STOCK TITAN

Stardust Power (SDST) COO sells 640 shares in tax-related insider trade

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stardust Power Inc. Chief Operating Officer Chris Edward Celano reported an open-market sale of 640 shares of common stock at $1.95 per share on June 15, 2026. According to the footnote, the sale was made to cover a tax withholding obligation incurred when restricted stock units settled, making this a routine tax-related transaction rather than a discretionary sale. After this trade, Celano directly holds 101,743 shares of Stardust Power common stock.

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Insider Celano Chris Edward
Role Chief Operating Officer
Sold 640 shs ($1K)
Type Security Shares Price Value
Sale Common Stock 640 $1.95 $1K
Holdings After Transaction: Common Stock — 101,743 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 640 shares Common Stock sold on June 15, 2026
Sale price $1.95 per share Price for Stardust Power common stock sale
Shares after transaction 101,743 shares Direct holdings of COO following sale
Net shares sold 640 shares Net change in position from the reported transaction
restricted stock units financial
"upon settlement of restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligation financial
"Sale of shares to cover tax withholding obligation incurred"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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*
Celano Chris Edward

(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 Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
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 Stock06/15/2026S(1)640D$1.95101,743D
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
Explanation of Responses:
1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units.
/s/ Udaychandra Devasper, as attorney in fact for Chris Edward Celano06/17/2026
** 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)

FAQ

What insider transaction did Stardust Power (SDST) report for Chris Edward Celano?

Stardust Power reported that COO Chris Edward Celano sold 640 shares of common stock at $1.95 per share. The transaction occurred on June 15, 2026, and was disclosed in a Form 4 insider trading report.

Why did Stardust Power COO Chris Edward Celano sell 640 SDST shares?

The 640-share sale by Stardust Power COO Chris Edward Celano was executed to cover a tax withholding obligation. This obligation arose when his restricted stock units settled, indicating the transaction was tax-related rather than a discretionary market sale.

How many Stardust Power (SDST) shares does Chris Edward Celano own after the Form 4 transaction?

Following the June 15, 2026 transaction, Chris Edward Celano directly owns 101,743 shares of Stardust Power common stock. This figure, reported in the Form 4, shows that the 640-share sale represented a very small portion of his total holdings.

What price did Stardust Power COO Chris Edward Celano receive per SDST share sold?

Chris Edward Celano sold his 640 Stardust Power shares at an average price of $1.95 per share. The transaction was classified as an open-market sale and used to satisfy tax withholding obligations tied to restricted stock unit settlement.

Is the Stardust Power (SDST) insider sale by Chris Edward Celano a routine tax withholding event?

Yes. The Form 4 footnote explains the 640-share sale by Chris Edward Celano covered a tax withholding obligation from restricted stock unit settlement. Such tax-driven sales are generally considered routine administrative transactions rather than signaling a change in insider sentiment.