Stardust Power CFO sells 49K shares at $0.16
Stardust Power’s CFO executed a pre-planned Rule 10b5-1 sale of common shares, reducing his direct holdings but retaining a significant position.
Rhea-AI Filing Summary
Stardust Power Inc. (SDST) reported that its Chief Financial Officer, Devasper Udaychandra, sold 49,315 shares of common stock on September 10, 2026 at $0.16 per share. After this sale, he directly holds 76,987 shares. The sale was made under a Rule 10b5-1(c)(1) trading plan adopted on June 9, 2026.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 49,315 shares
Net Sell
1 txn
Insider
DEVASPER UDAYCHANDRA
Role
Chief Financial Officer
Sold
49,315 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 49,315 | $0.16 | $8K |
Holdings After Transaction:
Common Stock — 76,987 shares (Direct)
Footnotes (1)
- F1. Represents sales pursuant to a Rule 10b5-1(c)(1) sales plan adopted on June 9, 2026.
Key Figures
Shares sold: 49,315 shares
Sale price per share: $0.16 per share
Shares held after transaction: 76,987 shares
+2 more
5 metrics
Shares sold
49,315 shares
Common stock sale reported for September 10, 2026
Sale price per share
$0.16 per share
Price for the 49,315 common shares sold on September 10, 2026
Shares held after transaction
76,987 shares
Direct common stock holdings of the CFO following the sale
Shares sold under 10b5-1 plan
49,315 shares
Sales pursuant to a Rule 10b5-1(c)(1) sales plan
10b5-1 plan adoption date
June 9, 2026
Adoption date of the Rule 10b5-1(c)(1) sales plan referenced in the footnote
Key Terms
Rule 10b5-1(c)(1), Rule 10b5-1 sales plan, open market or private transaction
3 terms
Rule 10b5-1(c)(1) regulatory
"Represents sales pursuant to a Rule 10b5-1(c)(1) sales plan"
Rule 10b5-1 sales plan regulatory
"sales pursuant to a Rule 10b5-1(c)(1) sales plan adopted"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SDST report for its CFO?
Stardust Power’s Chief Financial Officer, Devasper Udaychandra, sold 49,315 shares of common stock on September 10, 2026 at $0.16 per share, in an open market or private transaction reported as a sale.
Was the SDST CFO’s sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale represents transactions pursuant to a Rule 10b5-1(c)(1) sales plan adopted on June 9, 2026, indicating the trades were pre-arranged under that plan.
What is the overall direction of insider activity in this SDST Form 4?
The Form 4 reports one net sale transaction: 49,315 shares sold and no purchases, resulting in a net-sell direction for this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.