CareCloud (CCLD) director Lawrence Sharnak receives 7,500 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CareCloud director Lawrence S. Sharnak reported an equity award vesting and share issuance. On February 8, 2026, 7,500 restricted stock units converted into 7,500 shares of CareCloud common stock at a price of $0. According to the filing, these restricted stock units and the resulting shares were granted under the company’s Amended and Restated Equity Incentive Plan without payment by Sharnak.
Following the transaction, Sharnak directly owned 127,750 shares of common stock and 26,250 restricted stock units. This reflects routine compensation-related activity rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,500 shares exercised/converted
Mixed
2 txns
Insider
Sharnak Lawrence Steven
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 7,500 | $0.00 | -- |
| Exercise | Common Stock | 7,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 26,250 shares (Direct);
Common Stock — 127,750 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CareCloud (CCLD) report for Lawrence S. Sharnak?
CareCloud reported that director Lawrence S. Sharnak had 7,500 restricted stock units vest on February 8, 2026, converting into 7,500 shares of common stock at $0 per share as part of his equity compensation.
What does the transaction code "M" mean in the CareCloud (CCLD) Form 4?
Transaction code "M" indicates the exercise or conversion of a derivative security. Here, it reflects the conversion of 7,500 restricted stock units into 7,500 shares of CareCloud common stock on February 8, 2026 under the company’s equity plan.
Is the CareCloud (CCLD) Form 4 for Lawrence S. Sharnak an open-market trade?
This Form 4 does not report an open-market trade. It reports the vesting and conversion of 7,500 restricted stock units into common shares at $0, granted under CareCloud’s Amended and Restated Equity Incentive Plan as part of director compensation.
How many restricted stock units remain for Lawrence S. Sharnak at CareCloud (CCLD)?
After the February 8, 2026 vesting event, Lawrence S. Sharnak held 26,250 restricted stock units in addition to his common shares. These units represent future potential share deliveries subject to the company’s equity plan terms and vesting conditions.