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.
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 Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
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)
- F1. Each restricted stock unit ("RSU") represents the right to receive one common share upon vesting.
- F2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.
- 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.
Key Figures
Shares sold: 3,726 shares
Sale price per share: $0.1424 per share
RSUs vested and settled: 8,245 RSUs/shares
+2 more
5 metrics
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
Key Terms
Restricted Stock Unit, tax withholding obligation, business combination
3 terms
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.
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.