Celano Chris Edward 4

What Happened
Chris Celano, Chief Operating Officer of Stardust Power Inc. (SDST), was issued 91,636 restricted stock units (RSUs) that are fully vested and payable in common stock (reported as an acquisition at $0.00). On the same date (2026-03-20) he sold 3,457 shares in open-market transactions for a weighted average price of $2.32 per share, generating roughly $8,020. The sale was made to satisfy tax withholding obligations arising from the RSU vesting.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (timely within required reporting window).
• Award: 91,636 RSUs granted/settled (fully vested) — reported at $0.00 (footnote F1).
• Sale: 3,457 shares sold; weighted average price $2.32; total proceeds ≈ $8,020 (footnote F4 notes sales ranged $2.32–$2.33).
• Tax withholding: sale was to cover tax withholding on RSU settlement (footnote F3).
• Reverse split adjustment: amounts reflect a 10-for-1 reverse stock split effected 9/8/2025 (footnote F2).
• Shares owned after the transactions: not specified in the filing.
• Filing timeliness: filed within the standard two-business-day window (not marked late).

Context

• The RSU entry is a compensation-related award (acquisition recorded as "A"); it does not indicate an out-of-pocket purchase.
• The small open-market sale was explicitly for tax withholding after vesting, a routine administrative transaction rather than a clear buy/sell signal about personal conviction.
• If you track insider activity, the more informative item here is the RSU vesting (increase in insider-held shares), while the sale reduced a small portion to meet tax obligations.