Cloudastructure holder reprices options to $4.97
A 10% owner of CSAI cancelled higher-priced options and received repriced awards at a $4.97 exercise price, keeping original vesting and expiration terms.
Rhea-AI Filing Summary
CLOUDASTRUCTURE, INC. (CSAI) reports that major shareholder Bentley Sheldon Richard cancelled several existing stock option awards and received new options on August 27, 2026 as part of an option repricing. The cancelled options had exercise prices of $55.80 and $81.00 per share, and were replaced with options exercisable at $4.97, equal to the reported closing stock price on August 26, 2026.
The repriced options cover Class A and Class B common stock and retain the same vesting schedule and expiration dates as the cancelled options, including awards expiring on January 26, 2032, June 5, 2034, and January 2, 2035. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Options (Right to Buy) F2, F1 | 52,778 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 52,778 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F1 | 3,612 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 3,612 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F1 | 51,945 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 51,945 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F1 | 84 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 84 | -- | -- |
Footnotes (3)
- F1. These options all vested as follows: 25% on the first anniversary of the grant date and ratably in 36 substantially equal monthly installments thereafter.
- F2. This Form 4 is being filed to report a repricing of the cancelled options reported above to the closing stock price of $4.97 on August 26, 2026.
- F3. The repriced options retain the same vesting and expiration dates as the cancelled options.
Key Figures
Key Terms
repricing financial
vested financial
expiration dates financial
Class B common stock financial
Class A common stock financial
FAQ
What did CSAI insider Bentley Sheldon Richard report in this Form 4/A?
What exercise prices were changed in the CSAI Form 4/A filing?
Do the repriced CSAI options change vesting or expiration terms?
Was a Rule 10b5-1 trading plan involved in this CSAI Form 4/A?
Is this CSAI Form 4/A about stock sales on the market?
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