Form 4: Stardust Power COO Reports RSU Grant, Tax-Related Sale

Stardust Power's Chief Operating Officer, Chris Edward Celano, reported the acquisition of 91,636 restricted stock units and a subsequent sale of 3,457 shares to cover tax obligations.

Summary

• Chris Edward Celano, Chief Operating Officer of Stardust Power Inc. (SDST), reported transactions involving the company's common stock.
• On March 20, 2026, Celano acquired 91,636 shares of common stock through a grant of fully vested restricted stock units (RSUs) at a price of $0.
• On the same date, Celano sold 3,457 shares of common stock at a weighted average price of $2.32 per share to cover tax withholding obligations incurred upon the vesting and settlement of the RSUs.
• The sale price ranged from $2.32 to $2.33 per share.
• Following these transactions, Celano's direct beneficial ownership of common stock is 128,358 shares.
• An adjustment for a 10-for-1 reverse stock split, effective September 8, 2025, was reflected in the reported beneficial ownership prior to these transactions, which was 131,815 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this filing as slightly positive to neutral. The RSU grant indicates ongoing executive compensation and alignment, while the tax-related sale is a routine event with minimal impact on overall ownership.

Positives

• The Chief Operating Officer received a grant of 91,636 fully vested restricted stock units, indicating continued compensation and alignment with shareholder interests.

Negatives

• The sale of 3,457 shares, although for tax withholding purposes, slightly reduces the Chief Operating Officer's direct beneficial ownership in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for company insiders, detailing changes in their beneficial ownership. The transactions reported, specifically RSU grants and subsequent tax-related sales, are common occurrences in executive compensation structures across various industries.

Stakeholder Impact

• Shareholders: The transactions represent a minor change in the Chief Operating Officer's direct ownership, which is a routine event and generally has a negligible impact on overall shareholder value or perception.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions related to executive compensation (RSU grant and tax-related sale). Such transactions typically do not provide new material information that would warrant a change in an investment thesis. The core business fundamentals and strategic outlook remain unchanged by this disclosure, thus a 'hold' recommendation is appropriate for seasoned investors.

Keywords

Stardust Power, SDST, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Stock Split