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[Form 4] Stardust Power Inc. Insider Trading Activity

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

Stardust Power Inc. director Charlotte Nangolo Nanguloshi reported a sale of common stock. On 09/22/2025 she disposed of 942 shares at $2.7111 per share, leaving 46,022 shares beneficially owned following the transaction. The filing notes the reported share counts reflect a 10-for-1 reverse stock split effected on September 8, 2025. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/23/2025.

Positive
  • None.
Negative
  • Director sold 942 shares of common stock on 09/22/2025 at $2.7111 per share, reducing available insider-held shares by that amount.

Insights

TL;DR: Director reported a small sale of 942 shares at $2.7111, leaving 46,022 shares post-transaction.

The Form 4 shows a straightforward non-derivative sale by a director on 09/22/2025. The transaction size (942 shares) is small relative to the remaining holding (46,022 shares) as presented, and the filing explicitly adjusts share counts for a 10-for-1 reverse split on September 8, 2025. This disclosure complies with Section 16 reporting requirements and provides clear, specific trade details: date, price, shares sold, and resulting beneficial ownership.

TL;DR: Routine insider sale disclosed; documentation includes attorney-in-fact signature and reverse-split adjustment.

The submission is procedurally complete: it indicates the reporting person is a director, specifies the sale code, and contains an explanatory note about the reverse split that affects reported share totals. The signature line shows an attorney-in-fact executed the form on 09/23/2025. The filing does not provide any additional context such as a Rule 10b5-1 plan, so the disclosure is limited to the transaction facts only.

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)
09/22/2025
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 09/22/2025 S 942 D $2.7111 46,022(1) 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 share numbers reflected in Table I have been adjusted to take into account a 10-for-1 reverse stock split of the Issuer's common stock that was effected on September 8, 2025.
/s/ Udaychandra Devasper, as attorney in fact for Charlotte Nanguloshi Nangolo 09/23/2025
** 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

What transaction did Charlotte Nangolo Nanguloshi report on Form 4 for SDSTW?

She reported a sale of 942 shares of Stardust Power Inc. common stock on 09/22/2025 at a price of $2.7111 per share.

How many shares does the reporting person own after the reported transaction?

The filing states the reporting person beneficially owned 46,022 shares following the reported sale.

Does the Form 4 mention any corporate actions affecting share counts?

Yes. The filing explains that share numbers have been adjusted for a 10-for-1 reverse stock split effected on September 8, 2025.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Udaychandra Devasper, as attorney-in-fact for Charlotte Nanguloshi Nangolo on 09/23/2025.

Is there any indication this sale was executed under a Rule 10b5-1 plan?

The form does not indicate that the transaction was made pursuant to a Rule 10b5-1 plan; no such plan is referenced in the filing.
Stardust Power Inc

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Electrical Equipment & Parts
Primary Smelting & Refining of Nonferrous Metals
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United States
OKLAHOMA CITY