[144] CLOUDASTRUCTURE, INC. SEC Filing
Rhea-AI Filing Summary
Cloudastructure, Inc. (CSAI) submitted a Form 144 notice disclosing a proposed sale of 1,000,000 Class A common shares through LPL Financial with an approximate aggregate market value of $1,360,000. The filing lists total Class A shares outstanding as 17,891,370 and an approximate sale date of 09/30/2025. The securities were acquired on 09/30/2025 by exercise of stock options in Class B followed by conversion into Class A, with payment in cash to Cloudastructure, Inc. The filer also disclosed multiple prior small sales of Class A shares during July and August 2025 by Sheldon Richard Bentley, with transaction dates and amounts provided in the filing.
Positive
- Compliance disclosure filed under Rule 144 providing clear notice of the intended sale of 1,000,000 Class A shares.
- Acquisition provenance disclosed: shares were acquired by exercise of stock options and conversion on the same date as listed (09/30/2025).
- Broker and venue specified: sale to be executed through LPL Financial on Nasdaq.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice of a one-time sale of 1,000,000 shares; useful for monitoring insider-related supply.
The Form 144 explicitly notifies the market of an intended sale of 1,000,000 Class A shares to be executed through LPL Financial on 09/30/2025 with an aggregate market value of $1,360,000. The shares were acquired the same day by exercising options and converting Class B to Class A, paid in cash to the issuer. The filing also lists multiple earlier small disposals by an individual seller in July–August 2025. This is a compliance disclosure that provides transparency on planned insider-related selling but contains no operational or financial performance data.
TL;DR: Formal disclosure consistent with Rule 144; confirms exercise-and-convert transaction and planned sale.
The filing documents the origin of the 1,000,000 Class A shares as an exercise of options and conversion from Class B on 09/30/2025, with cash payment to the company, and it names the broker and intended exchange (Nasdaq). The signature/attestation language and listing of prior sales reflect standard Rule 144 compliance. The notice contains no statements of undisclosed material information by the filer, per the declaration block, and does not include any trading plan adoption date.