Bentley Sheldon Richard has reported the sale of 1,500 shares of Cloudastructure, Inc. in a transaction dated October 28, 2026. This sale is significant as it reflects ongoing activity from the founder of the company and may influence investor perceptions regarding the firm.

Background

Bentley Sheldon Richard is associated with Cloudastructure, Inc., a company specializing in services related to computer programming and data processing. The company, which has undergone a name change from Connexed Technologies Inc. in June 2017, operates under the Central Index Key 0001709628. It is incorporated in Delaware and has its fiscal year ending on December 31.

What the Filing Says

According to the recent filing, Richard executed the sale of 1,500 shares of Class A Common Stock at a price of $2.27 per share. This transaction was reported under Form 4, indicating it was part of a Rule 10b5-1 trading plan adopted by Richard on September 1, 2026. Following this sale, Richard owns a total of 2,167 shares.

Impact

This sale may affect investor sentiment toward Cloudastructure, particularly as Richard is the founder. Such actions can signal confidence or concerns about the company’s future, potentially influencing other investors' decisions.

What's Next

The filing does not say what happens next.