Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · CLOUDASTRUCTURE, INC. (CSAI)

Cloudastructure repriced eligible stock options to $4.97, covering about 340,513 shares

Neutral Impact 2 of 5 other Written later

Cloudastructure's board approved a one-time repricing of certain out-of-the-money stock options on August 27, 2026, after stockholders authorized it at the July 15, 2026 annual meeting. The exercise price of each eligible option was reduced to $4.97, the Nasdaq closing price on August 26, 2026, while vesting schedules and expiration dates were left unchanged. The filing shows the change affects options held by the CEO, CFO and CTO.

Key points

  • Board approved the one-time option repricing on August 27, 2026, following stockholder approval at the July 15, 2026 annual meeting.
  • Exercise price reduced to $4.97 per share; about 340,513 shares are subject to repriced eligible options.
  • Named executive officers James McCormick (CEO), Greg Smitherman (CFO) and Gregory Rayzman (CTO) hold repriced options; other terms are unchanged.

The filing

CompanyCLOUDASTRUCTURE, INC. (CSAI)
Form8-K, current report
Filed with the SECSep 2, 2026, 2:16 PM ET
Accession number0001683168-26-006883

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 02, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.