Cloudastructure CFO Greg Smitherman Reprices Stock Options to $5.38

Cloudastructure, Inc. filed a Form 4 on behalf of Chief Financial Officer Greg Smitherman, reporting a repricing of outstanding stock option awards on August 27, 2026. The CFO cancelled four tranches of previously granted stock options and received replacement options with a reduced exercise price of $5.38, equal to the closing stock price on August 26, 2026. The cancelled options carried exercise prices ranging from $55.80 to $81.00 and covered 26,667 shares of Class B common stock (expiring January 26, 2032), 7,889 shares of Class B common stock (expiring June 5, 2034), 4,889 shares of Class B common stock (also expiring June 5, 2034), and 84 shares of Class A common stock (expiring January 2, 2035). The replacement options have the same vesting schedules and expiration dates as the cancelled options. The transactions were reported as both dispositions (code D) of the old options and acquisitions (code A) of the repriced options, with post-transaction holdings of 39,529 repriced options. The filing was signed on August 31, 2026.