Cloudastructure reprices 340,513 employee stock options to USD 4.97 per share

Reuters2026/09/02 18:19

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Cloudastructure set a one-time repricing for certain outstanding stock options, cutting eligible exercise prices to USD 4.97.
Repricing covers unexercised options outstanding on May 21, 2026, priced above the Aug. 26, 2026 fair market value.
About 340,513 shares underlying eligible options were repriced; vesting schedules, share counts, expiration dates stayed unchanged.
CEO James McCormick options repriced: 834 from USD 55.80; 61,561 from USD 81.
CFO Greg Smitherman, CTO Gregory Rayzman options repriced: 39,529 and 38,697, originally at USD 55.80 or USD 81.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cloudastructure Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-006883), on September 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cloudastructure reprices 340,513 employee stock options to USD 4.97 per share

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