Stardust Power (NASDAQ: SDST) GC sells shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stardust Power Inc. General Counsel, Chief Compliance Officer and Secretary Bruce Czachor reported an open-market sale of 17,655 shares of common stock on March 20, 2026. The weighted average sale price was $2.29 per share, with individual trades executed between $2.26 and $2.31 per share.
According to the footnotes, this sale was made to cover tax withholding obligations that arose when restricted stock units vested and settled, meaning it was driven by tax requirements rather than a discretionary portfolio decision. After the transactions, Czachor directly held 22,345 shares of Stardust Power common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,655 shares ($40,430)
Net Sell
1 txn
Insider
Czachor Bruce
Role
GC, CCO and Secretary
Sold
17,655 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,655 | $2.29 | $40K |
Holdings After Transaction:
Common Stock — 22,345 shares (Direct)
Footnotes (1)
- Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs. The price reported is a weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $2.26 to $2.31, inclusive. The undersigned undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.