KORN BILL 4
Research Summary
AI-generated summary
CareCloud (CCLD) Director Bill Korn Receives 7,500 Shares
What Happened
- Bill Korn, a director of CareCloud, reported the conversion/vesting of restricted stock units into 7,500 shares of common stock on February 8, 2026. The shares were issued under the company's Amended and Restated Equity Incentive Plan and were acquired without payment (reported price $0.00). The Form 4 shows the derivative conversion (transaction code M) and the resulting acquisition of common shares.
Key Details
- Transaction date: February 8, 2026; filing date: February 10, 2026 (timely).
- Reported price: $0.00 per share (shares issued upon RSU vesting); total cash paid: $0.
- Transaction code: M — exercise/conversion of derivative (in this case, RSUs converting to common stock).
- Footnote: Conversion upon vesting of RSUs into common stock; shares issued under the company’s equity incentive plan without payment by the reporting person (F1).
- Shares owned after transaction: not specified in the provided filing summary.
Context
- This was an award/vesting event (RSU conversion), not an open-market purchase or sale. The filing shows no immediate sale of the newly issued shares. Such RSU vestings are routine equity compensation and do not by themselves indicate insider buying or selling intentions.