OReilly Mary Jennifer 4

What Happened
Mary Jennifer O'Reilly, Chief People Officer of Soluna Holdings, was granted 726,401 restricted stock awards on June 1, 2026. The Form 4 shows an acquisition price of $0.00 (i.e., these are compensation awards, not a market purchase or sale). The grant represents common stock (par value $0.001) and was approved by the Compensation Committee.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical 2-business-day window).
• Award size: 726,401 restricted stock awards; acquisition price reported as $0.00.
• Vesting (per footnote): 33% on June 1, 2027; 33% on June 1, 2028; 34% on June 1, 2029, each contingent on continued service.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Nature of transaction: Award/grant (code A) — part of executive compensation, not a market trade.

Context
Restricted stock awards are compensation and typically vest over time; they do not represent an immediate purchase or sale. Because vesting is tied to continued employment, these awards are primarily a retention/compensation tool and do not by themselves signal a near-term insider buy or sell. Investors should consider this alongside other insider transactions and company performance when assessing executive alignment with shareholder interests.