Form 4: Stardust Power COO Sells Shares to Cover Tax Obligations

Stardust Power Inc.'s Chief Operating Officer, Chris Edward Celano, sold 6,925 shares of common stock on June 16, 2025, to cover tax withholding obligations related to Restricted Stock Unit (RSU) vesting.

Summary

• Chris Edward Celano, Chief Operating Officer of Stardust Power Inc. (SDST), reported a sale of common stock.
• The transaction involved the disposition of 6,925 shares of common stock.
• The shares were sold on June 16, 2025, at a weighted average price of $0.5301 per share, with prices ranging from $0.530017 to $0.530117.
• The sale was conducted to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• Following this transaction, Mr. Celano beneficially owns 401,794 shares of Stardust Power Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine sale to cover tax withholding obligations related to RSU vesting, which is a common and expected event for executives receiving equity compensation. It does not indicate a change in management's confidence or a strategic shift, thus it is neutral.

Future Outlook

N/A

Management Comments

• The sale represents sales to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units ("RSUs").

Industry Context

N/A

Stakeholder Impact

• Shareholders: Minimal direct impact as it is a routine tax-related sale, not a discretionary sale indicating a change in confidence.

Key Dates

Keywords

Stardust Power, SDST, Form 4, Insider Trading, Stock Sale, Restricted Stock Units, RSU, Tax Withholding, Chris Edward Celano, Chief Operating Officer, Equity Compensation