Stardust Power (SDST) CTO gets 130,909 RSUs, sells small block for taxes

Rhea-AI Filing Summary

Stardust Power Inc. reported that Chief Technical Officer Pablo Cortegoso received a fully vested equity grant of 130,909 restricted stock units payable in common stock on March 20, 2026. The filing also shows a sale of 290 common shares at $2.29 per share to cover tax withholding obligations upon vesting and settlement of the RSUs, according to the footnotes. Following these transactions, Cortegoso directly holds 631,039 shares of common stock.

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

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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 OKLAHOMA 73116

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	03/20/2026		A		130,909(1)	A	$0	631,329	D
Common Stock	03/20/2026		S(2)		290	D	$2.29	631,039	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 a grant of restricted stock units ("RSUs") payable solely in common stock. The RSUs are fully vested.

2. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs.

	/s/ Udaychandra Devasper, as attorney in fact for Pablo Cortegoso	03/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Stardust Power (SDST) report for Pablo Cortegoso?

Stardust Power reported that Chief Technical Officer Pablo Cortegoso received 130,909 fully vested RSUs and sold 290 common shares. The small sale was conducted solely to cover tax withholding obligations triggered by the RSU vesting and settlement.

How many Stardust Power (SDST) shares does Pablo Cortegoso hold after the Form 4?

After the reported transactions, Pablo Cortegoso directly holds 631,039 shares of Stardust Power common stock. This reflects the addition of 130,909 vested RSU shares and the sale of 290 shares to satisfy tax withholding obligations related to the RSU vesting event.

Was the Stardust Power (SDST) insider sale a tax-related transaction?

Yes. The Form 4 notes that the 290 Stardust Power shares sold were to cover tax withholding obligations arising from the vesting and settlement of RSUs. This characterization indicates a mechanistic tax event rather than a discretionary open-market sale.

What type of equity award did Stardust Power (SDST) grant to Pablo Cortegoso?

Stardust Power granted Pablo Cortegoso restricted stock units payable solely in common stock. The Form 4 specifies that 130,909 RSUs were granted and are fully vested, meaning they convert into common shares without additional service or performance conditions.

On what date did Pablo Cortegoso’s Stardust Power (SDST) RSUs vest?

The Form 4 states that the RSU grant and related activity occurred on March 20, 2026. Footnotes explain that the RSUs were fully vested and settled into common stock on that date, triggering the associated tax-withholding share sale.