CEO Roshen Pujari Increases Stake in Stardust Power Inc. via Restricted Stock Grant
This Schedule 13D/A (Amendment No. 5) filed by Roshen Pujari, the Chief Executive Officer of Stardust Power Inc. (SDST), reports an update to his beneficial ownership following equity compensation activity. On March 20, 2026, Pujari received a grant of 243,117 fully vested restricted stock units. On the same date, he sold 1,132 shares of Common Stock specifically to satisfy tax withholding obligations associated with the grant. Following these transactions, Pujari beneficially owns 2,330,357 shares of Common Stock, representing approximately 23.38% of the company's outstanding shares. The ownership percentage is based on 9,966,473 shares of Common Stock outstanding as reported in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Pujari maintains sole voting and dispositive power over these shares. No other transactions in the Issuer's Common Stock were reported by the Reporting Person within the past 60 days. The filing serves to supplement the original Schedule 13D filed on July 15, 2024.