per RSU
$0.0000 per unit
RSUs and resulting shares acquired without payment by the reporting person
Transaction date
August 8, 2026
Date of RSU vesting and conversion 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
"were 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 Bill Korn report in this Form 4?
Bill Korn reported the vesting and conversion of 7,500 Restricted Stock Units into CareCloud common stock on August 8, 2026, under the company’s Amended and Restated Equity Incentive Plan, with no cash payment required.
How many Restricted Stock Units does Bill Korn still have with CareCloud (CCLD)?
Following the August 8, 2026 vesting, Bill Korn has 37,500 Restricted Stock Units remaining. These RSUs are separate from his 225,383 directly held common shares reported after the transaction.
What is the nature of the Form 4 transaction for CareCloud (CCLD) on August 8, 2026?
The filing reports an exercise/conversion of Restricted Stock Units (code M) into common stock, reflecting equity compensation vesting, not an open-market purchase or sale of CareCloud shares.