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Founder of CLOUDASTRUCTURE, INC. (NASDAQ:CSAI), Bentley Sheldon Richard, reported selling 44,441 shares of Class A Common Stock in two transactions, with a total value of $77795. The sales come as InvestingPro data shows CSAI trading near its 52-week low of $1.70, with the stock down nearly 95% year-to-date.
According to a Form 4 filing with the Securities and Exchange Commission, the sales occurred on July 11 and July 14, 2025. On July 11, Bentley sold 13,033 shares in multiple transactions at prices ranging from $1.755 to $1.84, for a total of $23459. Then, on July 14, he sold 31,408 shares in multiple transactions at prices ranging from $1.72 to $1.75, for a total of $54336. Following these transactions, Bentley directly owns 157,754 shares of Cloudastructure . The company, currently valued at $28.93 million, shows concerning metrics according to InvestingPro, including rapid cash burn and negative EBITDA of -$6.88 million in the last twelve months.
In other recent news, Cloudastructure, Inc. reported a significant 274% growth in contract value for the first half of 2025, totaling $2.69 million, which surpasses its full-year 2024 contract value by 79%. The company has also secured an additional $3 million investment through Series 2 Convertible Preferred Stock to support its expansion and product development. This funding follows a recent $4.5 million raise and the company’s direct listing on the Nasdaq Capital Market. Additionally, Cloudastructure has expanded into the construction sector with the sale of its Mobile Surveillance Trailer Alpha™ to a leading U.S. construction firm, enhancing its AI-powered security solutions for this industry. The company has amended its bylaws and Code of Business Conduct and Ethics to align with its public company status, introducing updates on governance, director qualifications, and indemnification clauses. These developments underscore Cloudastructure’s strategic growth and its efforts to capture market share with high-margin, recurring revenue models.
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