STOCK TITAN

[Form 4] CareCloud, Inc. 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Lawrence S. Sharnak, a director of CareCloud, Inc., had 7,500 restricted stock units vest and convert into 7,500 shares of common stock on 08/08/2025 under the company's Amended and Restated Equity Incentive Plan. The filing states the shares and the underlying units were issued without payment by the reporting person. After the reported transaction the Form 4 shows 114,000 shares of common stock beneficially owned and 40,000 derivative securities (restricted stock units) reported as beneficially owned, both in a direct ownership form.

Lawrence S. Sharnak, un amministratore di CareCloud, Inc., ha visto maturare 7.500 unità di azioni vincolate che il 08/08/2025 si sono convertite in 7.500 azioni ordinarie, ai sensi del Piano di Incentivazione Azionaria modificato e riformulato della società. La comunicazione indica che le azioni e le unità sottostanti sono state emesse senza pagamento da parte della persona che ha effettuato la segnalazione. Dopo la transazione riportata, il Modulo 4 mostra 114,000 azioni ordinarie beneficiariamente detenute e 40,000 strumenti derivati (unità di azioni vincolate) riportati come beneficiariamente detenuti, entrambi in forma di proprietà diretta.

Lawrence S. Sharnak, director de CareCloud, Inc., tuvo 7.500 unidades de acciones restringidas que vencieron y se convirtieron en 7.500 acciones ordinarias el 08/08/2025, conforme al Plan de Incentivos de Capital enmendado y restablecido de la compañía. La presentación indica que las acciones y las unidades subyacentes fueron emitidas sin pago por la persona informante. Tras la transacción declarada, el Formulario 4 muestra 114,000 acciones ordinarias en propiedad beneficiaria y 40,000 valores derivados (unidades de acciones restringidas) reportados como en propiedad beneficiaria, ambos en forma de titularidad directa.

CareCloud, Inc.의 이사인 Lawrence S. Sharnak는 회사의 개정·재작성된 주식 인센티브 플랜에 따라 2025/08/08에 7,500개의 제한 주식 단위(RSU)가 베스트되어 7,500주의 보통주로 전환되었습니다. 제출 서류에 따르면 해당 주식 및 기초 단위는 보고인에 의해 대가 없이 발행되었습니다. 보고된 거래 이후 Form 4에는 114,000주 보통주가 실질 보유로, 그리고 40,000개의 파생증권(제한 주식 단위)이 실질 보유로 각각 보고되어 있으며, 둘 다 직접 보유 형태로 기재되어 있습니다.

Lawrence S. Sharnak, administrateur de CareCloud, Inc., a vu 7 500 unités d'actions restreintes arriver à échéance et se convertir en 7 500 actions ordinaires le 08/08/2025, dans le cadre du plan d'incitation en actions modifié et reformulé de la société. le dépôt indique que les actions et les unités sous-jacentes ont été émises sans paiement par la personne déclarante. Après la transaction signalée, le formulaire 4 indique 114,000 actions ordinaires détenues à titre bénéficiaire et 40,000 valeurs dérivées (unités d'actions restreintes) déclarées comme détenues à titre bénéficiaire, les deux sous forme de propriété directe.

Lawrence S. Sharnak, ein Direktor von CareCloud, Inc., hatte am 08.08.2025 7.500 Restricted Stock Units, die fällig wurden und in 7.500 Stammaktien umgewandelt wurden, im Rahmen des geänderten und neu gefassten Equity Incentive Plans des Unternehmens. Die Einreichung besagt, dass die Aktien und die zugrunde liegenden Einheiten vom meldepflichtigen Personen ohne Zahlung ausgegeben wurden. Nach der gemeldeten Transaktion zeigt Formular 4 114,000 Stammaktien als wirtschaftlich gehalten und 40,000 derivative Instrumente (Restricted Stock Units) als wirtschaftlich gehalten, jeweils in Form direkten Eigentums.

Positive
  • None.
Negative
  • None.

Insights

Routine equity compensation event; aligns director incentives with shareholders.

The conversion of 7,500 restricted stock units into common shares is a standard equity-compensation occurrence governed by the company's Amended and Restated Equity Incentive Plan. The filing indicates no cash payment was required, consistent with RSU vesting mechanics. For governance assessment, the event signals continued time- or performance-based alignment but is not, by itself, a material disclosure affecting control or corporate policy.

Insider vesting unlikely to be material to valuation; small-scale share increase.

From a market-impact perspective, issuance of 7,500 shares to a director is immaterial relative to typical public float sizes. The Form 4 documents the post-transaction holdings as 114,000 common shares and 40,000 derivative RSUs held directly. This is a disclosures compliance event required by Section 16 and provides transparency on insider holdings but does not indicate a change in ownership control or a cash-based acquisition.

Lawrence S. Sharnak, un amministratore di CareCloud, Inc., ha visto maturare 7.500 unità di azioni vincolate che il 08/08/2025 si sono convertite in 7.500 azioni ordinarie, ai sensi del Piano di Incentivazione Azionaria modificato e riformulato della società. La comunicazione indica che le azioni e le unità sottostanti sono state emesse senza pagamento da parte della persona che ha effettuato la segnalazione. Dopo la transazione riportata, il Modulo 4 mostra 114,000 azioni ordinarie beneficiariamente detenute e 40,000 strumenti derivati (unità di azioni vincolate) riportati come beneficiariamente detenuti, entrambi in forma di proprietà diretta.

Lawrence S. Sharnak, director de CareCloud, Inc., tuvo 7.500 unidades de acciones restringidas que vencieron y se convirtieron en 7.500 acciones ordinarias el 08/08/2025, conforme al Plan de Incentivos de Capital enmendado y restablecido de la compañía. La presentación indica que las acciones y las unidades subyacentes fueron emitidas sin pago por la persona informante. Tras la transacción declarada, el Formulario 4 muestra 114,000 acciones ordinarias en propiedad beneficiaria y 40,000 valores derivados (unidades de acciones restringidas) reportados como en propiedad beneficiaria, ambos en forma de titularidad directa.

CareCloud, Inc.의 이사인 Lawrence S. Sharnak는 회사의 개정·재작성된 주식 인센티브 플랜에 따라 2025/08/08에 7,500개의 제한 주식 단위(RSU)가 베스트되어 7,500주의 보통주로 전환되었습니다. 제출 서류에 따르면 해당 주식 및 기초 단위는 보고인에 의해 대가 없이 발행되었습니다. 보고된 거래 이후 Form 4에는 114,000주 보통주가 실질 보유로, 그리고 40,000개의 파생증권(제한 주식 단위)이 실질 보유로 각각 보고되어 있으며, 둘 다 직접 보유 형태로 기재되어 있습니다.

Lawrence S. Sharnak, administrateur de CareCloud, Inc., a vu 7 500 unités d'actions restreintes arriver à échéance et se convertir en 7 500 actions ordinaires le 08/08/2025, dans le cadre du plan d'incitation en actions modifié et reformulé de la société. le dépôt indique que les actions et les unités sous-jacentes ont été émises sans paiement par la personne déclarante. Après la transaction signalée, le formulaire 4 indique 114,000 actions ordinaires détenues à titre bénéficiaire et 40,000 valeurs dérivées (unités d'actions restreintes) déclarées comme détenues à titre bénéficiaire, les deux sous forme de propriété directe.

Lawrence S. Sharnak, ein Direktor von CareCloud, Inc., hatte am 08.08.2025 7.500 Restricted Stock Units, die fällig wurden und in 7.500 Stammaktien umgewandelt wurden, im Rahmen des geänderten und neu gefassten Equity Incentive Plans des Unternehmens. Die Einreichung besagt, dass die Aktien und die zugrunde liegenden Einheiten vom meldepflichtigen Personen ohne Zahlung ausgegeben wurden. Nach der gemeldeten Transaktion zeigt Formular 4 114,000 Stammaktien als wirtschaftlich gehalten und 40,000 derivative Instrumente (Restricted Stock Units) als wirtschaftlich gehalten, jeweils in Form direkten Eigentums.

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*
Sharnak Lawrence Steven

(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) 114,000 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 Lawrence S. Sharnak 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 CareCloud director Lawrence S. Sharnak report on Form 4?

The Form 4 reports that 7,500 restricted stock units vested and converted into 7,500 shares of common stock on 08/08/2025.

Under what plan were the RSUs and shares issued?

They were issued under the company's Amended and Restated Equity Incentive Plan.

Did the reporting person pay for the shares acquired on vesting?

No. The filing states the restricted stock units and shares were acquired without payment by the reporting person.

How many shares and derivative securities does the filing show the reporting person owns after the transaction?

The Form 4 shows 114,000 shares of common stock beneficially owned and 40,000 derivative securities (RSUs) beneficially owned, both as direct ownership.

What is the reporting person's relationship to CareCloud?

The filing identifies Lawrence S. Sharnak as a Director of CareCloud, Inc.
Carecloud Inc

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