STOCK TITAN

[Form 4] Stardust Power Inc. Warrant Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Stardust Power Chief Financial Officer Udaychandra Devasper reported a significant insider transaction on Form 4, executing a sale of 160,450 shares of Common Stock on June 20, 2025, at a weighted average price of $0.1856 per share.

Key transaction details:

  • The sale was specifically to cover tax withholding obligations related to stock settlement
  • Transaction price range: $0.1801 - $0.1875 per share
  • Following the transaction, Devasper retains beneficial ownership of 598,655 shares held directly
  • The shares were sold in multiple transactions, with the reporting person obligated to provide detailed price information upon request

This transaction appears to be a routine tax-related sale rather than a discretionary divestment, suggesting no significant change in the CFO's long-term position in the company.

Udaychandra Devasper, Chief Financial Officer di Stardust Power, ha comunicato una significativa transazione interna tramite il modulo Form 4, effettuando la vendita di 160.450 azioni di azioni ordinarie il 20 giugno 2025, a un prezzo medio ponderato di 0,1856 $ per azione.

Dettagli principali della transazione:

  • La vendita è stata effettuata specificamente per coprire gli obblighi di ritenuta fiscale legati alla liquidazione delle azioni
  • Intervallo di prezzo della transazione: da 0,1801 $ a 0,1875 $ per azione
  • Dopo la transazione, Devasper mantiene la proprietà effettiva di 598.655 azioni detenute direttamente
  • Le azioni sono state vendute in più operazioni, con l'obbligo per la persona che ha effettuato la segnalazione di fornire dettagli sui prezzi su richiesta

Questa transazione sembra essere una vendita di routine legata a questioni fiscali piuttosto che una dismissione discrezionale, suggerendo che non vi sia un cambiamento significativo nella posizione a lungo termine del CFO nella società.

Udaychandra Devasper, Director Financiero de Stardust Power, informó una transacción interna significativa mediante el formulario Form 4, ejecutando la venta de 160,450 acciones de acciones comunes el 20 de junio de 2025, a un precio promedio ponderado de $0.1856 por acción.

Detalles clave de la transacción:

  • La venta se realizó específicamente para cubrir obligaciones fiscales relacionadas con la liquidación de acciones
  • Rango de precios de la transacción: $0.1801 - $0.1875 por acción
  • Tras la transacción, Devasper conserva la propiedad beneficiosa de 598,655 acciones mantenidas directamente
  • Las acciones se vendieron en múltiples transacciones, y la persona que reporta está obligada a proporcionar información detallada sobre los precios a solicitud

Esta transacción parece ser una venta rutinaria relacionada con impuestos y no una desinversión discrecional, lo que sugiere que no hay un cambio significativo en la posición a largo plazo del CFO en la empresa.

Stardust Power의 최고재무책임자(CFO) Udaychandra Devasper가 Form 4를 통해 중대한 내부자 거래를 보고했으며, 2025년 6월 20일에 보통주 160,450주를 주당 가중 평균 가격 $0.1856에 매도했습니다.

주요 거래 내역:

  • 이번 매도는 주식 정산과 관련된 세금 원천징수 의무를 충당하기 위한 것임
  • 거래 가격 범위: 주당 $0.1801 - $0.1875
  • 거래 후 Devasper는 직접 보유한 598,655주의 실질 소유권을 유지함
  • 주식은 여러 차례에 걸쳐 매도되었으며, 보고자는 요청 시 상세 가격 정보를 제공해야 함

이번 거래는 임의 매도가 아닌 세금 관련 일상적인 매도로 보이며, CFO의 회사 내 장기 보유 지분에 큰 변화가 없음을 시사합니다.

Udaychandra Devasper, Directeur Financier de Stardust Power, a déclaré une transaction d'initié importante via le formulaire Form 4, réalisant la vente de 160 450 actions ordinaires le 20 juin 2025, à un prix moyen pondéré de 0,1856 $ par action.

Détails clés de la transaction :

  • La vente a été effectuée spécifiquement pour couvrir les obligations de retenue d'impôt liées au règlement des actions
  • Fourchette de prix de la transaction : 0,1801 $ - 0,1875 $ par action
  • Après la transaction, Devasper conserve la propriété bénéficiaire de 598 655 actions détenues directement
  • Les actions ont été vendues en plusieurs transactions, la personne déclarant étant tenue de fournir des informations détaillées sur les prix sur demande

Cette transaction semble être une vente de routine liée à la fiscalité plutôt qu'une cession discrétionnaire, suggérant qu'il n'y a pas de changement significatif dans la position à long terme du Directeur Financier au sein de l'entreprise.

Udaychandra Devasper, Chief Financial Officer von Stardust Power, meldete eine bedeutende Insider-Transaktion auf Formular 4 und führte am 20. Juni 2025 den Verkauf von 160.450 Aktien des Stammkapitals zu einem gewichteten Durchschnittspreis von 0,1856 $ pro Aktie durch.

Wichtige Details zur Transaktion:

  • Der Verkauf erfolgte speziell zur Deckung von Steuerabzugsverpflichtungen im Zusammenhang mit der Aktienabwicklung
  • Transaktionspreisspanne: 0,1801 $ - 0,1875 $ pro Aktie
  • Nach der Transaktion behält Devasper den wirtschaftlichen Eigentum an 598.655 Aktien, die direkt gehalten werden
  • Die Aktien wurden in mehreren Transaktionen verkauft, wobei die meldende Person verpflichtet ist, auf Anfrage detaillierte Preisinformationen bereitzustellen

Diese Transaktion scheint ein routinemäßiger, steuerlich bedingter Verkauf zu sein und keine freiwillige Veräußerung, was darauf hindeutet, dass sich die langfristige Position des CFO im Unternehmen nicht wesentlich ändert.

Positive
  • None.
Negative
  • None.

Udaychandra Devasper, Chief Financial Officer di Stardust Power, ha comunicato una significativa transazione interna tramite il modulo Form 4, effettuando la vendita di 160.450 azioni di azioni ordinarie il 20 giugno 2025, a un prezzo medio ponderato di 0,1856 $ per azione.

Dettagli principali della transazione:

  • La vendita è stata effettuata specificamente per coprire gli obblighi di ritenuta fiscale legati alla liquidazione delle azioni
  • Intervallo di prezzo della transazione: da 0,1801 $ a 0,1875 $ per azione
  • Dopo la transazione, Devasper mantiene la proprietà effettiva di 598.655 azioni detenute direttamente
  • Le azioni sono state vendute in più operazioni, con l'obbligo per la persona che ha effettuato la segnalazione di fornire dettagli sui prezzi su richiesta

Questa transazione sembra essere una vendita di routine legata a questioni fiscali piuttosto che una dismissione discrezionale, suggerendo che non vi sia un cambiamento significativo nella posizione a lungo termine del CFO nella società.

Udaychandra Devasper, Director Financiero de Stardust Power, informó una transacción interna significativa mediante el formulario Form 4, ejecutando la venta de 160,450 acciones de acciones comunes el 20 de junio de 2025, a un precio promedio ponderado de $0.1856 por acción.

Detalles clave de la transacción:

  • La venta se realizó específicamente para cubrir obligaciones fiscales relacionadas con la liquidación de acciones
  • Rango de precios de la transacción: $0.1801 - $0.1875 por acción
  • Tras la transacción, Devasper conserva la propiedad beneficiosa de 598,655 acciones mantenidas directamente
  • Las acciones se vendieron en múltiples transacciones, y la persona que reporta está obligada a proporcionar información detallada sobre los precios a solicitud

Esta transacción parece ser una venta rutinaria relacionada con impuestos y no una desinversión discrecional, lo que sugiere que no hay un cambio significativo en la posición a largo plazo del CFO en la empresa.

Stardust Power의 최고재무책임자(CFO) Udaychandra Devasper가 Form 4를 통해 중대한 내부자 거래를 보고했으며, 2025년 6월 20일에 보통주 160,450주를 주당 가중 평균 가격 $0.1856에 매도했습니다.

주요 거래 내역:

  • 이번 매도는 주식 정산과 관련된 세금 원천징수 의무를 충당하기 위한 것임
  • 거래 가격 범위: 주당 $0.1801 - $0.1875
  • 거래 후 Devasper는 직접 보유한 598,655주의 실질 소유권을 유지함
  • 주식은 여러 차례에 걸쳐 매도되었으며, 보고자는 요청 시 상세 가격 정보를 제공해야 함

이번 거래는 임의 매도가 아닌 세금 관련 일상적인 매도로 보이며, CFO의 회사 내 장기 보유 지분에 큰 변화가 없음을 시사합니다.

Udaychandra Devasper, Directeur Financier de Stardust Power, a déclaré une transaction d'initié importante via le formulaire Form 4, réalisant la vente de 160 450 actions ordinaires le 20 juin 2025, à un prix moyen pondéré de 0,1856 $ par action.

Détails clés de la transaction :

  • La vente a été effectuée spécifiquement pour couvrir les obligations de retenue d'impôt liées au règlement des actions
  • Fourchette de prix de la transaction : 0,1801 $ - 0,1875 $ par action
  • Après la transaction, Devasper conserve la propriété bénéficiaire de 598 655 actions détenues directement
  • Les actions ont été vendues en plusieurs transactions, la personne déclarant étant tenue de fournir des informations détaillées sur les prix sur demande

Cette transaction semble être une vente de routine liée à la fiscalité plutôt qu'une cession discrétionnaire, suggérant qu'il n'y a pas de changement significatif dans la position à long terme du Directeur Financier au sein de l'entreprise.

Udaychandra Devasper, Chief Financial Officer von Stardust Power, meldete eine bedeutende Insider-Transaktion auf Formular 4 und führte am 20. Juni 2025 den Verkauf von 160.450 Aktien des Stammkapitals zu einem gewichteten Durchschnittspreis von 0,1856 $ pro Aktie durch.

Wichtige Details zur Transaktion:

  • Der Verkauf erfolgte speziell zur Deckung von Steuerabzugsverpflichtungen im Zusammenhang mit der Aktienabwicklung
  • Transaktionspreisspanne: 0,1801 $ - 0,1875 $ pro Aktie
  • Nach der Transaktion behält Devasper den wirtschaftlichen Eigentum an 598.655 Aktien, die direkt gehalten werden
  • Die Aktien wurden in mehreren Transaktionen verkauft, wobei die meldende Person verpflichtet ist, auf Anfrage detaillierte Preisinformationen bereitzustellen

Diese Transaktion scheint ein routinemäßiger, steuerlich bedingter Verkauf zu sein und keine freiwillige Veräußerung, was darauf hindeutet, dass sich die langfristige Position des CFO im Unternehmen nicht wesentlich ändert.

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*
DEVASPER UDAYCHANDRA

(Last) (First) (Middle)
6608 N. WESTERN AVE, SUITE 466

(Street)
NICHOLS HILLS OK 73116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Stardust Power Inc. [ SDST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/20/2025 S(1) 160,450 D $0.1856(2) 598,655 D
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 sales to cover tax withholding obligations in connection with the settlement of Common Stock.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a range of $0.1801 - $0.1875, 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 ranges set forth in footnote (2) to this Form 4.
/s/ Udaychandra Devasper 06/23/2025
** 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.

FAQ

How many shares of SDSTW (Stardust Power) did CFO Udaychandra Devasper sell on June 20, 2025?

CFO Udaychandra Devasper sold 160,450 shares of common stock on June 20, 2025, at a weighted average price of $0.1856 per share.

What was the purpose of SDSTW CFO's stock sale in June 2025?

The sale was specifically to cover tax withholding obligations in connection with the settlement of Common Stock, as stated in the filing's explanation of responses.

How many shares does SDSTW's CFO Devasper own after the June 2025 transaction?

Following the reported transaction, CFO Udaychandra Devasper directly owns 598,655 shares of Stardust Power common stock.

What was the price range of SDSTW shares sold by the CFO in the June 2025 transaction?

The shares were sold in multiple transactions at prices ranging from $0.1801 to $0.1875 per share, with a weighted average price of $0.1856.

What is the position of Udaychandra Devasper at SDSTW according to the Form 4?

Udaychandra Devasper serves as the Chief Financial Officer (CFO) of Stardust Power Inc., as indicated by the officer title checked in the filing.
Stardust Power Inc

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3.70M
57.65M
Electrical Equipment & Parts
Primary Smelting & Refining of Nonferrous Metals
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United States
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