CareCloud (CCLD) Director Bill Korn Receives 7,500 Shares via RSU Vest

What Happened
Director Bill Korn reported the conversion/vesting of 7,500 restricted stock units (RSUs) into 7,500 shares of CareCloud common stock on August 8, 2026. The filing shows the shares acquired at $0.00 (no cash paid) under the company's Amended and Restated Equity Incentive Plan. The Form 4 lists both an acquisition entry and a corresponding derivative disposition entry related to the conversion; a footnote clarifies these entries reflect the RSU vesting and conversion into common stock.

Key Details

• Transaction date: August 8, 2026; Form 4 filed August 10, 2026 (timely filing).
• Reported entries: 7,500 shares acquired @ $0.00 (transaction code M — exercise/conversion of derivative); a matching 7,500-share derivative disposition is also reported.
• Total reported cash consideration: $0.00 (shares issued without payment).
• Footnote: Confirms conversion upon vesting of RSUs into common stock under the Company’s equity incentive plan.
• Shares owned after transaction: Not specified in the filing.

Context
This was an equity award vesting/conversion, not an open-market buy or sale. Such RSU vesting items are routine compensation events and do not, by themselves, indicate the insider is buying or selling stock for investment reasons. Transaction code M indicates conversion/exercise of a derivative (here, RSUs converting into common shares).