Bentley Sheldon Richard 4
Research Summary
AI-generated summary
Cloudastructure (CSAI) 10% Owner Bentley Sheldon Sells Shares
What Happened
Bentley Sheldon, a >10% owner of Cloudastructure, Inc. (CSAI), sold a total of 50,000 shares in two open‑market transactions: 25,000 shares on 2026-02-03 at a weighted average price of $0.61 (≈ $15,250) and 25,000 shares on 2026-02-04 at a weighted average price of $0.55 (≈ $13,750), for aggregate proceeds of about $29,000. These were sales (not purchases or exercises) and are generally viewed as routine disposition activity.
Key Details
- Transaction dates and prices:
- 2026-02-03: 25,000 shares sold, weighted avg $0.61 (reported range $0.60–$0.632).
- 2026-02-04: 25,000 shares sold, weighted avg $0.55 (reported range $0.518–$0.568).
- Total shares sold: 50,000; total proceeds ≈ $29,000.
- Shares owned after transaction: not disclosed in this Form 4 filing.
- Notable footnotes:
- Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted Aug 20, 2025 (preplanned trades).
- Prices shown are weighted averages; the filing offers to provide the per‑trade breakdown on request.
- Filing timeliness: Report filed 2026-02-05 for transactions on 2026-02-03 and 2026-02-04 (appears timely under Form 4 rules).
Context
Because these sales were made under a prearranged 10b5‑1 trading plan, they were likely scheduled in advance and should be interpreted cautiously as a signal of sentiment. As a 10% owner (a significant holder rather than an executive compensation event), this is personal disposition of shares rather than an award, exercise, or gift.