Stardust Power technical chief reports 0.86% stake
Cortegoso’s reported 0.86% stake was below the five-percent threshold cited in the ownership statement.
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Rhea-AI Filing Summary
Stardust Power Inc. reported that its chief technical officer, Pablo Cortegoso, sold 123,614 shares of common stock in open-market transactions on September 16, 2026, at a weighted average price of $0.1318 per share. Sale prices ranged from $0.1300 to $0.1364 per share. The sales were made under a Rule 10b5-1 trading plan Cortegoso adopted on June 17, 2026.
Cortegoso’s reported beneficial ownership was 459,537 shares, or 0.86% of the class, based on 53,468,409 shares outstanding as of October 2, 2026. He had ceased to be a beneficial owner of more than 5% of the common stock.
Filing Explained
Cortegoso reports that he is no longer a beneficial owner above
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
beneficial owner regulatory
weighted average price financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.