Form 4: Cloudastructure Founder Converts Options to Class A Stock

Cloudastructure founder Sheldon Richard Bentley converted 200,000 Class B common stock options into Class A common stock on January 12, 2026.

Summary

• Sheldon Richard Bentley, a Director, 10% Owner, and Founder of CLOUDASTRUCTURE, INC. (CSAI), reported a change in beneficial ownership.
• On January 12, 2026, Bentley exercised options to acquire 200,000 shares of Class B Common Stock at an exercise price of $0.02 per share.
• Immediately following the exercise, the 200,000 shares of Class B Common Stock were converted into an equal number of shares of Class A Common Stock.
• As a result of this transaction, Bentley's direct beneficial ownership of Class A Common Stock increased to 250,000 shares.
• The options exercised were part of a grant made on February 20, 2020, for 3,739,417 shares of Class B Common Stock, which vested in full on April 15, 2023.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive. The exercise of options and conversion to Class A stock by a founder and significant owner indicates continued confidence in the company's value and future prospects, aligning insider interests with public shareholders.

Positives

• The exercise of stock options and conversion to Class A Common Stock demonstrates continued insider confidence in the company's future.
• Increased direct ownership of Class A Common Stock by a founder and significant shareholder aligns management interests with those of public shareholders.

Future Outlook

This filing is a report of a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This insider transaction reflects a routine exercise of vested stock options and conversion, which is a common occurrence for executives and founders in publicly traded technology companies. It does not directly provide insights into broader industry trends but can be interpreted as a sign of continued commitment from a key insider.

Related Party Transactions

• The transaction involves an insider (Sheldon Richard Bentley, a Director, 10% Owner, and Founder) exercising stock options and converting shares, which is a related party transaction.

Stakeholder Impact

• Shareholders: The transaction increases the founder's direct ownership of Class A Common Stock, potentially signaling confidence and aligning interests. It also increases the float of Class A shares by 200,000 shares.

Key Dates

Keywords

Cloudastructure, CSAI, Sheldon Richard Bentley, Form 4, Insider Transaction, Stock Options, Class A Common Stock, Class B Common Stock, Beneficial Ownership, Equity Conversion