Celano Chris Edward 4
Research Summary
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Stardust Power (SDST) COO Chris Celano Sells 25,975 Shares
What Happened Chris Edward Celano, COO of Stardust Power Inc. (SDST), disposed of 25,975 shares on 2026-05-19 in an open-market sale (reported as S). The weighted-average sale price was $2.05 per share for total proceeds of about $53,249. The filing notes the sale was to cover tax withholding obligations incurred on settlement of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-05-19; Filing date: 2026-05-21 (filed within the typical two-business-day window).
- Shares sold: 25,975; weighted-average price: $2.05; reported price range: $2.05–$2.07 across multiple transactions.
- Proceeds: approximately $53,249.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — sale to cover tax withholding on RSU settlement; F2 — weighted average price with multiple sale prices in the $2.05–$2.07 range (issuer/SEC staff can request full breakdown).
Context This was a tax-withholding sale tied to vested RSUs, a common and routine type of insider sale that typically reflects tax-management rather than a view on the company. The dollar amount is modest; purchases generally carry more weight as potential bullish signals.