Form 4: Stardust Power CTO Sells Shares for Tax Obligations

Stardust Power's Chief Technical Officer, Pablo Cortegoso, sold 241 shares of common stock at $3.46 per share to cover tax withholding obligations.

Summary

• Pablo Cortegoso, Chief Technical Officer of Stardust Power Inc. (SDST), reported a sale of 241 shares of common stock.
• The transaction occurred on December 15, 2025, at a price of $3.46 per share.
• The sale was executed to cover tax withholding obligations associated with the vesting and settlement of Restricted Stock Units (RSUs).
• This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 13, 2024.
• Following this sale, Cortegoso beneficially owns 500,420 shares of Stardust Power common stock.
• The reported share numbers reflect adjustments due to a 10-for-1 reverse stock split effected on September 8, 2025.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale to cover tax obligations associated with RSU vesting, which is a neutral event and does not reflect a change in the insider's sentiment regarding the company's future prospects.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a small, routine, and pre-planned sale for tax purposes, not indicative of a change in company fundamentals or management's outlook.

Key Dates

Recommendation

This Form 4 reports a non-discretionary sale of a small number of shares by a Chief Technical Officer to satisfy tax obligations arising from RSU vesting, executed under a Rule 10b5-1 plan. Such transactions are common and do not typically signal a change in the company's operational performance or future prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Stardust Power, SDST, Form 4, Insider Trading, Stock Sale, CTO, Pablo Cortegoso, Rule 10b5-1, Restricted Stock Units, Tax Withholding