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