DEVASPER UDAYCHANDRA 4

What Happened

• Devasper Udaychandra, Chief Financial Officer of Stardust Power Inc. (SDST), disposed of 35,776 shares on May 19, 2026. The weighted average sale price was $2.03 per share, producing proceeds of about $72,625. The filing lists the disposition as an open-market or private sale and notes the sale was to cover tax withholding obligations arising from the settlement of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within the typical two-business-day window).
• Shares sold: 35,776; weighted-average price: $2.03; proceeds: $72,625.
• Price range: shares were sold in multiple trades at prices between $2.02 and $2.08 (footnote F2).
• Reason: sale to cover tax withholding on RSU settlement (footnote F1).
• Shares owned after transaction: not disclosed in the provided Form 4 excerpt.
• Transaction code: S = Sale; footnotes indicate multiple executions and willingness to provide per-price breakdown on request.

Context

• Sales to cover tax withholding on RSU settlements are routine and do not necessarily indicate a change in the insider’s view of the company. This was a sale (not a purchase), so it’s generally less informative about insider bullishness than a buy.