[Form 4] Stardust Power Inc. Insider Trading Activity
Stardust Power Inc. (SDST) Chief Financial Officer Udaychandra Devasper reported the vesting and settlement of restricted stock units and a related sale to cover tax withholding. On 09/15/2025 the reporting person had 8,245 RSUs vest and settle into common shares, which increased reported beneficial ownership to 68,110 shares. On the same date 3,870 shares were sold under a Rule 10b5-1 plan at a weighted average price of $2.6611 (sales occurred in a $2.65–$2.67 range), leaving 64,240 shares beneficially owned. The filing notes a prior 10-for-1 reverse stock split effective 09/08/2025 and that the reporting person originally received 98,948 RSUs that vest quarterly over three years beginning July 8, 2024.
Il direttore finanziario di Stardust Power Inc. (SDST), Udaychandra Devasper, ha riferito la vesting e la liquidazione di unità di azioni vincolate e una vendita correlata per coprire le ritenute. Il 15/09/2025 la persona segnalante aveva 8.245 RSU vestite e liquidate in azioni ordinarie, aumentando la proprietà utile riportata a 68.110 azioni. Nello stesso giorno 3.870 azioni sono state vendute nell’ambito di un piano Rule 10b5-1 a un prezzo medio ponderato di $2.6611 (le vendite sono avvenute in una fascia tra $2,65 e $2,67), lasciando 64.240 azioni detenute beneficiariamente. La dichiarazione indica una precedente divisione inversa di 10 per 1 effective al 09/08/2025 e che la persona segnalante originariamente aveva 98.948 RSU che vestono trimestralmente su tre anni a partire dall’8 luglio 2024.
El director financiero de Stardust Power Inc. (SDST), Udaychandra Devasper, informó del vesting y liquidación de unidades de acciones restringidas y una venta relacionada para cubrir la retención de impuestos. El 15/09/2025 la persona informante tenía 8.245 RSU vestidas y liquidadas en acciones comunes, lo que aumentó la propiedad beneficiosa reportada a 68.110 acciones. En la misma fecha se vendieron 3.870 acciones bajo un plan Rule 10b5-1 a un precio medio ponderado de $2.6611 (las ventas ocurrieron en un rango de $2,65–$2,67), dejando 64.240 acciones en propiedad beneficiaria. La declaración señala una división inversa previa de 10 por 1 efectiva al 09/08/2025 y que la persona informante originalmente recibió 98.948 RSU que vencen trimestralmente durante tres años a partir del 8 de julio de 2024.
Stardust Power Inc. (SDST) 재무 총괄 Udaychandra Devasper는 제한 주식 단위의 가시화 및 결산과 세금 원천징수를 충당하기 위한 관련 매각을 보고했습니다. 2025년 9월 15일 보고자는 8,245 RSU가 가시화 및 결산되어 보통주로 취득했고, 이는 보고된 유익한 소유를 68,110주로 증가시켰습니다. 같은 날 3,870주가 매각되었으며, Rule 10b5-1 계획에 따라 가중평균가 $2.6611로 거래되었습니다(매매는 $2.65–$2.67 구간에서 발생), 남은 유익한 소유는 64,240주가 됩니다. 제출서는 2025년 9월 8일 발효된 10대1 역분할을 언급하고, 보고자는 원래 98,948 RSU가 수여되며 2024년 7월 8일부터 3년간 분기별로 vesting된다고 적고 있습니다.
Le directeur financier de Stardust Power Inc. (SDST), Udaychandra Devasper, a signalé la maturation et le dénouement des RSU et une vente associée pour couvrir les retenues fiscales. Le 15/09/2025, la personne chargée du rapport a 8.245 RSU vestées et réglées en actions ordinaires, ce qui a porté la propriété bénéficiaire déclarée à 68.110 actions. À la même date 3.870 actions ont été vendues dans le cadre d’un plan Rule 10b5-1 à un prix moyen pondéré de $2.6611 (les ventes ont eu lieu dans une fourchette de $2,65–$2,67), laissant 64.240 actions détenues bénéficiairement. Le dépôt note une précédente scission inverse de 10 pour 1 effective au 08/09/2025 et que la personne déclarant avait initialement reçu 98.948 RSU qui se vident (vest) trimestriellement sur trois ans à partir du 8 juillet 2024.
Der Chief Financial Officer von Stardust Power Inc. (SDST), Udaychandra Devasper, berichtete über das Vesting und die Abrechnung von Restricted Stock Units sowie einen entsprechenden Verkauf zur Abdeckung der Steuerabzüge. Am 15.09.2025 hatte die meldende Person 8.245 RSUs vestet und abgerechnet in Stammaktien, was das gemeldete wirtschaftliche Eigentum auf 68.110 Aktien erhöhte. Am selben Datum wurden 3.870 Aktien verkauft im Rahmen eines Rule-10b5-1-Plans zu einem gewogenen Durchschnittspreis von $2.6611 (Verkäufe erfolgten im Bereich von $2,65–$2,67), was 64.240 Aktien als wirtschaftliches Eigentum übrig ließ. Die Einreichung verweist auf einen zuvor wirksamen 10-für-1 Reverse-Stock-Split zum 08.09.2025 und darauf, dass die meldende Person ursprünglich 98.948 RSU erhalten hatte, die vierteljährlich über drei Jahre ab dem 8. Juli 2024 vesten.
أعلن المدير المالي لشركة Stardust Power Inc. (SDST)، أودياشندرا ديفا سبر، عن تقادم وتسوية وحدات الأسهم المقيدة وبيع ذي صلة لتغطية الاستقطاعات الضريبية. في 15/09/2025، كان لدى الشخص المفصح عنه 8,245 RSU متداولة ومقومة إلى أسهم عادية، مما زاد الملكية المستفيدة المдорجة إلى 68,110 سهماً. في نفس التاريخ تم بيع 3,870 سهمًا بموجب خطة Rule 10b5-1 وبسعر وسطي وزني قدره $2.6611 (تم البيع ضمن نطاق $2.65–$2.67)، تاركاً 64,240 سهماً مملوكاً لفائدة. يشير الإيداع إلى تقسيم عكسي سابق 10 مقابل 1 فعال اعتباراً من 09/08/2025 وأن الشخص المفصح عنه تلقى أصلاً 98,948 RSU تتطاوع دورياً على مدى ثلاث سنوات ابتداءً من 8 يوليو 2024.
Stardust Power Inc.（SDST）首席财务官 Udaychandra Devasper 报告了受限股票单位的归属与结算，以及为覆盖税款预扣而进行的相关出售。 在 2025/09/15，报告人已实现 8,245 RSU 的归属和结算转为普通股，使披露的受益所有权增至 68,110 股。在同一天，卖出 3,870 股，根据 Rule 10b5-1 计划，成交的加权平均价格为 $2.6611（成交区间在 $2.65–$2.67），剩余的受益所有权为 64,240 股。备案还提到在 2025/09/08 生效的之前的 10 对 1 的反向拆股，以及报告人最初收到的 98,948 RSU，这些 RSU 将在自 2024 年 7 月 8 日起的三年里逐季归属。
- 8,245 RSUs vested and settled, indicating employee compensation was executed as planned
- Sales to cover tax withholding were made under a documented Rule 10b5-1 plan (adopted Nov 27, 2024), demonstrating pre-planned compliance
- Filing discloses reverse split adjustment, providing clarity on share counts after the 10-for-1 consolidation
- Reported beneficial ownership decreased from 68,110 shares to 64,240 shares following the tax-cover sale
- Shares sold (3,870) were executed at a relatively narrow price range ($2.65–$2.67), which may reflect limited liquidity or small trade execution windows
Insights
TL;DR: Routine executive compensation vesting and tax-cover sell-down; modest change to reported holdings, no new financing or material dilution.
The filing documents the vesting and settlement of 8,245 RSUs into common shares and an immediate sale of 3,870 shares to satisfy tax-withholding obligations under an existing Rule 10b5-1 plan. The weighted average sale price reported is $2.6611 within a $2.65–$2.67 range. Beneficial ownership after the transactions is reported as 64,240 shares, reflecting adjustments for a recent 10-for-1 reverse split. These are routine compensation and tax-related transactions and do not, by themselves, signal a change in company financing or control.
TL;DR: Transactions are standard executive equity settlement and planned sales; disclosure cites Rule 10b5-1 plan and reverse-split adjustments.
The form clearly attributes the share disposition to tax-withholding from RSU settlement and references a Rule 10b5-1 trading plan adopted November 27, 2024, which supports that the sales were pre-planned. The filing also documents the aggregate RSU award (98,948 RSUs) and the vesting schedule (quarterly over three years commencing July 8, 2024). Disclosure is specific on quantities, prices, and the reverse split adjustment, meeting typical Section 16 reporting expectations for insider compensation events.
Il direttore finanziario di Stardust Power Inc. (SDST), Udaychandra Devasper, ha riferito la vesting e la liquidazione di unità di azioni vincolate e una vendita correlata per coprire le ritenute. Il 15/09/2025 la persona segnalante aveva 8.245 RSU vestite e liquidate in azioni ordinarie, aumentando la proprietà utile riportata a 68.110 azioni. Nello stesso giorno 3.870 azioni sono state vendute nell’ambito di un piano Rule 10b5-1 a un prezzo medio ponderato di $2.6611 (le vendite sono avvenute in una fascia tra $2,65 e $2,67), lasciando 64.240 azioni detenute beneficiariamente. La dichiarazione indica una precedente divisione inversa di 10 per 1 effective al 09/08/2025 e che la persona segnalante originariamente aveva 98.948 RSU che vestono trimestralmente su tre anni a partire dall’8 luglio 2024.
El director financiero de Stardust Power Inc. (SDST), Udaychandra Devasper, informó del vesting y liquidación de unidades de acciones restringidas y una venta relacionada para cubrir la retención de impuestos. El 15/09/2025 la persona informante tenía 8.245 RSU vestidas y liquidadas en acciones comunes, lo que aumentó la propiedad beneficiosa reportada a 68.110 acciones. En la misma fecha se vendieron 3.870 acciones bajo un plan Rule 10b5-1 a un precio medio ponderado de $2.6611 (las ventas ocurrieron en un rango de $2,65–$2,67), dejando 64.240 acciones en propiedad beneficiaria. La declaración señala una división inversa previa de 10 por 1 efectiva al 09/08/2025 y que la persona informante originalmente recibió 98.948 RSU que vencen trimestralmente durante tres años a partir del 8 de julio de 2024.
Stardust Power Inc. (SDST) 재무 총괄 Udaychandra Devasper는 제한 주식 단위의 가시화 및 결산과 세금 원천징수를 충당하기 위한 관련 매각을 보고했습니다. 2025년 9월 15일 보고자는 8,245 RSU가 가시화 및 결산되어 보통주로 취득했고, 이는 보고된 유익한 소유를 68,110주로 증가시켰습니다. 같은 날 3,870주가 매각되었으며, Rule 10b5-1 계획에 따라 가중평균가 $2.6611로 거래되었습니다(매매는 $2.65–$2.67 구간에서 발생), 남은 유익한 소유는 64,240주가 됩니다. 제출서는 2025년 9월 8일 발효된 10대1 역분할을 언급하고, 보고자는 원래 98,948 RSU가 수여되며 2024년 7월 8일부터 3년간 분기별로 vesting된다고 적고 있습니다.
Le directeur financier de Stardust Power Inc. (SDST), Udaychandra Devasper, a signalé la maturation et le dénouement des RSU et une vente associée pour couvrir les retenues fiscales. Le 15/09/2025, la personne chargée du rapport a 8.245 RSU vestées et réglées en actions ordinaires, ce qui a porté la propriété bénéficiaire déclarée à 68.110 actions. À la même date 3.870 actions ont été vendues dans le cadre d’un plan Rule 10b5-1 à un prix moyen pondéré de $2.6611 (les ventes ont eu lieu dans une fourchette de $2,65–$2,67), laissant 64.240 actions détenues bénéficiairement. Le dépôt note une précédente scission inverse de 10 pour 1 effective au 08/09/2025 et que la personne déclarant avait initialement reçu 98.948 RSU qui se vident (vest) trimestriellement sur trois ans à partir du 8 juillet 2024.
Der Chief Financial Officer von Stardust Power Inc. (SDST), Udaychandra Devasper, berichtete über das Vesting und die Abrechnung von Restricted Stock Units sowie einen entsprechenden Verkauf zur Abdeckung der Steuerabzüge. Am 15.09.2025 hatte die meldende Person 8.245 RSUs vestet und abgerechnet in Stammaktien, was das gemeldete wirtschaftliche Eigentum auf 68.110 Aktien erhöhte. Am selben Datum wurden 3.870 Aktien verkauft im Rahmen eines Rule-10b5-1-Plans zu einem gewogenen Durchschnittspreis von $2.6611 (Verkäufe erfolgten im Bereich von $2,65–$2,67), was 64.240 Aktien als wirtschaftliches Eigentum übrig ließ. Die Einreichung verweist auf einen zuvor wirksamen 10-für-1 Reverse-Stock-Split zum 08.09.2025 und darauf, dass die meldende Person ursprünglich 98.948 RSU erhalten hatte, die vierteljährlich über drei Jahre ab dem 8. Juli 2024 vesten.
FAQ
What transactions did SDST CFO Udaychandra Devasper report on Form 4?
How many RSUs did the reporting person receive and what is the vesting schedule?
At what price were the shares sold and under what plan?
What is the reporting person's role at SDST?
How did the reverse stock split affect reported share counts?
