Stardust Power Inc.·4

Mar 24, 8:44 PM ET

CORTEGOSO PABLO 4

Research Summary

AI-generated summary

Updated

Stardust Power CTO Pablo Cortegoso Receives RSUs, Sells Shares

What Happened

  • Pablo Cortegoso, Chief Technical Officer of Stardust Power Inc. (SDST), was granted 130,909 restricted stock units (RSUs) on 2026-03-20 (reported as an acquisition at $0.00). The RSUs are fully vested and payable solely in common stock. On the same date he disposed of 290 shares in an open-market sale at $2.29 per share, receiving about $664 — the sale was to cover tax withholding from the RSU settlement.

Key Details

  • Transaction dates: 2026-03-20 (grant and sale); Form 4 filed 2026-03-24 (timely filing).
  • Grant: 130,909 RSUs (acquisition reported at $0.00); RSUs fully vested and payable in common stock (Footnote F1).
  • Sale: 290 shares sold at $2.29 each for approximately $664; sale used to satisfy tax withholding obligations from RSU settlement (Footnote F2).
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • No indication this filing was late — reported within two business days of the 3/20 transaction.

Context

  • RSU grants that are fully vested represent a compensation award rather than a market purchase; selling a small number of shares to cover taxes is a routine administrative step and is common after vesting. This combination (award + small tax-cover sale) is typically not a directional trading signal on its own.