CareCloud Form 4: 7,500 RSUs converted to common stock for director

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.

Insights

Corporate Governance Expert

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.

Securities Analyst

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.

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

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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^*

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.