Stardust Power officer plans sale of 49K shares
Stardust Power Inc. (SDST) reported that officer Udaychandra Devasper filed a notice under Rule 144 to sell up to 49,315 shares of common stock through Raymond James & Associates on or after September 10, 2026.
Rhea-AI Filing Summary
Stardust Power Inc. (SDST) reported that officer Udaychandra Devasper filed a notice under Rule 144 to sell up to 49,315 shares of common stock through Raymond James & Associates on or after September 10, 2026. The shares derive from multiple RSU grant vesting events in 2025. The filing notes 14,049,388 shares outstanding and that 3,554 shares were sold in the prior three months for $6,913.
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Key Figures
Shares to be sold under Rule 144: 49,315 shares
Shares outstanding: 14,049,388 shares
Recent shares sold: 3,554 shares
+3 more
6 metrics
Shares to be sold under Rule 144
49,315 shares
Common stock to be sold through Raymond James & Associates on or after September 10, 2026
Shares outstanding
14,049,388 shares
Stardust Power Inc. common stock outstanding as referenced in the Rule 144 notice
Recent shares sold
3,554 shares
Common shares sold on June 15, 2026 during the past three months
Proceeds from recent sale
$6,913
Aggregate proceeds from 3,554 shares sold on June 15, 2026
RSU vesting dates referenced
4 dates
RSU Grant Vest events on March 10, 2025; March 14, 2025; April 7, 2025; June 15, 2025
Planned sale date
September 10, 2026
Approximate date of sale for Rule 144 transaction
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 | 06/15/2025 | RSU Grant Vest | Issuer"
attorney-in-fact regulatory
"as attorney-in-fact for Udaychandra N Devasper"
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
What does Stardust Power Inc. (SDST) disclose in this Form 144 filing?
The filing states that officer Udaychandra Devasper intends to sell up to 49,315 shares of Stardust Power Inc. common stock under Rule 144 through Raymond James & Associates, with sales expected to begin on or about September 10, 2026.
What prior sales by the insider are reported for Stardust Power Inc. (SDST)?
Over the past three months, the filing reports that 3,554 shares of Stardust Power Inc. common stock were sold on June 15, 2026 for total proceeds of $6,913 by Udaychandra Devasper.
AI-generated analysis. How Rhea-AI works. Not financial advice.