CLOUDASTRUCTURE (CSAI) Director Jeffrey E. Kirby Reprices 10,001 Options

What Happened

• Jeffrey E. Kirby, a director of CLOUDASTRUCTURE, reported derivative transactions on Aug 27, 2026: 6,667 options and 3,334 options were listed as dispositions to the issuer (cancelled) and immediately regranted/ acquired as new derivative awards. In total 10,001 option awards were reissued. The repriced options were set to the closing stock price of $5.38 on Aug 26, 2026 (per the filing).
• This was not an open‑market buy or sell of common stock but a repricing/regrant of options (derivative activity). No immediate sale of underlying shares is reported.

Key Details

• Transaction dates: Aug 27, 2026 (reported on Form 4 filed Aug 31, 2026).
• Repricing price: $5.38 per share (closing price on Aug 26, 2026) as noted in the filing.
• Securities: 6,667-option and 3,334-option dispositions to issuer (D) paired with 6,667- and 3,334-option grants/acquisitions (A) — total 10,001 options regranted.
• Shares owned after transaction: Not provided in the details you supplied.
• Footnotes of note:
  • F1: Vesting schedule for some options — 25% at first anniversary then ratably over 36 months.
  • F3: Repriced options retain same vesting and expiration dates as the cancelled options.
  • F4: Some options vest over a 2‑year period.
  • F2: Repricing was to the $5.38 closing price (Aug 26, 2026).
• Filing timeliness: Form 4 was filed Aug 31, 2026 to report the Aug 27 transactions (filing date shown in record).

Context

• For retail investors: this is a repricing/regrant of insider stock options (derivative adjustment), not a purchase or sale of shares. Repricings are often done to align option strike prices with current market prices but do not by themselves signal buying or selling of stock.
• Because these are option awards with vesting schedules, the transactions affect potential future dilution and the director’s future ability to purchase shares over time, rather than immediate share ownership changes.