Stardust Power CTO Sells 173K Shares at $0.18 for Tax Obligations

Insider Trading Alert: Pablo Cortegoso, Chief Technical Officer of Stardust Power, executed a significant stock transaction on June 20, 2025.

Accepted by SEC EDGAR 06/23/2025 - 04:05 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Insider Trading Alert: Pablo Cortegoso, Chief Technical Officer of Stardust Power, executed a significant stock transaction on June 20, 2025. The insider sold 173,610 shares of common stock at a weighted average price of $0.1861 per share.

The transaction was specifically conducted to cover tax withholding obligations related to the settlement of Common Stock. The sales were executed through multiple transactions within a price range of $0.1801 to $0.1889 per share.

Following this transaction, Cortegoso continues to maintain direct ownership of 5,006,616 shares of Stardust Power common stock. The Form 4 was filed on June 28, 2025, with the signature executed by Udaychandra Devasper acting as attorney-in-fact for Pablo Cortegoso.

Insider Trade Summary

Net Seller: 173,610 shares

Net Sell 1 txn

Insider CORTEGOSO PABLO

Role Chief Technical Officer

Sold 173,610 shs ($32K)

Type	Security	Shares	Price	Value
Sale	Common Stock	173,610	$0.1861	$32K

Holdings After Transaction: Common Stock — 5,006,616 shares (Direct)

Footnotes (2)

1. F1. Represents sales to cover tax withholding obligations in connection with the settlement of Common Stock.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a range of $0.1801 - $0.1889, 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.

FAQ

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How many shares of SDSTW common stock did Pablo Cortegoso sell on June 20, 2025?

Pablo Cortegoso, Chief Technical Officer of Stardust Power Inc., sold 173,610 shares of common stock on June 20, 2025.

What was the price per share for SDSTW stock sold by the CTO in the June 2025 transaction?

The shares were sold at a weighted average price of $0.1861 per share, with transactions ranging from $0.1801 to $0.1889 per share.

Why did Stardust Power's CTO Pablo Cortegoso sell SDSTW shares in June 2025?

The sales were made 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 of SDSTW does Pablo Cortegoso own after the June 2025 transaction?

Following the reported transaction, Pablo Cortegoso beneficially owns 5,006,616 shares of common stock directly (Form D).

What is Pablo Cortegoso's role at SDSTW according to the Form 4 filing?

Pablo Cortegoso serves as the Chief Technical Officer (CTO) of Stardust Power Inc., as indicated in the relationship section of the Form 4 filing.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

CORTEGOSO PABLO

(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 Technical 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)		173,610	D	$0.1861(2)	5,006,616	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 - $0.1889, 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, as attorney in fact for Pablo Cortegoso	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.