BUCKMAN PAUL 4

What Happened

• Paul Buckman, a director of Solana Co (HSDT), was granted equity awards on March 31, 2026. The Form 4 reports 2,180 restricted stock units (RSUs) granted (reported at $0) and a derivative grant of 23,529 option shares (also reported at $0). These were awards/grants (code A) rather than open-market purchases or sales, so no cash changed hands in the filing.

Key Details

• Transaction date: 2026-03-31; filing date (Accession): 2026-04-02.
• Grants reported at $0 per share (typical for compensation awards; no purchase price paid).
• Vesting: per footnotes, 75% of both the RSUs and the options vested on March 31, 2026; the remaining 25% vests on June 30, 2026, subject to continued service.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• No indication this was a sale or exercise—these are grant/award filings, not dispositions. No late-filing flag provided in the data.

Context

• RSUs represent a right to receive shares if vesting conditions are met; options are a derivative right to buy shares in the future. Here, part of each award already vested (75%) with the remainder conditional on continued service through 6/30/2026.
• Grants like these are common executive/director compensation and do not by themselves signal buying or selling intent. They do, however, increase potential future insider holdings if vested awards are settled or options are exercised.