Stardust Power CEO gets RSUs and sells shares

Stardust Power Inc. CEO and Chairman Roshen Pujari reported both an equity award and a small share sale.

Rhea-AI Filing Summary

Stardust Power Inc. CEO and Chairman Roshen Pujari reported both an equity award and a small share sale. He received a grant of 243,117 restricted stock units payable in common stock, which are fully vested. On the same date, 1,132 common shares were sold at $2.31 per share to cover tax withholding obligations arising from the RSU vesting and settlement.

After these transactions, Pujari holds 605,198 shares directly. He also beneficially owns 465,286 shares held by Energy Transition Investors LLC, 1,087,279 shares held by 7636 Holdings LLC, 141,888 shares held by Vikasa Clean Energy LLC, and 46,022 shares held by Maggie Clayton, reflecting substantial additional indirect ownership.

Insider Trade Summary

Net Seller: 1,132 shares

Net Sell 3 txns

Insider PUJARI ROSHEN

Role CEO and Chairman

Sold 1,132 shs ($3K)

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	243,117	$0.00	$0.00
Sale	Common Stock	1,132	$2.31	$3K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 605,198 shares (Direct); Common Stock — 1,740,475 shares (Indirect, See Footnote)

Footnotes (3)

1. F1. Represents a grant of restricted stock units ("RSUs") payable solely in common stock. The RSUs are fully vested.
2. F2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.
3. F3. Roshen Pujari beneficially owns 465,286 shares held by Energy Transition Investors LLC, 1,087,279 shares held by 7636 Holdings LLC, 141,888 shares held by Vikasa Clean Energy LLC, and 46,022 shares held by Maggie Clayton.

FAQ

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

What insider transactions did Stardust Power (SDST) CEO Roshen Pujari report?

Roshen Pujari reported receiving 243,117 fully vested restricted stock units payable in common stock and selling 1,132 common shares. The sale occurred at $2.31 per share and was used to cover tax withholding obligations from the RSU vesting and settlement.

How many Stardust Power (SDST) shares does Roshen Pujari own directly after the filing?

Following the reported transactions, Roshen Pujari directly owns 605,198 shares of Stardust Power common stock. This figure reflects his position after receiving the RSU award and selling 1,132 shares to satisfy tax withholding obligations related to the vesting and settlement.

What was the purpose of Roshen Pujari’s 1,132-share sale in Stardust Power (SDST)?

The sale of 1,132 Stardust Power common shares at $2.31 per share was executed to cover tax withholding obligations. These obligations were incurred when Roshen Pujari’s restricted stock units vested and settled into common stock, rather than representing a discretionary open-market sale.

What indirect ownership in Stardust Power (SDST) does Roshen Pujari report?

Roshen Pujari beneficially owns 465,286 shares held by Energy Transition Investors LLC, 1,087,279 shares held by 7636 Holdings LLC, 141,888 shares held by Vikasa Clean Energy LLC, and 46,022 shares held by Maggie Clayton. These positions represent additional indirect ownership interests beyond his direct holdings.

Is the Stardust Power (SDST) Form 4 transaction mainly a purchase or a sale?

The Form 4 reflects both acquisition and disposition activity. Roshen Pujari received 243,117 fully vested restricted stock units as an equity award and sold 1,132 shares to cover tax withholding, resulting in a net share increase and a small, tax-driven sale component.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/24/2026 - 08:45 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

PUJARI ROSHEN

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/20/2026		A		243,117(1)	A	$0	606,330	D
Common Stock	03/20/2026		S(2)		1,132	D	$2.31	605,198	D
Common Stock								1,740,475	I	See Footnote(3)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock units ("RSUs") payable solely in common stock. The RSUs are fully vested.

2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.

3. Roshen Pujari beneficially owns 465,286 shares held by Energy Transition Investors LLC, 1,087,279 shares held by 7636 Holdings LLC, 141,888 shares held by Vikasa Clean Energy LLC, and 46,022 shares held by Maggie Clayton.

	/s/ Udaychandra Devasper, as attorney in fact for Roshen Pujari	03/24/2026
	** Signature of Reporting Person	Date
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)