STOCK TITAN

Stardust Power CFO sells 3,726 shares

Stardust Power’s CFO had RSUs vest and sold a portion of the resulting shares to satisfy tax withholding obligations.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stardust Power Inc. (SDST) reported insider equity activity by Chief Financial Officer Devasper Udaychandra. On September 15, 2026, 8,245 Restricted Stock Units vested and were settled into 8,245 common shares, as part of a 98,948 RSU grant that vests quarterly over three years beginning July 8, 2024. On September 16, 2026, the CFO sold 3,726 common shares at $0.1424 per share to cover the tax withholding obligation related to this vesting. No Rule 10b5-1 trading plan is reported.

Positive

  • None.

Negative

  • None.
Insider DEVASPER UDAYCHANDRA
Role Chief Financial Officer
Sold 3,726 shs ($530.58)
Approx. gross sale proceeds $530.58
Type Security Shares Price Value
Sale Common Stock F2 3,726 $0.1424 $530.58
Exercise Restricted Stock Unit F3 8,245 $0.00 $0.00
Exercise Common Stock F1 8,245 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 8,249 contracts (Direct); Common Stock — 81,506 shares (Direct)
Footnotes (3)
  1. F1. Each restricted stock unit ("RSU") represents the right to receive one common share upon vesting.
  2. F2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.
  3. F3. The Reporting Person received 98,948 RSUs in connection with the closing of the business combination, which vest quarterly over a 3-year term, commencing July 8, 2024.
Shares sold 3,726 shares Common stock sold by the CFO on September 16, 2026
Sale price per share $0.1424 per share Price for the 3,726 common shares sold on September 16, 2026
RSUs vested and settled 8,245 RSUs/shares Restricted Stock Units vesting into common shares on September 15, 2026
Total RSU grant 98,948 RSUs RSUs received in connection with the closing of the business combination
Vesting schedule 3 years, quarterly RSUs vest quarterly over a 3-year term commencing July 8, 2024
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the right to receive one common share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax withholding obligation financial
"Sale of shares to cover tax withholding obligation incurred upon vesting"
business combination financial
"received 98,948 RSUs in connection with the closing of the business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SDST’s CFO report on this Form 4?

The CFO reported 8,245 RSUs vesting into 8,245 common shares on September 15, 2026, and a sale of 3,726 common shares on September 16, 2026, to cover tax withholding from that vesting.

How many Stardust Power (SDST) shares did the CFO sell and at what price?

The CFO sold 3,726 common shares of Stardust Power at $0.1424 per share on September 16, 2026, according to the Form 4.

Why did the SDST CFO sell shares in this Form 4 filing?

The filing states that the 3,726 shares were sold to cover the tax withholding obligation incurred upon the vesting and settlement of Restricted Stock Units.

What RSU award does the SDST CFO have outstanding under this grant?

The reporting person received 98,948 RSUs in connection with the closing of a business combination. These RSUs vest quarterly over three years, starting July 8, 2024.

Were the SDST CFO’s transactions under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, and there is no footnote stating the transactions were made under a Rule 10b5-1 trading plan.

What type of derivative security was involved in the SDST CFO’s Form 4?

The derivative security was a Restricted Stock Unit (RSU). Each RSU represents the right to receive one common share upon vesting, and 8,245 RSUs vested and were settled into common stock on September 15, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DEVASPER UDAYCHANDRA

(Last)(First)(Middle)
6608 N. WESTERN AVE, SUITE 466

(Street)
NICHOLS HILLS OKLAHOMA 73116

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Stardust Power Inc. [ SDST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/15/2026M8,245A$0(1)85,232D
Common Stock09/16/2026S(2)3,726D$0.142481,506D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(3)09/15/2026M8,245 (3) (3)Common Stock8,245$08,249D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive one common share upon vesting.
2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.
3. The Reporting Person received 98,948 RSUs in connection with the closing of the business combination, which vest quarterly over a 3-year term, commencing July 8, 2024.
/s/ Udaychandra Devasper09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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