Stardust Power holder plans sale of 30K shares
A Stardust Power Inc. shareholder filed a Rule 144 notice to sell 30,002 vested RSU common shares through Raymond James.
Rhea-AI Filing Summary
Stardust Power Inc. (SDST) is the issuer for which a shareholder, Charlotte Nangoloshi, has filed a notice of proposed sale of restricted securities under Rule 144. The filing reports an intention to sell 30,002 shares of common stock that arose from an RSU grant vesting on July 8, 2024, with Raymond James & Associates, Inc. listed as the broker.
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Key Figures
Shares to be sold: 30,002 shares of common stock
Acquisition date of shares: July 8, 2024
Proposed sale date: September 17, 2026
3 metrics
Shares to be sold
30,002 shares of common stock
Proposed sale under Rule 144 by Charlotte Nangoloshi
Acquisition date of shares
July 8, 2024
RSU grant vest date for the common shares
Proposed sale date
September 17, 2026
Date associated with the planned Rule 144 sale
Key Terms
Rule 144, RSU Grant Vest, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSU Grant Vest financial
"COMMON | 07/08/2024 | RSU Grant Vest | ISSUER"
attorney-in-fact regulatory
"as attorney-in-fact for Charlotte Nanguloshi Sovis"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing for SDST disclose?
It discloses that a Stardust Power Inc. shareholder, Charlotte Nangoloshi, has filed a notice under Rule 144 to sell 30,002 shares of the company’s common stock that came from a vested RSU grant, using Raymond James & Associates, Inc. as broker.
Who is the broker for the proposed SDST Rule 144 sale?
The broker listed is Raymond James & Associates, Inc., located in St. Petersburg, Florida. The security is identified as common stock and the trading market is noted as NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.