Devasper Udaychandra Files Stardust Power Inc. Ownership Statement

TL;DR

**Insider ownership changes for Stardust Power Inc. are being reported by Devasper Udaychandra.**

AI Summary

This Form 4 filing indicates that Devasper Udaychandra, a reporting person, has filed a statement of changes in beneficial ownership of securities for Stardust Power Inc. (Issuer CIK: 0001831979). The filing, dated March 24, 2026, with a period of report of March 20, 2026, is a routine disclosure and does not detail specific transactions in this summary. For investors, this matters because it signals that an insider's ownership changes are being reported, which can sometimes precede significant company events, though this filing itself doesn't reveal any specific transactions.

Why It Matters

This filing is a standard disclosure that an insider's ownership changes are being reported, providing transparency into their holdings in Stardust Power Inc.

Risk Assessment

Risk Level: low — This is a routine disclosure filing and does not inherently indicate a high level of risk or opportunity without transaction details.

Analyst Insight

A smart investor would monitor subsequent Form 4 filings from Devasper Udaychandra for Stardust Power Inc. to identify any actual transactions (buys or sells) and their sizes, as this initial filing only indicates a statement of ownership change, not the specifics of the change itself.

Key Players & Entities

• Devasper Udaychandra (person) — Reporting Person
• Stardust Power Inc. (company) — Issuer
• 0002028422 (person) — Devasper Udaychandra's CIK
• 0001831979 (company) — Stardust Power Inc.'s CIK

FAQ

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 9KB
• 0001493152-26-012463.txt ( ) — 10KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * DEVASPER UDAYCHANDRA (Last) (First) (Middle) 6608 N. WESTERN AVE, SUITE 466 (Street) NICHOLS HILLS OKLAHOMA 73116 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Stardust Power Inc. [ SDST ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Chief Financial Officer 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 M 8,245 A $ 0 (1) 76,803 D Common Stock 03/20/2026 A 85,091 (2) A $ 0 161,894 D Common Stock 03/20/2026 S (3) 4,507 D $ 2.31 157,387 D Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Unit (4) 03/20/2026 M 8,245 (4) (4) Common Stock 8,245 $ 0 24,739 D Explanation of Responses: 1. Each restricted stock units ("RSU") represents the right to receive one common share upon vesting. 2. Represents a grant of RSUs payable solely in common stock. The RSUs are fully vested. 3. Sale of shares to cover tax withholding obligation incurred upon vesting and settlement of RSUs. 4. The Reporting Person received 98,948 RSUs in connection with the closing of the business combination, which vest quarterly over a 3-year term, commencing July 8, 2024. /s/ Udaychandra Devasper 03/24/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

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View this 4 filing on SEC EDGAR