CLOUDASTRUCTURE (CSAI) Director Jeffrey Kirby Receives Repriced Options

What Happened
Jeffrey E. Kirby, a director of CLOUDASTRUCTURE, had previously granted option awards cancelled and replaced with repriced option awards covering a total of 10,001 underlying shares (6,667 + 3,334) on 2026-08-27. The repriced options carry a per-share strike equal to the company’s closing price of $4.97 on August 26, 2026. These transactions are derivative in nature (options were cancelled and re-granted), not open-market purchases or sales of underlying stock.

Key Details

• Transaction date: 2026-08-27; Amended Form 4 filed: 2026-09-02.
• Reprice price: $4.97 per share (closing price on 2026-08-26).
• Options affected: 6,667 and 3,334 option shares (total 10,001). Entries include dispositions to issuer (cancelled options) and grants/acquisitions (reissued options).
• Vesting/expiration: The repriced options retain the original vesting and expiration dates. Footnotes note two vesting schedules: one set vests 25% after the first anniversary then ratably over the next 36 months; another set vests over 2 years.
• Shares owned after transaction: Not specified in this filing. Check the company’s Form 4 for total beneficial ownership.
• Filing status: This is an amended Form 4. Review prior Form 4(s) for the original reporting history and timing.

Context
These entries reflect a repricing of existing option awards (derivative transactions), not a purchase of the underlying stock or a sale of shares. Repricing is commonly used to reset option exercise prices; the filing notes the new strike equals the recent closing market price and that vesting and expiration terms were preserved. No immediate sale of underlying shares or cashless exercise is indicated in this filing.