Cloudastructure (CSAI) founder sells 50,000 shares via 10b5-1 plan
Rhea-AI Filing Summary
Cloudastructure, Inc. (CSAI) founder and 10% owner Sheldon Richard Bentley reported pre‑planned sales of Class A common stock. On January 6, 2026, he sold 25,000 shares at a weighted average price of $0.85, leaving 75,000 shares beneficially owned directly. On January 7, 2026, he sold another 25,000 shares at a weighted average price of $0.85, reducing his direct holdings to 50,000 shares.
All transactions were executed under a Rule 10b5-1 trading plan adopted on August 20, 2025, and the prices reflect multiple trades within disclosed ranges on each day.
Positive
- None.
Negative
- None.
FAQ
What insider activity did CSAI founder Sheldon Richard Bentley report?
Sheldon Richard Bentley, a founder and 10% owner of Cloudastructure, Inc., reported selling 25,000 Class A shares on January 6, 2026 and 25,000 shares on January 7, 2026 in open market transactions.
At what prices did Bentley sell Cloudastructure (CSAI) shares?
For each of the two sales, the Form 4 reports a weighted average price of $0.85 per share. Footnotes state that January 6 trades occurred between $0.83 and $0.88, and January 7 trades occurred between $0.841 and $0.863.
How many Cloudastructure CSAI shares does Bentley hold after these sales?
After the January 6, 2026 sale, Bentley beneficially owned 75,000 Class A common shares directly. After the January 7, 2026 sale, his direct beneficial ownership was 50,000 shares.
Were Bentley’s Cloudastructure share sales under a Rule 10b5-1 plan?
Yes. The filing states that all sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 20, 2025.
What type of security did Bentley sell in this Cloudastructure Form 4?
The transactions involved Class A Common Stock of Cloudastructure, Inc., reported as non-derivative securities held directly by the reporting person.
Can investors see the exact trade breakdowns for Bentley’s CSAI sales?
The Form 4 notes that the reported prices are weighted averages from multiple trades. Bentley undertakes to provide Cloudastructure, any security holder, or SEC staff full details of the number of shares sold at each separate price upon request.