AGARWAL ANUPAM 4

What Happened
Anupam Agarwal, a director of Stardust Power Inc. (SDST), was reported to have received a grant/award of 11,220 restricted stock units (RSUs) on March 20, 2026. The Form 4 shows the acquisition price as $0.00 (award), so no cash was paid; the reported aggregate value is $0. The filing notes these RSUs are fully vested and payable solely in common stock.

Key Details

• Transaction date: 2026-03-20 (reported on Form 4 filed 2026-03-24).
• Transaction type/code: A (Grant/Award) — 11,220 RSUs acquired at $0.00.
• Post-transaction shares owned: not specified in the materials you provided (not reported here).
• Footnotes: F1 — RSUs are payable only in common stock and are fully vested; F2 — share counts reflect a 10-for-1 reverse stock split effective Sep 8, 2025.
• Timeliness: Form 4 was filed on 2026-03-24; this is within the standard two-business-day SEC reporting window for Form 4 filings and is therefore timely.

Context
RSUs are a form of equity compensation that, when vested and payable in stock, increase an insider’s beneficial ownership without an out-of-pocket purchase. A grant/award (A) is different from a market purchase or sale — it’s typically compensation or a board grant and does not by itself indicate buy/sell market sentiment. The reverse-split footnote means the reported 11,220 figure has been adjusted to reflect the company’s 10-for-1 reverse stock split.