Stardust Power (SDST) COO grants RSUs, sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stardust Power Inc. Chief Operating Officer Chris Edward Celano reported a compensation-related equity grant and a small share sale. He received 91,636 shares of Common Stock as fully vested restricted stock units payable solely in common stock. On the same date, he sold 3,457 shares of Common Stock at a weighted average price of about $2.32–$2.33 per share to cover tax withholding obligations from the RSU vesting and settlement. After these transactions, Celano directly held 128,358 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,457 shares ($8,020)
Net Sell
2 txns
Insider
Celano Chris Edward
Role
Chief Operating Officer
Sold
3,457 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 91,636 | $0.00 | -- |
| Sale | Common Stock | 3,457 | $2.32 | $8K |
Holdings After Transaction:
Common Stock — 131,815 shares (Direct)
Footnotes (1)
- Represents a grant of restricted stock units ("RSUs") payable solely in common stock. The RSUs are fully vested. Reflects an adjustment for the 10-for-1 reverse stock split of the Issuer's common stock that was effected on September 8, 2025. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs. The price reported is a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $2.32 to $2.33, inclusive. The undersigned undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transactions did Stardust Power (SDST) report for Chris Edward Celano?
Stardust Power reported that COO Chris Edward Celano received 91,636 fully vested RSUs payable in common stock and sold 3,457 common shares. The sale was specifically to cover tax withholding triggered by the vesting and settlement of those RSUs.
Did the Stardust Power (SDST) COO’s RSU grant involve a reverse stock split adjustment?
Yes. A footnote states that the figures reflect an adjustment for Stardust Power’s 10-for-1 reverse stock split of common stock effected on September 8, 2025. The reported RSU and share amounts incorporate this reverse split adjustment.