Bill Korn converts 7,500 RSUs to common stock at CareCloud (CCLD)

Rhea-AI Filing Summary

CareCloud director Bill Korn had 7,500 restricted stock units vest and convert into common stock on 08/08/2025 under the company’s Amended and Restated Equity Incentive Plan without payment by the reporting person.

The conversion added 7,500 shares to his direct holdings, bringing his total reported direct beneficial ownership to 197,883 shares, while his reported derivative holdings following the transaction were 40,000 RSU-equivalent securities. The filing records this routine equity compensation event for a director and documents the change in beneficial ownership.

Positive

• 7,500 RSUs vested and converted to common stock, increasing the reporting person’s direct share count by 7,500
• Direct beneficial ownership reported at 197,883 shares, clearly disclosed in the Form 4
• Conversion occurred under the company’s Amended and Restated Equity Incentive Plan and was non-cash (no payment by the reporting person)

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider vesting: 7,500 RSUs converted to common shares, modestly increasing reported direct holdings to 197,883 shares.

The Form 4 documents a non-cash conversion of restricted stock units into common stock under the company equity plan on 08/08/2025. The transaction increases the reporting person’s direct holdings by 7,500 shares and leaves 40,000 derivative securities reported as beneficially owned. This is a standard compensation-related disclosure and, by itself, is unlikely to be materially market-moving.

Corporate Governance Expert

TL;DR: Equity incentive plan functioning as intended; disclosure improves transparency of director ownership changes.

The statement shows the Amended and Restated Equity Incentive Plan producing vested awards for a director, converted without cash payment. Such filings are part of routine governance and transparency, documenting how compensation awards translate into stock ownership. The disclosure clarifies both direct and derivative beneficial ownership after vesting.

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
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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 NC 27705

(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)	197,883	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 Bill Korn	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 Bill Korn report for CareCloud (CCLD)?

He reported the vesting and conversion of 7,500 restricted stock units into common stock under the company’s equity incentive plan on 08/08/2025.

How many shares did the conversion add to Bill Korn’s holdings?

7,500 shares were added to his direct holdings as a result of the RSU conversion.

What are Bill Korn’s reported holdings after the transaction?

Direct beneficial ownership: 197,883 shares; Derivative (RSU-equivalent) holdings following the transaction: 40,000.

Did Bill Korn pay to acquire the shares from the RSU conversion?

No; the Form 4 states the restricted stock units and the shares issued upon vesting were acquired under the equity plan without payment by the reporting person.

Under what plan did the RSUs vest?

The company’s Amended and Restated Equity Incentive Plan is cited as the source of the restricted stock units and resulting shares.