Cloudastructure director reprices options to $4.97
A CSAI director cancelled higher-strike options and received repriced options at a $4.97 exercise price, keeping the same vesting and expiration terms.
Rhea-AI Filing Summary
CLOUDASTRUCTURE, INC. (CSAI) director Ruba Qashu reported an option repricing on August 27, 2026. Previously granted stock options for an aggregate of 1,389 Class B shares at $64.80, 5,556 Class B shares at $81.00, and 3,334 Class A shares at $19.80 were disposed to the issuer and replaced with new options for the same share amounts at an exercise price of $4.97, equal to the closing stock price on August 26, 2026. The footnotes state the repriced options retain the original vesting schedules and expiration dates.
Positive
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Negative
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Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Qashu Ruba
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Options (Right to Buy) F2, F1 | 1,389 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 1,389 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F1 | 5,556 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 5,556 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F4 | 3,334 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 3,334 | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 10,279 contracts (Direct)
Footnotes (4)
- 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.
- F4. These options vest over a 2-year period.
Key Figures
Repriced Class B options (series 1): 1,389 options at $4.97 exercise price
Repriced Class B options (series 2): 5,556 options at $4.97 exercise price
Repriced Class A options: 3,334 options at $4.97 exercise price
+3 more
6 metrics
Repriced Class B options (series 1)
1,389 options at $4.97 exercise price
Repriced from $64.80 per share; expiration May 3, 2033
Repriced Class B options (series 2)
5,556 options at $4.97 exercise price
Repriced from $81.00 per share; expiration June 5, 2034
Repriced Class A options
3,334 options at $4.97 exercise price
Repriced from $19.80 per share; expiration March 2, 2036
Reference closing stock price
$4.97 per share
Closing CSAI stock price on August 26, 2026 used for repricing
Vesting schedule (original options)
25% after 1 year, then monthly over 36 months
Applies to certain options; retained for repriced options
Alternative vesting schedule
2-year vesting period
Applies to certain options; retained for repriced options
Key Terms
repricing, vesting, expiration date, Class A common stock, +1 more
5 terms
repricing financial
"filed to report a repricing of the cancelled options reported above"
vesting financial
"These options all vested as follows: 25% on the first anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"retain the same vesting and expiration dates as the cancelled options"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Class A common stock financial
"underlying_security_title: Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B common stock financial
"underlying_security_title: Class B common stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What did CSAI director Ruba Qashu report in this Form 4/A?
Ruba Qashu reported a repricing of stock options on August 27, 2026. Existing options with higher exercise prices were cancelled and replaced with new options at a $4.97 exercise price, while keeping the same vesting schedules and expiration dates.
How many CLOUDASTRUCTURE (CSAI) options were repriced in this filing?
The filing reports repricing of options for 1,389 Class B shares at a prior exercise price of $64.80, 5,556 Class B shares at $81.00, and 3,334 Class A shares at $19.80, all replaced with options at an exercise price of $4.97 per share.
What is the new exercise price of Ruba Qashu’s CSAI options after repricing?
The new exercise price for all repriced options is $4.97 per share, which the footnote states was the closing stock price on August 26, 2026. The repriced options cover the same number of shares as the cancelled options.
Did the vesting or expiration of the CSAI options change in this repricing?
No. A footnote states that the repriced options retain the same vesting and expiration dates as the cancelled options. Earlier footnotes explain that some options vested 25% after one year then monthly, and others vest over a 2-year period.
Were these CLOUDASTRUCTURE (CSAI) transactions under a Rule 10b5-1 plan?
No. The document-level indicator for a Rule 10b5-1 trading plan is marked false, and the footnotes do not reference any such plan. The reported activity relates to an internal repricing of existing stock options.
What types of CSAI stock are underlying these repriced options?
The repriced options relate to both Class A common stock and Class B common stock. Specifically, 3,334 underlying shares are Class A common stock and 1,389 plus 5,556 underlying shares are Class B common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
