Form 4: CareCloud Director Cameron Munter Acquires 30,000 Restricted Stock Units
SEC Form 4 Filing
Director Cameron Munter reports acquisition of 30,000 restricted stock units in CareCloud, Inc.
Summary
- Cameron Munter, a director of CareCloud, Inc. (CCLD), reported a transaction on August 8, 2024.
- Munter acquired 30,000 Restricted Stock Units (RSUs).
- These RSUs vest in four equal installments on February 8, 2025, August 8, 2025, February 8, 2026, and August 8, 2026.
- Following the transaction, Munter beneficially owns 45,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment, simply reporting a transaction.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors. It's typical for directors to receive stock-based compensation as part of their overall remuneration.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of restricted stock unit grant and transaction. |
| 08/08/2024 | Restricted stock unit grant was approved. |
| 02/08/2025 | First vesting date for 7,500 of the restricted stock units. |
| 08/08/2025 | Second vesting date for 7,500 of the restricted stock units. |
| 02/08/2026 | Third vesting date for 7,500 of the restricted stock units. |
| 08/08/2026 | Final vesting date for 7,500 of the restricted stock units. |
| 08/09/2024 | Date of the report. |
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