Marusak Thomas J 4

What Happened

Thomas J. Marusak, a director of Soluna Holdings, was granted 849,556 restricted stock awards (transaction code A) on 2026-06-01. The filing reports an acquisition price of $0.00 (no cash paid). The shares are restricted and will vest 100% upon the reporting person's separation from the issuer. The Form 4 was filed on 2026-06-03.

Key Details

• Transaction date: 2026-06-01 (grant)
• Reported filing date: 2026-06-03 (timely Form 4 filing)
• Shares granted: 849,556 restricted shares
• Reported acquisition price: $0.00 (no cash paid at grant)
• Vesting condition: 100% vests upon the reporting person's separation from the issuer (see footnote F1)
• Shares owned after transaction: not specified in the provided filing excerpt
• Transaction code: A = Award/Grant

Context

This was a restricted stock award (not an open-market purchase or sale). The award increases potential future insider holdings if the vesting condition is met; until vesting, the shares are restricted. The filing appears timely (filed two days after the grant).