Insider sell cluster at 1.4% of market cap is significant for a $25M market cap stock. The CEO's sale alongside his CFO and COO, with zero buying, signals weak conviction or portfolio trimming near the top. Monitor for an upcoming material event — earnings, offering, or adverse operating news — that insiders may be pre-positioning for. The calibration amplifier for insider-sell + late-filing/restatement context suggests elevated risk of adverse disclosure.
Price Chart
Executive Summary
CEO Pujari gifted 563K shares ($0 cash) and sold 102K shares for $223K, while CFO DeVasper and COO Celano sold $126K combined. Total cluster sales of $349K equal ~1.4% of SDST's $25M market cap, a material insider-sell cluster for a micro-cap. No insider buying offsets the selling pressure, and the CEO's gift suggests pre-planned distribution rather than reactive fear.
Key Financial Metrics
Key Facts
- CEO sold 102,427 shares for $223K at $2.18 on 2026-05-26
- CFO sold 35,800 shares for $73K at $2.03 on 2026-05-19
- COO sold 26,000 shares for $53K at $2.05 on 2026-05-19
- CEO also gifted 563,000 shares at $0 on 2026-05-28 (non-cash transfer)
- Total cluster sale value = $349K = 1.4% of $25M market cap
- Cluster exclusively sells; no insider buys in the 7-day window
Financial Impact
$349K in open-market sales = 1.4% of market cap, a material withdrawal for a micro-cap issuer
Risk Factors
- CEO+CFO+COO simultaneous selling may foreshadow poor quarterly results or guidance
- The $25M market cap is fragile; $349K selling pressure can accelerate selloff
- Cross-filing calibrations strongly amplify these insider sales into higher-impact scenarios when other adverse filings (NT, restatement, offering) are present
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SDST-1780006421189 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 7d ago | 8-K | $0.0200 | awaiting T+20 | — | $0.006000 (+70.00%) |
Oct 2, 2026 24d ago | SC 13D/A | $0.0916 | awaiting T+20 | — | $0.006000 (+93.45%) |
Oct 2, 2026 24d ago | SC 13D/A | $0.0916 | awaiting T+20 | — | $0.006000 (+93.45%) |
Sep 22, 2026 4w ago | 424B5 | $0.1160 $0.0180 | ▲ +84.48% | ▲ +85.17% | $0.006000 (+94.83%) |
Sep 22, 2026 4w ago | 8-K | $0.1160 $0.0180 | ▲ +84.48% | ▲ +85.17% | $0.006000 (+94.83%) |
Sep 17, 2026 5w ago | 8-K | $0.1250 $0.0298 | ▲ +76.16% | ▲ +76.36% | $0.006000 (+95.20%) |
Aug 13, 2026 10w ago | Press Release | $0.6724 $0.1360 | ▲ +79.77% | ▲ +77.78% | $0.006000 (+99.11%) |
Aug 11, 2026 10w ago | 8-K | $0.7100 $0.1580 | ▼ −77.75% | ▼ −76.69% | $0.006000 (−99.15%) |
Aug 5, 2026 11w ago | 8-K | $0.6307 $0.2525 | ▼ −59.97% | ▼ −59.36% | $0.006000 (−99.05%) |
Jul 2, 2026 16w ago | 8-K | $1.70 $0.7351 | ▼ −56.76% | ▼ −56.34% | $0.006000 (−99.65%) |
US Market Status
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