STOCK TITAN

Anne Busquet vests 7,500 RSUs at CareCloud; direct shares 281,388

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

Rhea-AI Filing Summary

Anne Busquet, a director of CareCloud, Inc. (CCLD), reported that 7,500 restricted stock units vested and converted into common stock on 08/08/2025. The filing states these shares were issued under the Company's Amended and Restated Equity Incentive Plan and were acquired without payment.

The Form 4 shows the transaction recorded with code M (conversion upon vesting) and reports her direct beneficial ownership following the transaction as 281,388 common shares. Table II also reports 40,000 derivative securities beneficially owned following the reported transactions. The form is signed by attorney-in-fact Norman Roth on 08/08/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine director equity vesting: 7,500 RSUs converted to common shares; increases direct holdings to 281,388; no cash payment.

The transaction is a standard post-vesting conversion of restricted stock units into common stock under the company's equity incentive plan, recorded with transaction code M on the Form 4. The economic effect reported is non-cash compensation converting RSUs into 7,500 shares. The filing also indicates 40,000 derivative securities remain beneficially owned following the report. Absent additional context on total shares outstanding or other insider trades, this is not by itself a material market event.

TL;DR: Compliance filing appears routine and properly executed; Form 4 signed by attorney-in-fact Norman Roth on 08/08/2025.

The Form 4 lists Anne Busquet as a director and records the conversion of RSUs to common stock under the Amended and Restated Equity Incentive Plan. The report indicates the transaction qualifies for Section 16 reporting and was filed by one reporting person. The presence of an attorney-in-fact signature and clear explanatory note on the conversion helps satisfy disclosure and documentation standards for insider transactions.

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*
BUSQUET ANNE

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

(Street)
SOMERSET NJ 08873

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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
Common Stock 08/08/2025 M 7,500 A $0(1) 281,388 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
Restricted Stock Unit $0(1) 08/08/2025 M 7,500 (1) (1) Common Stock 7,500 $0(1) 40,000 D
Explanation of Responses:
1. Represents the conversion upon vesting of restricted stock units into common stock on August 8, 2025. 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.
/s/ Norman Roth Attorney-In-Fact for Anne Busquet 08/08/2025
** 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.

FAQ

What transaction did Anne Busquet report on the Form 4 for CareCloud (CCLD)?

The Form 4 reports that 7,500 restricted stock units (RSUs) vested and converted into common stock on 08/08/2025 under the Company's Amended and Restated Equity Incentive Plan.

How many common shares does Anne Busquet beneficially own after the reported transaction?

The filing shows 281,388 common shares beneficially owned by Anne Busquet following the reported transaction.

Did Anne Busquet pay for the shares issued upon vesting?

No. The Form 4 states the RSUs and the shares issued upon vesting were acquired without payment under the equity incentive plan.

What transaction code and date are on the Form 4?

The conversion is recorded with transaction code M and the transaction date is 08/08/2025.

How many derivative securities are reported after the transaction?

Table II of the Form 4 reports 40,000 derivative securities beneficially owned following the reported transactions.
Carecloud Inc

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