Stardust Power CEO reports 23.38% share stake

Stardust Power Inc. major shareholder and CEO Roshen Pujari updated his ownership report on the company’s common stock.

Rhea-AI Filing Summary

Stardust Power Inc. major shareholder and CEO Roshen Pujari updated his ownership report on the company’s common stock. He beneficially owns 2,330,357 shares, representing 23.38% of the class, based on 9,966,473 shares outstanding as of March 24, 2026.

On March 20, 2026, Pujari received a grant of 243,117 fully vested restricted stock units and sold 1,132 shares to cover tax withholding obligations. He holds sole voting and dispositive power over all reported shares and reports no other transactions in the past 60 days.

Key Figures

Beneficial ownership: 2,330,357 shares Ownership percentage: 23.38% Shares outstanding: 9,966,473 shares +4 more

7 metrics

Beneficial ownership 2,330,357 shares Common stock beneficially owned by Roshen Pujari

Ownership percentage 23.38% Percent of class represented by Pujari’s holdings

Shares outstanding 9,966,473 shares Common stock outstanding as of March 24, 2026

RSUs granted 243,117 units Fully vested restricted stock units granted March 20, 2026

Shares sold for taxes 1,132 shares Sold March 20, 2026 to cover tax withholding

Sole voting power 2,330,357 shares Shares over which Pujari has sole voting authority

Sole dispositive power 2,330,357 shares Shares over which Pujari has sole dispositive authority

Key Terms

Schedule 13D, beneficially owned, restricted stock units, sole voting power, +1 more

5 terms

Schedule 13D regulatory

"If the filing person has previously filed a statement on Schedule 13G"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficially owned financial

"Number of Shares Beneficially Owned by Each Reporting Person With"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

restricted stock units financial

"received a grant of 243,117 fully vested 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.

sole voting power financial

"Number of Shares Beneficially Owned by Each Reporting Person With: | 7 | Sole Voting Power"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"9 | Sole Dispositive Power 2,330,357.00 10 | Shared Dispositive Power 0.00"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

FAQ

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

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

Roshen Pujari reports beneficial ownership of 2,330,357 shares of Stardust Power common stock. This represents 23.38% of the outstanding shares, based on 9,966,473 shares of common stock reported outstanding as of March 24, 2026.

What transaction triggered this Schedule 13D/A for Stardust Power (SDST)?

The filing was triggered by a March 20, 2026 event. On that date, Roshen Pujari received 243,117 fully vested restricted stock units and sold 1,132 shares to cover tax withholding obligations related to the grant.

Does Roshen Pujari have sole voting power over his Stardust Power (SDST) shares?

Yes. The filing states Roshen Pujari has sole voting power over 2,330,357 shares of Stardust Power common stock and no shared voting power. He also has sole dispositive power over the same number of shares, with no shared dispositive power.

How was the 23.38% ownership percentage in Stardust Power (SDST) calculated?

The 23.38% figure is calculated using 9,966,473 shares of Stardust Power common stock outstanding as of March 24, 2026. That outstanding share count was reported in the company’s Form 10-K for the year ended December 31, 2025.

What type of securities did Roshen Pujari receive from Stardust Power (SDST)?

Roshen Pujari received 243,117 fully vested restricted stock units tied to Stardust Power common stock on March 20, 2026. Restricted stock units are a form of equity compensation that convert into shares according to their terms once vested.

Did Roshen Pujari conduct other recent trades in Stardust Power (SDST) stock?

According to the filing, aside from receiving 243,117 restricted stock units and selling 1,132 shares for tax withholding on March 20, 2026, Roshen Pujari has not effected any other transactions in Stardust Power common stock in the past 60 days.

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

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Accepted by SEC EDGAR 04/03/2026 - 07:11 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

Stardust Power Inc.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

854936200

(CUSIP Number)

Roshen Pujari
15 E Putnam Ave,, Suite 378,
Greenwich, CT, 06830
800-742-3095

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/20/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 854936200

1

Name of reporting person

Roshen Pujari

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 2,330,357.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 2,330,357.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

2,330,357.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

23.38 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

The percent of class is calculated based on the 9,966,473 shares of Common Stock outstanding as of March 24, 2026, as reported in the Issuer's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on March 25, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.0001 per share
(b)	Name of Issuer: Stardust Power Inc.
(c)	Address of Issuer's Principal Executive Offices: 15 E. PUTNAM AVE.,, SUITE 378, GREENWICH, CONNECTICUT , 06830.
Item 1 Comment: This Amendment No. 5 (this "Statement") amends and supplements the Schedule 13D, originally filed on July 15, 2024 (the "Schedule 13D") relating to the Common Stock of the Issuer. Except as set forth herein, the Schedule 13D remains in full force and effect. Each capitalized term used but not defined herein has the meaning ascribed to such term in the Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in rows 11 and 13 of the cover page to this Statement is incorporated by reference into this Item 5(a).
(b)	The information set forth in rows 7 through 10 of the cover page to this Statement is incorporated by reference into this Item 5(b).
(c)	On March 20, 2026, the Reporting Person received a grant of 243,117 fully vested restricted stock units, and on the same date, sold 1,132 shares to cover tax withholding obligations. Except as described above, the Reporting Person has not effected any transactions in the Common Stock in the past 60 days.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Roshen Pujari

Signature:	/s/ Roshen Pujari
Name/Title:	Roshen Pujari / Chief Executive Officer
Date:	04/03/2026