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Stardust Power (SDST) director reports sale of 6,020 company shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Stardust Power Inc. director Charlotte Nanguloshi Nangolo reported selling 6,020 shares of common stock on 12/16/2025. The shares were sold at a weighted average price of $3.437 per share, in multiple transactions within a price range of $3.40 to $3.46. After this transaction, the director beneficially owns 40,002 shares of Stardust Power common stock, held directly. The filing explains that detailed information on the number of shares sold at each individual price within the range is available upon request from the reporting person, the issuer, or the SEC staff.

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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*
NANGOLO CHARLOTTE NANGULOSHI

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025
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 12/16/2025 S 6,020 D $3.437(1) 40,002 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a range of $3.40 - $3.46, 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 (1) to this Form 4.
/s/ Udaychandra Devasper, as attorney in fact for Charlotte Nanguloshi Nangolo 12/17/2025
** 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

What insider transaction did Stardust Power Inc. (SDST) report in this Form 4?

The filing reports that director Charlotte Nanguloshi Nangolo sold 6,020 shares of Stardust Power Inc. common stock in an open-market transaction on 12/16/2025.

At what price were the 6,020 Stardust Power (SDST) shares sold?

The 6,020 shares were sold at a weighted average price of $3.437 per share, with individual trades executed in a range between $3.40 and $3.46.

How many Stardust Power (SDST) shares does the director own after this sale?

Following the reported sale, the director beneficially owns 40,002 shares of Stardust Power Inc. common stock, held in direct ownership.

What role does the reporting person hold at Stardust Power Inc. (SDST)?

The reporting person is identified as a Director of Stardust Power Inc., as indicated in the relationship section of the filing.

How is the weighted average sale price of Stardust Power (SDST) shares explained?

The filing notes that the reported price is a weighted average because the 6,020 shares were sold in multiple transactions between $3.40 and $3.46. It states the reporting person will provide full details of the number of shares sold at each price upon request.

Who signed the Stardust Power (SDST) Form 4 for this insider sale?

The Form 4 was signed by /s/ Udaychandra Devasper, acting as attorney in fact for Charlotte Nanguloshi Nangolo, on 12/17/2025.
Stardust Power Inc

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42.02M
6.16M
34.54%
7.77%
0.7%
Electrical Equipment & Parts
Primary Smelting & Refining of Nonferrous Metals
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United States
OKLAHOMA CITY