4Accepted Sep 11, 4:05 PM ET
Stardust Power CFO Devasper Udaychandra Sells 49,315 Shares
Accepted (ET)
4:05 PM
Sep 11, 2026
Filed
Sep 11, 2026
Documents
1
Size
5.0 KB
Summary
Stardust Power CFO Devasper Udaychandra Sells 49,315 Shares
What Happened
Devasper Udaychandra, CFO of Stardust Power Inc. (SDST), sold 49,315 shares on September 10, 2026, at $0.16 per share for total proceeds of $7,890. This was a sale (not a purchase) and therefore generally a routine disposition of shares rather than a bullish buy signal.
Key Details
- Transaction date: 2026-09-10; Price: $0.16 per share; Shares sold: 49,315; Proceeds: $7,890.
- Filing date / period of report: Form 4 filed 2026-09-11 reporting the 2026-09-10 transaction (appears timely; Form 4 is generally due within two business days).
- Shares owned after transaction: Not specified in the information provided in this summary.
- Footnote: Sale executed under a prearranged Rule 10b5-1(c)(1) sales plan adopted June 9, 2026 (indicates trades followed an established plan).
Context
A Rule 10b5-1 plan lets insiders sell shares according to a preset schedule or conditions; such sales are often routine and should not be interpreted alone as a signal of changed sentiment. For retail investors, purchases typically carry more informational weight than routine plan-driven sales.