Stardust Power Executive Retains 598K Shares After Tax-Related Sale

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.

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.