Stardust Power Inc.
For the period ended Apr 28, 2025. Filed Apr 28, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 28, 2025 · Filed Apr 28, 2025
SDST$0.01-29.0%Stored close · as of Oct 22, 2026
Contents
SUMMARY COMPENSATION TABLE
The following table provides information concerning all compensation awarded to, earned by, or paid to our former or current named executive officers for the fiscal years ended December 31, 2024 and December 31, 2023.
SUMMARY COMPENSATION TABLE
| NAME AND PRINCIPAL POSITION · YEAR · SALARY ($) · BONUS ($) · STOCK AWARDS(2) ($) · Non-Equity Incentive Plan Compensation(3) · All Other Compensation(4) · TOTAL($) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Roshan Pujari(1) | 2024 | 437,423 | - | 5,621,597 | 650,000 | 14,525 | 6,723,546 | |
| Chairman and Chief Executive Officer | 2023 | 103,055 | - | - | - | 2,249 | 105,304 | |
| Pablo Cortegoso(5) Chief Technical Officer | 2024 | 442,033 | 50,000 | (7) | 1,513,504 | 306,967 | 121 | 2,312,625 |
| Udaychandra Devasper(6) | 2024 | 301,099 | - | 10,483,687 | 227,500 | 442 | 11,012,727 | |
| Chief Financial Officer | 2023 | 5,742 | - | - | - | - | 5,742 | |
| (1) | Mr. Pujari began his employment on September 20, 2023. From March 16, 2023, the date Stardust Power was formed, through September 19, 2023, Mr. Pujari provided services to Stardust Power in his capacity as Manager of 7636H LLC pursuant to the consulting agreement between 7636H LLC and Stardust Power (see “Certain Relationships and Related Transactions, and Director Independence–Related Party Transactions”). |
| (2) | As required by applicable SEC rules, this column reflects the aggregate grant date fair value of time-based RSUs and PSUs granted to our named executive officers in the applicable year, computed in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 (“Topic 718”). The grant date fair value of the PSUs was based on the probable outcome of the applicable performance conditions as of the date of grant. For a discussion of the assumptions that we used to value the time-based RSUs and performance units for financial accounting purposes, please refer to “Note 8” in the notes to our consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2024. |
| (3) | The amounts reported represent incentive bonuses earned pursuant to our 2024 bonus plan, which amount was paid in cash to Mr. Pujari and in common stock of the Company with an issuance date value equal to the amount shown for Messrs. Cortegoso and Devasper. |
| (4) | Reflects payment by Stardust Power of health benefits and life insurance premiums for executive officers. |
| (5) | Mr. Cortegoso began his employment in February 2024. |
| (6) | Mr. Devasper began his employment in December 2023. Stardust Power has issued Mr. Devasper an award of RSUs under the Stardust 2023 Plan for 215,000 shares or 989,481 shares of Stardust Power Common Stock after the consummation of the Business Combination at a grant date fair value of $8.41. |
| (7) | Reflects a one-time sign-on bonus paid to Mr. Cortegoso. |
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