Cloudastructure (CSAI) director swaps options up to $135 strike for $5.38
Rhea-AI Filing Summary
CLOUDASTRUCTURE, INC. (CSAI) reported that director Craig K. Johnson adjusted several option awards on August 27, 2026 through an option repricing. Existing “Stock Options (Right to Buy)” were disposed of back to the issuer and an equal number of replacement options were granted.
The cancelled options included 834 options for Class B common stock with a $55.80 exercise price expiring January 26, 2032; 6,667 options for Class A common stock at $135.00 expiring May 1, 2035; and 3,334 options for Class A common stock at $19.80 expiring March 2, 2036. Footnotes state this Form 4 reports a repricing of those cancelled options to the closing stock price of $5.38 on August 26, 2026. Replacement options for the same share amounts and expiration dates were granted at the new $5.38 exercise price, retaining the same vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Johnson Craig K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Options (Right to Buy) F2, F1 | 834 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 834 | -- | -- |
| Disposition | Stock Options (Right to Buy) F2, F1 | 6,667 | -- | -- |
| Grant/Award | Stock Options (Right to Buy) F2, F3 | 6,667 | -- | -- |
| 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) — 10,835 shares (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 $5.38 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 two-year period.
Key Figures
Cancelled options (Class B common): 834 options at $55.80 exercise price
Cancelled options (Class A common): 6,667 options at $135.00 exercise price
Cancelled options (Class A common): 3,334 options at $19.80 exercise price
+2 more
5 metrics
Cancelled options (Class B common)
834 options at $55.80 exercise price
Disposed to issuer on August 27, 2026; expiration January 26, 2032
Cancelled options (Class A common)
6,667 options at $135.00 exercise price
Disposed to issuer on August 27, 2026; expiration May 1, 2035
Cancelled options (Class A common)
3,334 options at $19.80 exercise price
Disposed to issuer on August 27, 2026; expiration March 2, 2036
Repriced exercise price
$5.38 per share
Closing stock price on August 26, 2026 used for repricing
Replacement options at $5.38
834, 6,667 and 3,334 options
Granted on August 27, 2026 with same expiration dates as cancelled options
Key Terms
repricing, Stock Options (Right to Buy), Class A common stock, Class B common stock, +1 more
5 terms
repricing financial
"This Form 4 is being filed to report a repricing of the cancelled options"
Stock Options (Right to Buy) financial
"security_title: Stock Options (Right to Buy)"
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.
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.
FAQ
What insider transaction did CSAI disclose for Craig K. Johnson?
CLOUDASTRUCTURE, INC. reported that director Craig K. Johnson cancelled several existing stock option grants and received replacement options for the same number of shares on August 27, 2026, as part of an option repricing to an exercise price of $5.38.
Which CSAI options were cancelled in this Form 4 filing?
The cancelled options were 834 options for Class B common stock at $55.80 expiring January 26, 2032; 6,667 options for Class A common stock at $135.00 expiring May 1, 2035; and 3,334 options for Class A common stock at $19.80 expiring March 2, 2036.
What new exercise price did CSAI use for the repriced options?
The repriced options were set to an exercise price of $5.38 per share, which the company notes was the closing stock price on August 26, 2026. Replacement options were granted for the same share amounts and expiration dates at this new price.
Did the CSAI option repricing change vesting or expiration terms?
No. Footnotes state the repriced options retain the same vesting and expiration dates as the cancelled options. One set vested 25% after one year and monthly over 36 months, while another set vests over a two-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
