CareCloud (CCLD) director’s 10,800 Series B preferred shares mandatorily redeemed

Rhea-AI Filing Summary

CareCloud, Inc. director Bill Korn reported a disposition of 10,800 shares of the company’s Series B Cumulative Redeemable Perpetual Preferred Stock. The shares were transferred back to the issuer at $25.25 per share through a mandatory redemption, and his reported holdings of this preferred stock are now zero.

The transaction was characterized as a disposition to the issuer rather than an open market sale, indicating the redemption was driven by the security’s terms rather than an individual trading decision.

Insights

Equity compensation and insider-transactions analyst

Mandatory redemption of preferred shares is a routine structural event, not a discretionary trade.

The filing shows 10,800 shares of CareCloud’s Series B preferred stock held by director Bill Korn were redeemed by the company at $25.25 per share. The transaction is labeled as a disposition to issuer, consistent with a redemption under the security’s terms.

A footnote explains the event was a mandatory redemption and not an open market sale. Korn’s reported holdings of this preferred series are now 0 shares. Because the action is mechanical and not a discretionary buy or sell decision, it carries limited signaling value for common shareholders.

Insider Trade Summary

Net Seller: 10,800 shares

Net Sell 1 txn

Insider KORN BILL

Role Director

Type	Security	Shares	Price	Value
Disposition	Series B Cum Redeemable Perp Pref Stock [CCLDO]	10,800	$25.25	$273K

Holdings After Transaction: Series B Cum Redeemable Perp Pref Stock [CCLDO] — 0 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Shares disposed: 10,800 shares Redemption price: $25.25 per share Preferred shares after transaction: 0 shares +2 more

5 metrics

Shares disposed 10,800 shares Series B Cumulative Redeemable Perpetual Preferred Stock

Redemption price $25.25 per share Mandatory redemption of Series B preferred

Preferred shares after transaction 0 shares Total Series B preferred held by Bill Korn post-transaction

Disposition type Disposition to issuer Transaction code D on Form 4

Transaction date 2026-05-15 Date of mandatory redemption event

Key Terms

Series B Cumulative Redeemable Perpetual Preferred Stock, mandatory redemption, Disposition to issuer, Form 4

4 terms

Series B Cumulative Redeemable Perpetual Preferred Stock financial

"The reported transaction involved Series B Cumulative Redeemable Perpetual Preferred Stock."

mandatory redemption financial

"The 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 regulatory

"The transaction_code_description is listed as Disposition to issuer."

Form 4 regulatory

"INSIDER FILING DATA (Form 4) describes the reported transaction."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/18/2026 - 09:30 PM Learn about SEC filing dates

FAQ

What insider transaction did CareCloud (CCLD) director Bill Korn report?

Bill Korn reported a disposition of 10,800 shares of CareCloud’s Series B Cumulative Redeemable Perpetual Preferred Stock. The shares were transferred back to the issuer through a mandatory redemption at $25.25 per share, leaving him with no reported holdings of this preferred series.

Was the CareCloud (CCLD) preferred share transaction an open market sale?

No, it was not an open market sale. A footnote states the 10,800 Series B preferred shares were redeemed pursuant to a mandatory redemption, meaning the shares were returned to the issuer under the security’s terms rather than sold on the open market.

How many CareCloud Series B preferred shares did Bill Korn hold after the transaction?

After the transaction, Bill Korn reported holding 0 shares of CareCloud’s Series B Cumulative Redeemable Perpetual Preferred Stock. The Form 4 shows 10,800 shares disposed of to the issuer, and the total shares following the transaction are reported as zero for this security.

What price was used for the CareCloud Series B preferred share redemption?

The redemption used a price of $25.25 per share for the Series B Cumulative Redeemable Perpetual Preferred Stock. This price is listed as the transaction price per share for the 10,800 shares that were mandatorily redeemed and disposed of to the issuer in the reported transaction.

Does the CareCloud (CCLD) Form 4 show any insider purchases or sales of common stock?

The Form 4 data provided only shows a disposition of 10,800 shares of Series B preferred stock via mandatory redemption. The transaction summary lists one dispose event and no buy or sell transactions, and there are no derivative or common stock trades in this excerpt.

SEC Form 4

FORM 4

UNITED 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^*

KORN BILL

(Last) (First) (Middle)

5204 PINEY HOLLOW COURT

(Street)

DURHAM NORTH CAROLINA 27705

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Series B Cum Redeemable Perp Pref Stock [CCLDO]	05/15/2026		D		10,800	D	$25.25(1)	0	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Bill Korn	05/18/2026
	** Signature of Reporting Person	Date
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)