Walter Blane 4/A

What Happened

• Walter Blane, a director of Solana Co (HSDT), was reported to have acquired 2,180 restricted stock units (RSUs) on March 31, 2026. The RSUs are reported at $0.00 per share (award/grant), so no cash purchase price is shown. This filing is an amendment correcting previously reported share counts to reflect reverse stock splits.

Key Details

• Transaction type: Award/Grant (Form 4 code A).
• Transaction date: 2026-03-31; reported in an amended Form 4 filed 2026-05-26.
• Shares involved: 2,180 RSUs reported as acquired at $0.00 per share.
• Vesting: 75% of the RSUs vested on March 31, 2026; the remaining 25% will vest on June 30, 2026, subject to continued service (Footnote F1).
• Reverse-split adjustment: The amended filing adjusts the share counts to reflect three reverse stock splits (1-for-50 effective 8/16/2023; 1-for-15 effective 5/02/2025; 1-for-50 effective 7/01/2025). The original Form 4 did not account for those splits (Footnote F2).
• Shares owned after the transaction: not specified in the provided filing details.
• No tax-withholding or sale information was reported in this amendment.

Context

• RSU awards are a form of compensation; being reported as an award (not a market purchase or sale) generally reflects compensation or vesting rather than a trading decision. Here, most units vested immediately (75%) while the remainder vests upon continued service to 6/30/2026. The amendment primarily corrects the reported unit count to reflect prior reverse stock splits.